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WazirX
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CryptoCurrency
WazirX Didn't Insure Customers’ Funds: Plans to Lock 45% Assets of ‘All Users’
2024-07-29T10:33:31.089+02:00
The exchange proposed a controversial plan to distribute the impact of the loss to all users.
It wants to lock 45 percent of all customers’ assets until recovery.
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CryptoCurrency
WazirX $230M Crypto Hack Shakes India's Crypto Scene: “Horrifying Situation”
2024-07-23T18:33:01.148+02:00
According to crypto users on X, the WazirX hack, which has left many users in India counting losses, can only be described as alarming.
The exchange is offering 10% of the recovered amount as a bug bounty, totaling up to $23 million.
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