Cryptocurrency Market

Cryptocurrency Market

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  • Market Cap: $3,716,147,483,810.31
  • 24h Vol: $312,291,882,273.27
  • BTC Dominance: 51.92%

Wazirx

wazirx-users-may-face-delays-amid-binance-dispute-and-moratorium-uncertainty

Wazirx Users May Face Delays Amid Binance Dispute and Moratorium Uncertainty

Leave a Comment / $230M hack, Binance dispute, Bitcoin, crypto asset recovery, crypto exchanges, Crypto Hacked, crypto users claims, Cryptocurrency, Cryptocurrency Exchange, Ethereum, Exchanges, India, moratorium filing, Wazirx, WazirX hack, Zettai ownership / / / , , , , , , , , , , ,

Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx explained that Zettai holds the cryptocurrency tokens under protest. “If Binance is deemed the owner, it becomes liable for users’ account balances. If Zettai is […]

Wazirx Users May Face Delays Amid Binance Dispute and Moratorium Uncertainty Read More »

liminal-says-grant-thornton-confirms-its-security-amid-wazirx-breach-concerns

Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns

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Grant Thornton’s review of Liminal’s infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $230 million, internal and third-party investigations at Liminal identified a data discrepancy, though no security vulnerability was uncovered. The company emphasized

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wazirx-begins-inr-withdrawal-phase-1:-users-can-withdraw-up-to-33%

Wazirx Begins INR Withdrawal Phase 1: Users Can Withdraw Up to 33%

Leave a Comment / Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, cyberattack, Ethereum, Exchanges, India, Indian, INR, Nischal Shetty, reserves, Theft, Wazirx, Withdrawals / / / , , , , , , , , , , ,

Indian crypto exchange Wazirx has initiated the first phase of INR withdrawals, permitting eligible users to withdraw up to 33% of their INR balances. Co-founder Nischal Shetty noted that the timeline for the second phase remains uncertain due to several internal factors that need to be addressed. Wazirx Launches Phase 1 of INR Withdrawals Indian

Wazirx Begins INR Withdrawal Phase 1: Users Can Withdraw Up to 33% Read More »

wazirx-founder-denies-remaining-assets-are-gone,-warns-about-new-fake-account-trend

Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend

Leave a Comment / Assets, Bitcoin, Crypto, Crypto Hacked, Cryptocurrency, custody provider, cyberattack, Ethereum, Exchange, Exchanges, Fear, misinformation, Nischal Shetty, PoR, Proof of Reserves, Wazirx, Withdrawals / / / , , , , , , , , , , , , ,

Wazirx co-founder Nischal Shetty has addressed concerns about the remaining assets following the cyberattack, stating that misinformation has caused unnecessary fear by suggesting these assets are also gone. He emphasized that such claims are baseless and are made only to attract attention. He also promised to share Wazirx’s Proof of Reserves (PoR) after a new

Wazirx Founder Denies Remaining Assets Are Gone, Warns About New Fake Account Trend Read More »

wazirx-defends-restructuring-decision-—-founder-assures-‘not-bankruptcy-or-liquidation’

Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’

Leave a Comment / Bitcoin, community, Crypto, Crypto Hacked, Cryptocurrency, cyberattack, ERC-20, Ethereum, Exchanges, INR withdrawals, legal avenues, Nischal Shetty, platform, restructuring, Singapore Scheme, stolen assets, Wazirx / / / , , , , , , , , , , , , ,

Indian crypto exchange Wazirx has defended its restructuring strategy in response to the July 18 cyberattack that led to the theft of over $230 million. The company emphasized that this approach is the quickest and most legally sound way to address these challenges. “This is not bankruptcy or liquidation since that will take several years,”

Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’ Read More »

wazirx-to-resume-inr-withdrawals-up-to-66%-—-crypto-withdrawals-remain-suspended

Wazirx to Resume INR Withdrawals Up to 66% — Crypto Withdrawals Remain Suspended

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Indian crypto exchange Wazirx has announced that INR withdrawals will resume in phases starting on Aug. 26, following a cyberattack that disrupted services. To manage crypto balances, Wazirx plans to implement a Singapore Scheme of Arrangement to facilitate the distribution of crypto assets. INR withdrawals will occur in two stages, allowing users to access up

Wazirx to Resume INR Withdrawals Up to 66% — Crypto Withdrawals Remain Suspended Read More »

wazirx-tells-users:-google’s-mandiant-confirms-no-breach-on-laptops-during-cyberattack

Wazirx Tells Users: Google’s Mandiant Confirms No Breach on Laptops During Cyberattack

Leave a Comment / Bitcoin, Breach, Crypto, Crypto Hacked, Cryptocurrency, cyberattack, Digital Assets, Ethereum, Exchanges, Google, Investigation, liminal, Mandiant, multisig, Nischal Shetty, Wallet, Wazirx / / / , , , , , , , , , , , , ,

Indian crypto exchange Wazirx says cybersecurity firm Mandiant, a Google subsidiary, has confirmed that Wazirx team laptops were not compromised during the $230 million cyberattack. The exchange added that attention is now focused on custodian Liminal’s wallet infrastructure, and the investigation’s findings have been shared with law enforcement and other agencies to assist in recovering

Wazirx Tells Users: Google’s Mandiant Confirms No Breach on Laptops During Cyberattack Read More »

wazirx:-crypto-and-inr-balance-solutions-top-priority,-urges-users-not-to-panic

Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic

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Indian crypto exchange Wazirx has informed users that it is focusing on resolving issues related to INR and crypto balances. The exchange emphasized that both solutions require ongoing legal analysis and urged users not to panic. Wazirx acknowledged users’ frustration but cautioned that drastic actions could cause further delays. Wazirx’s Update on Top Priority Post

Wazirx: Crypto and INR Balance Solutions Top Priority, Urges Users Not to Panic Read More »

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Wazirx Moves Funds to New Wallets After $230M Crypto Theft

Leave a Comment / Assets, Bitcoin, Breach, Crypto, Crypto Hacked, Cryptocurrency, Ethereum, Exchange, Exchanges, India, liminal, multisig, Security, Theft, Wallets, Wazirx / / / , , , , , , , , , , , ,

Indian crypto exchange Wazirx is in the process of migrating the remaining assets from custodian Liminal to new multisig wallets following a security breach that resulted in the theft of over $230 million. Wazirx claims that while its own systems remain secure, the custodian’s interface was compromised, prompting this precautionary measure. Wazirx Updates on Cyberattack

Wazirx Moves Funds to New Wallets After $230M Crypto Theft Read More »

wazirx-update:-trade-reversals-near-completion,-344-bounty-entries-received

Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received

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Indian crypto exchange Wazirx says it is close to completing the reversal of trades after the $230 million cyberattack. “We’re working with legal experts to help us formulate an effective method for enabling withdrawals,” the exchange stated. Additionally, Wazirx revealed that its bounty program has attracted 344 bounty hunters to help recover the stolen funds.

Wazirx Update: Trade Reversals Near Completion, 344 Bounty Entries Received Read More »