Wazirx Prepares Bounty Program to Recover $230 Million Stolen in Security Breach

Quick Summary:

Wazirx co-founder Nischal Shetty has updated the public on the $230 million security breach affecting the Indian crypto exchange.

The Wazirx team is preparing a bounty program, engaging with expert teams to trace the stolen funds, and collaborating with other exchanges.“This is an unprecedented attack on one of the largest crypto exchanges in India.

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Article Details

Author / Journalist: Kevin Helms

Category: Crypto

Markets: JapanIndia

Topics: Exchanges Bounty programs Security breaches Cryptocurrency Indian crypto exchanges Wazirx Crypto Multisig wallets Indian crypto Indian cryptocurrency Crypto exchanges

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-20 @ 16:30:47 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: news.bitcoin.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoin News

News ID: 21695462

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About Bitcoin News

Main Topics: Crypto

Official Website: news.bitcoin.com

Update Frequency: 8 posts per day

Year Established: 2008

Headquarters: Japan

News Last Updated: 10 hours ago

Coverage Areas: Japan

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #62

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