The ongoing dispute between Binance and WazirX has taken a dramatic turn following a major security breach at WazirX in mid-2024, leading to the loss of approximately $230 million in crypto assets, almost half of the platform’s reserves. This breach forced WazirX to halt withdrawals, creating shockwaves across the crypto […]
Tag: WazirX
Indian Exchange WazirX’s Multisig Wallet Hacked, $231M Stolen
The Indian cryptocurrency exchange WazirX has reportedly suffered a major security breach, with its multisig wallet suspected to be compromised. Over 200 tokens were stolen, resulting in a total loss of approximately $231 million. 🚨The multisig wallet of Indian exchange #WazirX is suspected to be compromised. More than 200 tokens […]
Floki Team Addresses $230 Million WazirX Hack, $4.7 Million In FLOKI Tokens Affected
The Floki team has responded to the recent hack on WazirX, one of India’s leading cryptocurrency exchanges. The exploit resulted in a loss of over $230 million, including $4.7 million worth of FLOKI tokens. In their statement, the Floki team highlighted three key points regarding the incident: 1. Exploiter’s FLOKI […]