Indian crypto exchange WazirX

Indian crypto exchange WazirX announces a controversial plan to “socialize” the ~$230M loss from its recent security breach among all its customers

Indian crypto exchange WazirX announces a controversial plan to “socialize” the ~$230M loss from its recent security breach among all its customers

Indian cryptocurrency exchange WazirX announced on Saturday a controversial plan to “socialize” the $230 million loss …

Indian crypto exchange WazirX “temporarily” pauses trading activities days after suspending customer withdrawals following its ~$230M loss in a security breach

Manish Singh / TechCrunch :

Indian crypto exchange WazirX says one of its multisig wallets “experienced a security breach” after $230M+ in withdrawals; WazirX had $500M in holdings in June

Shaurya Malwa / CoinDesk :

Indian crypto exchange WazirX says one of its multisig wallets “experienced a security breach” after $230M+ in withdrawals; WazirX had $500M in holdings in June

One of the exchange's multisig wallets experienced a security breach, the exchange confirmed in an X post.

Indian crypto exchange WazirX says deposit inflows jumped about 250% in the four days after December 28, when India began a crackdown on offshore platforms

Bloomberg :

Indian crypto exchange WazirX says deposit inflows jumped ~250% in the four days after India blocked nine offshore platforms on December 28, ~70% from Binance

- WazirX, Mudrex say about 70% of fresh inflows from Binance  — Local trading has been ravaged by tax introduced in 2022