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Only users with WazirX generated loss statements qualify for the program.

CoinSwitch to help WazirX hack victims with $70 million recovery initiative

CoinSwitch announced a ₹600 crore initiative to aid WazirX users impacted by the massive $240 million hack took place in 2024.

WazirX users might get relief as this exchange unveils $70M recovery fund

The WazirX hack of around $230 million has marked one of the biggest crypto losses in 2024. After several months of controversy, the WazirX team has finally announced its recovery plan recently and is planning to distribute funds to the creditors. Meanwhile, other Indian crypto exchanges such as CoinDCX and

CoinSwitch Announces a 600 Crore Recovery Fund For WazirX Users

CoinSwitch’s announced recovery program for WazirX users faces criticism for being more of a user acquisition tactic than genuine relief.

Crypto Exchange CoinSwitch Promises ‘Recovery’ Through Rewards for WazirX Users

The WazirX hack has become one of the most controversial topics of 2024, involving a theft of over $230 million funds. All the users who lost funds in this hack have been waiting for this issue to resolve for several months. The time seems to come where WazirX distributes funds

WazirX Answers When and How Creditors Can Receive Their Funds

DOGE

MEME

The year 2024 marked a historic turning point for the crypto industry, with bitcoin surpassing the symbolic threshold of 100,000 dollars in December. Between the resounding successes of Bitcoin ETFs and colossal losses due to hacks, this year has been rich in twists and turns for the crypto sector.

2024, The Year Everything Changed For The Crypto Market

CoinDCX, one of India’s largest cryptocurrency exchanges, has expressed solidarity with the victims of the WazirX hack. Which resulted in a Rs 2000 crore loss. Co-founders Sumit Gupta and Neeraj Khandelwal have shown interest in stepping in to help recover funds. For the affected users but are currently limited by

CoinDCX Stands with WazirX Hack Victims Ready to Help Once Legal Issues Clear

SAVE

The post Can CoinDCX Save WazirX Users? CEO Sumit Gupta Reveals Plans to Recover Lost Funds appeared first on Coinpedia Fintech News

Can CoinDCX Save WazirX Users? CEO Sumit Gupta Reveals Plans to Recover Lost Funds

The post WazirX News: History Repeating? Creditors Fear Failed Vauld-Style Outcome appeared first on Coinpedia Fintech News

WazirX News: History Repeating? Creditors Fear Failed Vauld-Style Outcome

The post WazirX News: Creditors Express Concerns Over Restructuring After Vauld’s Failed Experience appeared first on Coinpedia Fintech News

WazirX News: Creditors Express Concerns Over Restructuring After Vauld’s Failed Experience

The 2024 report identifies private key theft as a major threat. WazirX hack was the largest cryptocurrency theft in 2024.

Hacken Identifies Key Threats in 2024 Web3 Security Report

Crypto hacks and frauds led to over $2.3 billion in losses this year, highlighting the persistence of security vulnerabilities in the industry. This figure spans 165 incidents, marking a 40% increase from the previous year. 

WazirX Fiyat