Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX - wazirx

Binance Issues Statement, Denies Involvement in $230,000,000 Hack of Crypto Exchange WazirX

The world’s leading cryptocurrency exchange by trading volume is distancing itself from a cyberattack that recently compromised the WazirX trading platform. In a statement released today, Binance said that it has never owned, controlled, or operated

Daily Hodl Staff
Binance clarifies it never owned WazirX, demands accountability - wazirx

Binance clarifies it never owned WazirX, demands accountability

Binance has distanced itself from the ongoing struggles of the Indian crypto exchange WazirX in a Sept. 17 statement. According to Binance, WazirX co-founder Nischal Shetty made several misleading statements that suggested the exchange might be respo

Oluwapelumi Adejumo
Binance Clarifies Stance Amid WazirX-Liminal Custody Blame Game - wazirx, cex

Binance Clarifies Stance Amid WazirX-Liminal Custody Blame Game

In an unprecedented turn of events, crypto exchange colossus Binance on Tuesday denied any links to WazirX or Zanmai and Zettai in the wake of users’ stolen funds on the Indian exchange. Notably, the globally leading CEX called on the Indian exchange

Coingape Staff
Binance fires back at WazirX over control claims - cyber, wazirx

Binance fires back at WazirX over control claims

Binance has denied responsibility for the WazirX cyber-attack, stating it never controlled the platform or the compromised wallet. Cryptocurrency exchange Binance publicly refuted claims of responsibility for a recent cyber-attack on the Indian crypt

Denis Omelchenko
Binance Rejects WazirX Blame Game: Demands Accountability for Lost Funds - wazirx

Binance Rejects WazirX Blame Game: Demands Accountability for Lost Funds

Binance says it has no connection to WazirX, and its dispute has nothing to do with user funds. The exchange called out WazirX for deflecting ...

Prashant Jha
WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement - wazirx, set, one

WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement

The post WazirX Update: Court Hearing Set, Survey on Moratorium, and Townhall Announcement appeared first on Coinpedia Fintech News Crypto exchange WazirX, one of the most famous among Indian crypto exchanges, has reported crucial data on the current

Sohrab Khawas
Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns - wazirx

Liminal Says Grant Thornton Confirms Its Security Amid Wazirx Breach Concerns

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 thir

Kevin Helms
WazirX hacker launders $10 million through Tornado Cash - cash, tornado cash, wazirx, million

WazirX hacker launders $10 million through Tornado Cash

The hacker responsible for stealing over $235 million from the Indian crypto exchange WazirX has transferred around $10 million through sanctioned Tornado Cash in the past 24 hours, according to blockchain security firm Cyvers. In a Sept. 5 message t

Oluwapelumi Adejumo
Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay - crypto, wazirx

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% of their INR balances. However, crypto trading on the platform will no

Kevin Helms
WazirX begins second phase of fiat withdrawals early, hackers begins moving funds - wazirx, second

WazirX begins second phase of fiat withdrawals early, hackers begins moving funds

WazirX has begun the second phase of its fiat currency withdrawal process ahead of schedule on Sept. 3. The process was originally slated to begin on Sept. 9 and comes as the exchange faces the aftermath of a major security breach that resulted in th

Assad Jafri
WazirX hacker sends $6.5M ETH to Tornado Cash amid ongoing INR withdrawals - wazirx, cash, second

WazirX hacker sends $6.5M ETH to Tornado Cash amid ongoing INR withdrawals

WazirX hacker sends $6.5M ETH to Tornado Cash as the second phase of INR withdrawals starts The hack on July 18 led to a $230M theft, causing halted trading and frozen withdrawals. WazirX is battling legal issues and ongoing investigations. In a rece

WazirX hacker moves $6M in crypto to Tornado Cash - cash, eth, wazirx, worth

WazirX hacker moves $6M in crypto to Tornado Cash

A wallet address associated with the WazirX hacker has transferred $6.5 million worth of stolen ETH to Tornado Cash as the exchange opens up withdrawals to users ahead of time.

Cointelegraph by Tom Mitchelhill
Wazirx Defends Restructuring Decision — Founder Assures ‘Not Bankruptcy or Liquidation’ - wazirx

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

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 t

Kevin Helms
WazirX to resume phased fiat withdrawals after $235M hack - wazirx

WazirX to resume phased fiat withdrawals after $235M hack

India-based crypto exchange WazirX announced that it will begin a phased resumption of fiat currency withdrawals on Aug. 26, following a month-long suspension due to a cyberattack, according to an Aug. 23 press release. The July 18 hack resulted in t

Assad Jafri
WazirX announces INR withdrawals, provides update for crypto holders - wazirx, able

WazirX announces INR withdrawals, provides update for crypto holders

Indian cryptocurrency exchange WazirX has announced that customers will be able to withdraw their Indian Rupee balances starting from August 26. The WazirX team noted in its announcement on Aug. 23 that customers would not yet be able to access…

Benson Toti
WazirX Files Application in Singapore’s High Court to Pursue Restructuring - wazirx, high

WazirX Files Application in Singapore’s High Court to Pursue Restructuring

WazirX reveals plans to restore INR balances and pursue a restructuring plan at the High Court of Singapore.

Indian Bitcoin exchange WazirX restores balances after a $234 million hack - wazirx, one, million

Indian Bitcoin exchange WazirX restores balances after a $234 million hack

WazirX exchange experienced a massive hack that bled more than $230 million worth of clients’ funds. After halting withdrawals, the exchange restored the account balances and conducted maintenance act

WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets - wazirx

WazirX Ends Custody Relationship With Liminal, Is Moving Funds to New Multisig Wallets

Indian cryptocurrency exchange WazirX, which suffered a $230 million exploit in July, is ending its relationship with custody provider Liminal.

exbasi.com
WazirX Nears the Completion of ‘Restoring’ User Balances Post $230M Hack - wazirx

WazirX Nears the Completion of ‘Restoring’ User Balances Post $230M Hack

WazirX issued an update on its plan to restore balances of trades that occurred between July 18 and 21.

exbasi.com
India’s CoinDCX Initiates $5.9M Investor Protection Fund, Following WazirX Heist - wazirx, fund

India’s CoinDCX Initiates $5.9M Investor Protection Fund, Following WazirX Heist

CoinDCX will contribute 2% of its brokerage income to the CIPF corpus annually, with periodical reviews and plans to increase the fund size.

Sujha Sundararajan