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Indian crypto exchange WazirX suffered a massive security breach. Web3 security firm Cyvers said WazirX suffered "multiple suspicious transactions involving Safe Multisig wallet on Ethereum network" following which "$234.9 million (around ₹1,965 cror

WazirX Co-founder Nischal Shetty said he has been "unable to sleep or eat" since hackers stole assets worth ₹1,965 crore from the crypto exchange platform. "But that does not matter...We're tirelessly working on next steps," Shetty wrote on X. The pl

Crypto hacked What will happen next? 1. WazirX will make an effort to negotiate with the hacker. 2. If the first step fails, the value of INR rates for USDC and USDT will collapse since the hacked amount constitutes half of their reserves. 3. The

Crypto Hacked? Take Action! 1. Gather evidence: transaction records, exchange communication, etc. 2. Notify the exchange & request a response plan. Consider legal help. 3. Explore suing the exchange (consult a lawyer for your case's strength). 4

Crypto is starting to become more accepted, especially after the approval of #Bitcoin and #Ethereum exchange-traded funds (ETFs) in the U.S. and changes to accounting rules by the Financial Accounting Standards Board (FASB). However, like with any

The US intelligence agency, the Federal Bureau of Investigation (FBI), has reportedly reached out to the Indian cryptocurrency exchange WazirX to study the nature of a cyberattack involving the North Korean hacking group Lazarus Group and to support

Popular YouTuber and influencer Ranveer Allahbadia has fallen victim to a cyberattack, resulting in both of his YouTube channels being hacked and renamed "Tesla." All the videos on both channels were also deleted. The hackers reportedly used a decep

Top News of the Day: 1. World's largest crypto exchange Binance issued a statement on WazirX's ₹1,965-crore hack. Binance said WazirX and CEO Nischal Shetty are "misleading customers" about their relationship. 2. Stolen customer data from Star Hea

Top News of the Week: 1. Funding: - 35 Indian startups raised around $261.21 million in funding, this week - On a weekly basis, startup funding bounced back by nearly 125% to $261.21 million as compared to around $116 million raised during the pre