WazirX reassures users: platform security intact after US$230M Breach In the wake of a significant security breach, WazirX, one of India’s leading cryptocurrency exchanges, has taken swift action to reassure its users that their platform security remains uncompromised. Despite the recent cyberattack, which resulted in the loss of US$230 million in user funds, WazirX has emphasized its commitment to maintaining robust security measures and protecting user assets. The Incident On July 18, 2024, WazirX experienced a major security breach that led to the theft of US$230 million from one of its multisig wallets. This wallet, which requires multiple private keys…
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