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$0.0219
+0.0002 (+0.706%)
At Close: Jun 03, 2026
WazirX Withdrawal Management Poll Faces Backlash Over Loss Distribution Plan
09:54am, Monday, 29'th Jul 2024
WazirX has been facing heavy criticism for its apparent idea of equitably distributing the losses of $230 million from the recent hack across all its customers.
WazirX Draws Backlash Over ‘Socialized' Recovery Plan, Asks Binance for Help
09:52am, Monday, 29'th Jul 2024
Indian crypto exchange WazirX which lost over $230 million of users' funds in a massive hack has proposed a controversial recovery plan that involves distributing the loss to all WazirX users.
WazirX Surveys Users on Recovery Options After $230M Hack, Leaves Customers and Industry Players Fuming
08:53am, Monday, 29'th Jul 2024
Indian cryptocurrency exchange WazirX is facing industry and customer heat for its "Withdrawal Management Programme: Opinion Poll" in the aftermath of the $230 million hack, 45% of its user funds, it
CoinDCX CEO Says WazirX Hack Compensation Plan Is “Utter Nonsense”
07:18am, Monday, 29'th Jul 2024
Sumit Gupta, CEO of CoinDCX, has sharply criticized WazirX's proposed compensation plan for users affected by a significant hack earlier this month. Gupta's comments underscore growing discontent with
WazirX Didn't Insure Customers' Funds: Plans to Lock 45% Assets of ‘All Users'
04:33am, Monday, 29'th Jul 2024
The exchange proposed a controversial plan to distribute the impact of the loss to all users. It wants to lock 45 percent of all customers' assets until recovery.
WazirX to Share $230 Million Hack Losses with Users
03:00am, Monday, 29'th Jul 2024
In a bold move, Indian cryptocurrency exchange WazirX has decided to spread a $230 million loss across its user base after a major security breach.
WazirX Users Face Tough Choices: Tax Burdens and Withdrawal Limits Revealed
10:25pm, Sunday, 28'th Jul 2024
The recent WazirX poll offers two stark options for users to regain partial access to their funds following a significant hack, each presenting its own challenges. This critical decision-making proces
Wazirx Clarifies Recovery Options, Asset Valuation, and USDT Conversion After Cyberattack
01:05pm, Sunday, 28'th Jul 2024
Indian cryptocurrency exchange Wazirx has answered important questions from its users about the recent cyberattack. The platform explained its socialized loss strategy and the options users have to re
WazirX Plans to Spread $230 Million Hack Loss Among Users
05:45am, Sunday, 28'th Jul 2024
WazirX, a leading Indian cryptocurrency exchange, recently shared a controversial plan to distribute a $230 million loss among its users following a major security breach.
WazirX implements ‘socialized loss strategy' following $235m hack
03:03pm, Saturday, 27'th Jul 2024
Indian crypto exchange WazirX has unveiled a plan to mitigate the effects of a recent hack that resulted in the loss of approximately $235 million.
WazirX Hack Most Likely Linked to Its Custodian's Systems Failing
02:13pm, Saturday, 27'th Jul 2024
Wazir X issued a report on Thursday, with new revelations of the $235 million hack, stating all indicators point to the custody service provider it relies on, Liminal Custody.
WazirX to Resume Trading and Withdrawals with 55% of User Funds
12:00pm, Saturday, 27'th Jul 2024
Crypto exchange WazirX employs a controversial “socialized loss” strategy in efforts to resume operations.
Wazirx Rolls Out Socialized Loss Strategy Across All Users Post $230M Cyberattack
10:05am, Saturday, 27'th Jul 2024
Indian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $230 million cyberattack among all its users. The exchange stated that 55% of us
Hacked WazirX rolls out a 55/45 recovery plan strategy
08:21am, Saturday, 27'th Jul 2024
India's cryptocurrency exchange which recently got hacked for $230 million (45% of user funds), WazirX announced a recovery and distribution plan. The platform is implementing a socialized loss strate
WazirX Hack: Founder Nischal Shetty Reveals $230 Million Recovery Strategy by August 3
06:31am, Saturday, 27'th Jul 2024
Considering the fact that it recently suffered a massive cyberattack that led to the loss of about $230 million, plans to take a community-driven approach to recovery.
