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Hack
WazirX Asks Singapore Court for 6 Months to Restructure Liabilities as CoinSwitch Weighs Legal Action
Indian rival CoinSwitch said it is likely to sue the hacked crypto exchange, where $9.6 million worth of deposits were held.
80% of Tokens Suffer Losses for at Least 6 Months After a Hack: Immunefi
According to Immunefi, 80% of token prices suffer negative price impact for at least 6 months after a hack. In its latest report, the team reviewed a sample of 176 hacking incidents between 2021 and 2023 and discovered that the market impact of a hack persists and intensifies over time, continuing for at least 6 months after the incident. CoinDesk's Jennifer Sanasie presents the "Chart of the Day."
Wallet Linked to Nomad Bridge Hack Transfers $36M of Ether to Tornado Cash
The address was funded on Monday, three days before the transfers were made.
Blockchain Protocol Nexera Suffers $1.8M Exploit, NXRA Tumbles 40%
The hacker is linked to a string of recent exploits.
Post WazirX Hack, India's CoinDCX Starts Investor Protection Fund With $6M
The decision comes in the wake of the $230 million hack on crypto exchange WazirX last month.
Terra Blockchain Restarts After $4M Exploit
A reentrancy attack briefly halted the network. It restarted after an “emergency” chain upgrade.
WazirX Co-Founder Nischal Shetty Says All Options Are on the Table for Fund Recovery
Shetty said that outreach efforts to different exchanges “are going to be crucial.”
WazirX Surveys Users on Recovery Options After $230M Hack, Leaves Customers and Industry Players Fuming
The Indian crypto exchange has put out a fresh statement clarifying that the poll was "not legally binding" and was a "preliminary step to understand" customer opinions.
WazirX, Liminal Custody Blame Each Other as $230M Crypto Exploit Leaves Customers Stranded
The dispute centers around multisig wallets.
WazirX Files Police Complaint After $230M Hack, Engages With India's Cyber Crimes Unit
WazirX said "many exchanges" were "cooperating" with them and that their immediate plans included "tracing the stolen funds, recovering customer assets, and conducting a deeper analysis of the cyber attack."
