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Tag: 23m

$23M Reward Announced for Retrieval of Stolen Cryptocurrency Funds

$23M Reward Announced for Retrieval of Stolen Cryptocurrency Funds

Reviving Trust and Security: A crypto Exchange's Battle Against Cyber Theft In the digital age, where technology evolves faster than we can keep up, the battle against cyber crimes intensifies One of the most recent incidents that shook the foundations of digital security occurred on July 18, 2024, when a crypto exchange named WazirX fell victim to a massive cyberattack The aftermath saw a shocking theft of over $230 million in digital assets, leaving the cryptocurrency community in dismay However, in a resilient response to this catastrophic event, WazirX has initiated an innovative bounty program aimed at retrieving the stolen funds and fortifying the crypto environment against future threats Bounty Program Initiatives: A Gleam of Hope Understanding the gravity of the situation, WazirX unveiled a 3-month bounty program, announcing rewards totaling up to $23 million...

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