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Tag: 5day

WazirX's 5-Day Delay Response Leaves Us at Starting Line Again - What's Next?

WazirX's 5-Day Delay Response Leaves Us at Starting Line Again - What's Next?

In the midst of the burgeoning crypto industry, a recent unsettling event has captured the attention of thousands of investors and sparked an intense discussion across social media platforms Following the largest Indian cryptocurrency hack, which saw a staggering $230 million (Rs 2000 crore) vanish from the digital coffers of WazirX, the outcry for transparency and justice from the affected investors has been loud and clear Yet, the response from the cryptocurrency exchange has been less than satisfactory, raising numerous questions about responsibility, security, and the future of crypto transactions The delayed statement from WazirX, released after days of unsettling silence, failed to provide investors with the answers they desperately sought, particularly concerning when they would be able to withdraw their funds again This lack of communication has not only fueled the flames of dissatisfaction but has also highlighted a significant issue of accountability within the cryptocurrency exchange...

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