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Investors Outraged After $230M WazirX Hack - They're Demanding Answers Now!

Investors Outraged After $230M WazirX Hack - They're Demanding Answers Now!

In the digital age, where cryptocurrencies have become an integral part of the financial landscape, the security of digital assets is of paramount concern A recent alarming incident at WazirX, India’s largest cryptocurrency exchange, has triggered a wave of concern throughout the Indian crypto community and beyond On 18 July 2024, WazirX experienced a catastrophic security breach, resulting in the loss of $230 million (₹2,000 crore) of user funds This event has not only heightened anxiety among users but also raised serious questions about the security measures adopted by cryptocurrency exchanges Timeline of the WazirX Hack The breach was publicly acknowledged by WazirX on July 18, 2024, leading to an immediate suspension of all withdrawals...

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