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Tag: Shetty

WazirX Clarifies: CEO Nischal Shetty Not Linked to Recent Crypto Hack Incident

WazirX Clarifies: CEO Nischal Shetty Not Linked to Recent Crypto Hack Incident

In the digital era, where cryptocurrency exchanges represent the nexus between traditional finance and the burgeoning world of digital assets, the security of these platforms is paramount The recent controversy surrounding WazirX, one of the leading crypto exchanges, has sparked a firestorm within the crypto community At the heart of this issue lies allegations and defenses regarding a significant security breach, purportedly putting assets worth over $230 million—or approximately ₹2000 crore—at risk This article delves into the evolving saga, examining the accusations, the responses, and the broader implications for the crypto ecosystem Addressing the Allegations: The Core of WazirX's Controversy The initial accusations against WazirX emerged from multiple voices within the crypto community, pointing toward a massive security breach...

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