I heard some news about WazirX recently and I'm wondering if there's any truth to the rumors that it's getting banned. I use WazirX for my crypto transactions and I'm concerned about what might happen if it gets banned.
6 answers
JejuSunrise
Sat Oct 12 2024
In response to the attack, WazirX has promptly initiated investigations to determine the cause and extent of the breach. The exchange is working tirelessly to uncover the perpetrators and prevent similar incidents in the future.
Chiara
Sat Oct 12 2024
WazirX, a reputable
cryptocurrency exchange in India, recently faced a significant setback due to a cyberattack. The incident has led to the temporary suspension of trading activities on the platform.
CryptoAce
Sat Oct 12 2024
The attack resulted in the theft of approximately $230 million worth of digital assets from WazirX's holdings. This massive loss underscores the importance of robust cybersecurity measures in the cryptocurrency industry.
AmethystEcho
Fri Oct 11 2024
Alongside the investigation, WazirX is also conducting comprehensive security audits to identify and address any vulnerabilities in its systems. This proactive approach aims to safeguard the remaining funds and restore user confidence in the platform.
GangnamGlitzGlamourGlory
Fri Oct 11 2024
Recognizing the impact of the attack on its users, WazirX is prioritizing the re-enabling of withdrawals. The exchange is working towards ensuring that users can access their funds as soon as possible, minimizing the disruption caused by the cyberattack.