On July 18, 2024, more than $230 million was stolen from a multi-signature wallet of the Indian cryptocurrency exchange WazirX. The multi-signature wallet was a Safe{Wallet} smart contract wallet.
JinseFinanceOn July 18, 2024, according to Beosin Alert monitoring warning, the Indian exchange WazirX was attacked, involving funds of more than US$235 million.
JinseFinanceSocial media reacts with zero-notice rug-pull accusations; CEO Nischal Shetty replies NFTs are always under self-custody.
cryptopotatoThe Indian exchange is prepared to take necessary steps to seek recourse and protect its legal rights.
BeincryptoThe laid off workers were told they would be paid for 45 days.
CoindeskED revealed that WazirX’s utility token ‘WRX’ and an Ethereum token Tether ‘USDT’ has been frozen.
OthersWazirX will start to convert Tether (USDT), Pax Dollar (USDP), and True USD (TUSD) into Binance USD (BUSD) after delisting the other stablecoins on Sept. 26.
BeincryptoIndia’s Enforcement Directorate, which investigates financial crime, has frozen WazirX bank accounts while it looks at transfers from instant loan companies to international wallets.
CointelegraphBinance denied any equity ownership in the India-based crypto exchange after the latter came under regulatory scrutiny.
CointelegraphThe Directorate of Enforcement of India alleged that WazirX "actively assisted around 16 accused fintech companies in laundering the proceeds of crime using the crypto route."
Cointelegraph