Indian cryptocurrency exchange WazirX is reeling after a massive hack that saw over $230 million in cryptocurrencies vanish. Now, adding fuel to the fire, a clause buried deep within WazirX’s user agreement needs to be addressed. In the WazirX policy agreement our Team has found that affected users face a mandatory 60-day waiting period before
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Today, enjoy the Empire newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the Empire newsletter . Gox Watch Mt. Gox has for years made for a great bogeyman. The whole saga poses a question: What would you do with a small fortune in long-lost bitcoin, almost all of it
WazirX has filed a police complaint and engaged with the Indian Computer Emergency Response Team. The company also said it was “collaborating with forensic experts and law enforcement agencies to identify and apprehend the perpetrators.” Crypto exchange WazirX has filed a police complaint after it suffered a $230 million hack on Thursday. The firm has
The planned fee for Grayscale Investments’ spot ether ETF was initially on the higher end when compared to competitors. Then, the firm cut it by 40% — undercutting its peers — as a race for assets is set to begin in the coming days. The intended sponsor fee for the Grayscale Ethereum Mini Trust (ETH)
This article originally appeared in First Mover , CoinDesk’s daily newsletter, putting the latest moves in crypto markets in context. Subscribe to get it in your inbox every day . Latest Prices (CoinDesk) Top Stories Bitcoin traded either side of $64,000 following a retreat from $65,000 on Thursday. The increasing likelihood of Joe Biden withdrawing
Galaxy Digital, the publicly traded crypto firm led by Michael Novogratz, has acquired substantially all the assets of blockchain node operator CryptoManufaktur LLC, in a deal that will increase the company’s Ethereum assets under stake by about 43%. The agreement with CryptoManufaktur, known as CMF, was announced in a press release provided exclusively to CoinDesk.
Today, enjoy the On the Margin newsletter on Blockworks.co. Tomorrow, get the news delivered directly to your inbox. Subscribe to the On the Margin newsletter . Welcome to the On the Margin Newsletter, brought to you by Ben Strack, Casey Wagner and Felix Jauvin. Here’s what you’ll find in today’s edition: Investors are rotating into
Bettors are optimistic that the CrowdStrike outage will be resolved by Friday. It’s also unlikely, according to a Polymarket contract, that the outage was caused by a hack A major global IT outage caused by an update from security software provider CrowdStrike will very likely be resolved by Friday night U.S. eastern time, if not
WazirX, a Mumbai-based cryptocurrency exchange, has confirmed a significant security breach resulting in the theft of over $235 million from one of its multisig wallets. The incident, which occurred early Thursday morning, has led to an immediate halt in Indian rupee withdrawals as the company investigates. Crypto withdrawals were already suspended at the time of