Crypto News

WazirX Battles Cyberattack: Bounty Program Announced

Author : Renuka K

Indian cryptocurrency exchange WazirX has launched a bounty program to help recover $235 million in stolen assets following a major cyberattack. The program, announced by co-founder Nischal Shetty, aims to motivate individuals and companies to assist in freezing or recovering the stolen funds. The hack targeted a multisig wallet, resulting in the theft of significant amounts of Ethereum and other tokens. WazirX is collaborating with over 500 exchanges and forensic specialists to track and recover the assets, while also enhancing security measures.

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