Binance denies blame in $230M WazirX hack, urges user repayments
Binance urged the WazirX team to take accountability for the hack, and compensate users for the loss of funds.
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Binance urged the WazirX team to take accountability for the hack, and compensate users for the loss of funds.
Binance sets the record straight, distancing itself from WazirX's unfolding saga post-hack.
Binance has denied responsibility for the WazirX cyber-attack, stating it never controlled the platform or the compromised wallet.
WazirX, which was hacked on the 18th of July leading to the loss of $235 million belonging to users, affected a multi sig wallet used by WazirX and its custodian, Liminal.
Indian cryptocurrency exchange Wazirx has warned users that they may have to wait until the dispute with Binance is resolved if the moratorium, filed in Singapore, is not granted. Wazirx explained that Zettai holds the cryptocurrency tokens under protest. “If Binance is deemed the owner, it becomes liable for users' account balances.
The WazirX exploiter has laundered over $64 million via Tornado Cash, as allegations of insider involvement have surfaced. According to PeckShieldAlert, on Sep. 13 the WazirX hacker moved 5,000 ETH, roughly $11.
Crypto exchange WazirX, one of the most famous among Indian crypto exchanges, has reported crucial data on the current restructuring process via an email to its users. The email sheds light on the further action the team will be taking for the restructuring process.
Recently, WazirX suffered a major breach, resulting in the loss of $230 million in ETH tokens. Users are now raising suspicions of an inside job.
Inside job theories heat up as WazirX users expose troubling anomalies with July's $230M hack.
The WazirX hacker recently moved 5,000 ETH, worth around $11.7 million. The hacker's wallet currently holds $95 million in crypto.
The Shiba Inu price has risen by 1% in the past 24 hours, climbing to $0.00001336 after the WazirX hacker moved $23.3m in Ethereum this week.
The WazirX hacker has so far transferred about $23m in cryptocurrencies to Tornado Cash after the July breach that saw $234m stolen from the exchange.
The hacker responsible for the massive WazirX breach has resurfaced, moving 10,000 ETH through privacy protocols.
WazirX Hacker has once again come into the spotlight by moving a significant amount of Ethereum, totaling 10,000 ETH, valued at approximately $23.3 million. This latest activity occurred over a 24-hour period and involved transferring half of these funds to Tornado Cash.
Inside stories from WazirX's victims reveal the real human toll of the hack, while experts question whether the exchange's recovery efforts will be enough to restore trust. The beginning of the crisis On Jul.
The North Korean entity behind the WazirX breach transferred 10,000 stolen ETH to Tornado Cash in 24 hours to obscure the trail.
The Ethereum Foundation, a key organization designed to support the Ethereum network, has been active in offloading its Ether holdings. Recent data from Spotonchain revealed that the foundation resumed Ether sales this week, trading 450 ETH for $1.09 DAI on Monday.
The hacker group behind India's WazirX exploit is not stopping to launder stolen Ether (ETH) while investors hope to receive their funds back. In their latest move, the hacker moved 10,000 ETH (worth approximately $23 million) in the last 24 hours.
On September 9, an independent audit conducted by Grant Thornton found that the $230 million hack of the WazirX exchange in July 2024 did not originate from Liminal Custody's infrastructure.
Leading global auditor Grant Thornton has confirmed the security of Liminal's infrastructure following a comprehensive review conducted in response to WazirX's July 18 hack. The hack, which targeted WazirX's systems, prompted Liminal to launch an internal investigation and engage independent auditors to assess potential vulnerabilities within its own platform.
Grant Thornton's audit concludes Liminal Custody's infrastructure was not compromised in the WazirX breach.
Grant Thornton's review of Liminal's infrastructure revealed no signs of any security breach within its frontend or backend systems, according to Liminal. Following a breach at Wazirx that resulted in the theft of over $230 million, internal and third-party investigations at Liminal identified a data discrepancy, though no security vulnerability was uncovered.
An independent audit by Grant Thornton found no evidence that Liminal Custody's infrastructure was involved in the $230 million WazirX hack.
WazirX Hacker involved in a substantial breach of the WazirX cryptocurrency exchange in July, has moved 5000 ETH, valued at over $11 million, through Tornado Cash. This action has reignited concerns over the security measures of digital asset platforms and the methods used by crypto hackers.