Microsoft Corp. is investigating whether a leak from its early alert system for cybersecurity companies allowed Chinese hackers to exploit flaws in its SharePoint service before they were patched, according to people familiar with the matter. The technology company is looking into whether the program — designed to give cybersecurity experts a chance to fix … Read more
Unidentified notorious miscreants managed to hack the X account of the US Securities and Exchange Commission (SEC) last night, sending the global crypto community into a frenzy. Elon Musk-headed X confirmed on Wednesday, January 10 that SEC’s confirmation of BTC ETFs being approved – was indeed a ruse hatched by whoever hacked the SEC’s X … Read more
Elon Musk has previously expressed support for cryptocurrencies publicly, but the billionaire was recently impersonated by cybercriminals who hacked an Australian broadcaster in an attempt to target gullible investors. Over the last few years, Musk has shaken up the crypto market via posts on X (formerly Twitter). Now, his popularity is being used by criminals … Read more
WazirX was impacted in a data breach on Thursday, as the company lost funds worth $230 million (roughly Rs. 1,924 crore) to hackers. Over the past 24 hours, analysts and crypto industry executives have identified reasons to believe that this sophisticated breach could have been initiated by North Korean hackers, possibly linked to the infamous … Read more
The crypto sector in India is comprised of both national and international exchanges, offering hundreds of cryptocurrencies for investors, similar to trading on the stock market. This week, Mumbai-based WazirX, a widely used crypto exchange in India, fell prey to cybercriminals who managed to steal over $230 million (roughly Rs. 1,924 crore) from its reserves. … Read more
WazirX was recently breached, and the ensuing loss of funds from a wallet held by the crypto exchange has had a heavy impact on the crypto sector in India. The beleaguered crypto exchange says that it has attempted to identify and recover the stolen funds worth over $230 million (roughly Rs. 1,924 crore) in the … Read more
The recent hack of a WazirX wallet under Liminal Custody’s oversight has resulted in a loss of over $230 million, significantly impacting India’s crypto activities. In a statement to Gadgets360, Liminal denied WazirX’s allegations that the breach was due to a failure in Liminal’s screening system. Over the weekend, Liminal stated that its forensic investigation … Read more
WazirX has been trying to resume services on its platform as it continues to investigate the recent hack of one of its wallets under Liminal Custody’s oversight leading to a loss of $230 million (roughly Rs. 1,900 crore). Over the weekend, the exchange published details on a ‘socialised loss strategy’ that it has hatched to … Read more
The debate on alternate methods of storing crypto assets has heated up in India after the recent breach of a WazirX wallet that led to the theft of over $230 million (roughly Rs. 1,900 crore) of crypto assets. The compromised multi-sig wallet was placed under Liminal Custody’s supervision by WazirX, but hackers reportedly succeeded in … Read more
Indian crypto exchange CoinDCX announced the launch of a crypto investor protection fund (CIPF) worth Rs. 50 crores on Wednesday, August 7. This decision from CoinDCX comes after WazirX users were left to bear losses in the aftermath of a hack that drained one of its wallets off over $230 million (roughly Rs. 1,900 crore). … Read more