Tag: #Blockchain
The blockchain revolution in cybersecurity is reshaping how organizations protect digital assets and sensitive information. According to a recent report, the global blockchain market in cybersecurity is projected to grow at an impressive CAGR of 36.5%, reaching $12.97 billion by 2030, reflecting its increasing adoption across industries. This transformative technology is gaining traction for its […]
The CEO of Indian crypto exchange Coindcx has strongly criticized Wazirx’s cyberattack response after the platform recently suffered a massive $230 million breach. Sumit Gupta, CEO of Coindcx, voiced his concerns on social media platform X, condemning Wazirx’s decision to pass 45% of the losses onto its customers. “Making customers directly absorb the 45% losses […]
WazirX, a leading cryptocurrency exchange, has approached its former partner Binance for assistance following a devastating $230-million cyberattack. Industry sources reveal that Binance holds significant control over WazirX’s revenue and WRX tokens, which has complicated WazirX’s ability to reimburse affected customers. As of July 18, the date of the hack, Binance held WRX tokens worth […]