On August 9, 2024, cryptocurrency firm Unicoin experienced a significant cyberattack that resulted in a four-day lockout from essential Google services. The breach targeted Unicoin’s Google G-Suite account, impacting all employees with “@unicoin.com” email addresses. The attack led to unauthorized changes in passwords and severely disrupted internal operations by rendering crucial tools like Gmail and […]
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 […]