In a significant development related to the WazirX hack, the Delhi Consumer Commission has dismissed a plea filed by 40 investors affected by the 2022 cyberattack, which resulted in the loss of over ₹7 crore. The court ruled that the issue does not fall under its jurisdiction, as the dispute involves complex financial transactions and […]
WazirX unveils a Scheme of Arrangement to recover from the $234 million cyberattack, ensuring fair asset distribution and future stability. In July 2024, WazirX, one of India’s largest cryptocurrency exchanges, faced a security breach that led to the loss of millions in digital assets. The attack, attributed to North Korean hackers, significantly impacted user funds […]
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 […]