Tag: #CryptoSecurity
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 […]
In a move that has sent ripples through the global cybersecurity and cryptocurrency landscapes, the Lazarus Group—North Korea’s state-backed cybercrime unit—now holds more Bitcoin than Elon Musk’s Tesla. The revelation, backed by data from blockchain analytics firm Arkham Intelligence, underscores an uncomfortable truth: the world’s most notorious hackers are amassing more digital wealth than some […]
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 […]