Tag: #WazirXHack
In July 2025, CoinDCX suffered a targeted cyberattack that led to a loss of $44 million. The attackers breached a backend server tied to the company’s internal liquidity provisioning system—an infrastructure used to manage token swaps, ensure trading liquidity, and facilitate order book stability. This wasn’t a wallet or front-end login breach. Instead, the hackers […]
WazirX revote approved. The Singapore High Court has cleared the stalled debt-resolution plan, giving the crypto exchange another shot at recovery. A new vote is coming. If creditors back the revised proposal, users may finally regain access to their funds. Operations could resume within weeks, led by India-based Zanmai Labs, now tasked with managing payouts. […]
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 […]