May 9, 2025

WazirX To Dump the Plan Of Socializing Losses Following Heavy Backlash

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The post WazirX To Dump the Plan Of Socializing Losses Following Heavy Backlash appeared first on Coinpedia Fintech News On July 19th, WazirX experienced a significant security breach, resulting in the loss of over $230 million worth of cryptocurrency assets. WazirX To Distribute Losses Among Customers WazirX announced on Saturday a controversial solution of distributing the loss among all customers. In a blog post last week, WazirX said that it is navigating the situation …

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