WazirX Initiates Bounty Program for Stolen $230 Million in Crypto

Monday, 22 July 2024, 14:29

WazirX, a prominent cryptocurrency exchange in India, has unveiled a bounty program aimed at recovering a staggering $230 million in stolen digital assets. This initiative focuses on retrieving around $100 million worth of Shiba Inu (SHIB) among other cryptocurrencies. The exchange has received 80 intentions from individuals seeking to aid in recovery efforts. In conclusion, the program highlights the increasing importance of security measures in the rapidly evolving crypto landscape.
Thecryptobasic
WazirX Initiates Bounty Program for Stolen $230 Million in Crypto

WazirX Bounty Program Overview

India's leading crypto exchange, WazirX, has announced a new bounty program aimed at recovering a significant amount of stolen assets.

Funds at Stake

  • Over $230 million in stolen cryptocurrencies.
  • Approximately $100 million in Shiba Inu (SHIB).

Community Involvement

The program has successfully attracted 80 participants expressing intentions to assist in these recovery efforts.

Conclusion

This initiative by WazirX underscores the critical need for enhanced security measures to protect assets in the cryptocurrency market.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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