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$23mn bounty announced by WazirX to recover $234mn lost in cyber breach.
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- Additional Information
- Abstract:
Cryptocurrency network WazirX has announced a $23 million bounty to recover $234 million in digital assets lost in a cyberattack. The company is inviting white-hat hackers, blockchain forensics specialists, and cybersecurity experts from around the world to participate in the recovery effort. If successful, WazirX will reward participants with 10% of the recovered value, potentially making it one of the largest bounties in the crypto industry. The initiative will last for three months. WazirX has faced challenges due to government regulations and a strict crypto tax regime, resulting in a significant decline in trading volume. [Extracted from the article]
- Abstract:
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