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WazirX $230M Crypto Hack Shakes India's Crypto Scene: “Horrifying Situation”
A recent security breach at WazirX, resulting in a staggering $230 million loss, has sent shockwaves through India's cryptocurrency ecosystem. This incident has led to intense scrutiny of current security practices and crucial discussions about safeguarding digital assets in an increasingly risky environment. Users are concerned about the ease with which fraudsters can manipulate exchanges. Dissecting the Hack The incident ranks among the major hacks in the history of crypto exchanges and has left the crypto community pondering how easily fraudsters can manipulate crypto exchanges. One X user named Chandrashekhar ... (full story)