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WazirX controversy

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Crypto community slams WazirX’s ‘socialized losses’ plan after hack

August 3, 2024 by DIGIT

As WazirX navigates this crisis, the firm faces the challenge of rebuilding trust with its user base and the broader crypto community. Go to Source

Categories $230 million exploit, 55/45 approach, crypto community backlash, Cryptocurrency Exchange, Nischal Shetty, socialized losses, user poll, WazirX controversy, WazirX Hack


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  • bitcoinBitcoin(BTC)$108,661.002.63%
  • ethereumEthereum(ETH)$2,562.806.06%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.243.01%
  • binancecoinBNB(BNB)$659.011.60%
  • solanaSolana(SOL)$152.322.70%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • tronTRON(TRX)$0.2854011.95%
  • dogecoinDogecoin(DOGE)$0.1686296.45%
  • staked-etherLido Staked Ether(STETH)$2,562.616.06%
  • bitcoinBitcoin(BTC)$108,661.002.63%
  • ethereumEthereum(ETH)$2,562.806.06%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.243.01%
  • binancecoinBNB(BNB)$659.011.60%
  • solanaSolana(SOL)$152.322.70%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • tronTRON(TRX)$0.2854011.95%
  • dogecoinDogecoin(DOGE)$0.1686296.45%
  • staked-etherLido Staked Ether(STETH)$2,562.616.06%
© 2025 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$108,661.002.63%
  • ethereumEthereum(ETH)$2,562.806.06%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.243.01%
  • binancecoinBNB(BNB)$659.011.60%
  • solanaSolana(SOL)$152.322.70%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • tronTRON(TRX)$0.2854011.95%
  • dogecoinDogecoin(DOGE)$0.1686296.45%
  • staked-etherLido Staked Ether(STETH)$2,562.616.06%
  • bitcoinBitcoin(BTC)$108,661.002.63%
  • ethereumEthereum(ETH)$2,562.806.06%
  • tetherTether(USDT)$1.000.03%
  • rippleXRP(XRP)$2.243.01%
  • binancecoinBNB(BNB)$659.011.60%
  • solanaSolana(SOL)$152.322.70%
  • usd-coinUSDC(USDC)$1.00-0.01%
  • tronTRON(TRX)$0.2854011.95%
  • dogecoinDogecoin(DOGE)$0.1686296.45%
  • staked-etherLido Staked Ether(STETH)$2,562.616.06%