The post WazirX Launches Bounty Program To Recover Stolen Assets Amounting $234M appeared first on Coinpedia Fintech News
WazirX has announced the launch of a bounty program to freeze and recover stolen assets. The exchange is reaching out to over 500 exchanges to block the identified addresses associated with the stolen funds. The team is also in discussions with several expert groups that specialize in tracking cryptocurrency transactions. It is currently analyzing data to understand the extent of the damage caused by the attack. WazirX expressed gratitude for the support from the broader Web3 ecosystem and has stressed the need for a collective effort to resolve the issue and maintain the ethos of Web3 communities.