red 
India, July 21, 2024— In response to a recent cyber attack that resulted in a significant theft, WazirX is announcing the launch of a comprehensive bounty program to recover stolen funds. The cyberattack that took place on July 18, 2024 resulted in a staggering $230 million+ being stolen WazirX multisig Ethereum Wallet 0x27fD43BABfbe83a81d14665b1a6fB8030A60C9b4.
Program details:
- Track and freeze BountyParticipants are invited to follow up and provide actionable intelligence that leads to the freezing of stolen funds. Rewards of up to $10,000 USD will be offered for successful leads that facilitate the freezing of the stolen money. Partnering with WazirX is essential if participants are unable to freeze funds themselves.
- White Hat Recovery BountyEthical hackers and experts are encouraged to assist in the recovery process. WazirX offers a reward equivalent to 10% of the recovered amount subject to successful recovery and verification. This could potentially amount to $23 million, making it one of the largest bounties ever offered in the crypto industry. This offer also extends to WazirX hackers in exchange for a refund to the specified ERC20 wallet address: 0xf381d876ce4807d1e752cf9dcdba695f312611bf.
A global call to action.
WazirX invites white hat hackers, blockchain forensics experts and cyber security professionals from around the world to join this important mission. This joint effort provides a unique opportunity to showcase skills on a global stage while contributing to the security and integrity of the crypto ecosystem.
How to participate:
- Registration:Interested persons should email [email protected] with an intention to participate along with their contact details.
- PresentationDetailed submissions must include addresses, transactions and methods used for tracking and recovery.
Term and Jurisdiction.
The bounty program will run for three months from the date of this announcement, with the possibility of extension or reduction depending on the progress of recovery.
Read detailed information and terms here: https://wazirx.com/blog/wazirx-bounty-program/
“Our primary goal is to restore the stolen funds. This award program is designed to leverage the community’s expertise to achieve this important goal. We remain committed to transparency and collaboration, reinforcing our commitment to a secure and resilient digital financial ecosystem,” said Nishal Shetty, Founder, WazirX.
About WazirX.
WazirX is one of India’s leading crypto exchanges with over 16 million users. The platform offers a safe and user-friendly way to buy, sell and trade cryptocurrencies including Bitcoin, Ethereum, Ripple and many more. WazirX is committed to providing its users with the best possible trading experience with a focus on security, ease of use and customer support.
For more details, please contact: [email protected]
Disclaimer: Cryptocurrency is not legal tender and is currently unregulated. Please ensure that you carry out a sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information presented in this section does not represent any investment advice or the official position of WazirX. WazirX reserves the right, at its sole discretion, to modify or amend this blog post at any time and for any reason without prior notice.
