WazirX, founded in 2018, has quickly risen to become India’s number one cryptocurrency platform. Known for its user-friendly interface and a wide range of services, WazirX has played a significant role in popularizing cryptocurrency trading in India. However, the company recently faced a major challenge that put its resilience to the test.

WazirX Cyber Attack

In a shocking development, WazirX became the victim of a cyberattack, leading to significant financial losses. Over nine months after the attack, reports revealed that approximately $230 million had vanished from the company’s wallet. This breach not only shook the confidence of its users but also highlighted the vulnerabilities associated with cryptocurrency.

The incident prompted WazirX's parent company, Zettai, to take swift action. On December 6, Zettai filed an application in a Singapore court to address the issue and ensure the company’s recovery. Thanks to these measures, the situation has improved significantly, and WazirX is now on track for a full relaunch by April 2025.

WazirX Commitment 

Despite the setback, WazirX remains committed to strengthening its security protocols and regaining the trust of its users. The company’s proactive response to the cyberattack underscores its dedication to maintaining transparency and safeguarding user assets.

As cryptocurrency continues to gain traction globally, WazirX’s recovery and comeback will be closely watched. The incident serves as a reminder of the importance of robust cybersecurity measures in the rapidly evolving world of digital finance. With its planned relaunch, WazirX aims to reclaim its position as India’s leading cryptocurrency platform.

Author Opinion 

WazirX company was started in 2018. Today, this company has become the number one cryptocurrency management company in the country. Recently, big news related to the company came out. The company recently became a victim of cyber attack. But once again everything will be fine by the middle of April 2025 and this is great news.