India, July 21, 2024—In response to the recent cyber attack that resulted in a substantial theft, WazirX announces the launch of a comprehensive bounty program to recover the stolen funds. The cyber attack, which occurred on July 18, 2024, resulted in a staggering $230 million+ being stolen from the WazirX multisig Ethereum Wallet 0x27fD43BABfbe83a81d14665b1a6fB8030A60C9b4
Program Details:
- Track and Freeze Bounty: Participants are invited to track and provide actionable intelligence that leads to the freezing of the stolen funds. For successful intelligence that facilitates freezing of the stolen amount, rewards of up to $10,000 worth of USDT will be disbursed. Collaboration with WazirX is essential if participants cannot freeze the funds themselves.
- White Hat Recovery Bounty: Ethical 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 extends to the WazirX hacker as well, in exchange for the return of the funds to the specified ERC20 wallet address: 0xf381d876ce4807d1e752cf9dcdba695f312611bf
Global Call to Action:
WazirX invites white hat hackers, blockchain forensics experts, and cybersecurity professionals from around the world to join this critical mission. This collaborative effort presents 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 individuals should email [email protected] with their intent to participate along with their contact details.
- Submission: Detailed submissions must include addresses, transactions, and methodologies used for tracking and recovery.
Timeframe and Eligibility:
The bounty program will be active for three months from the date of this announcement, with the possibility of an extension or reduction of the timeframe depending on recovery progress.
Read detailed information and T&C here: https://wazirx.com/blog/wazirx-bounty-program/
“Our foremost goal is to recover the stolen funds. This bounty program is designed to tap into the expertise of the community to achieve this critical objective. We remain committed to transparency and collaboration, reinforcing our dedication to a secure and resilient digital finance ecosystem”, said Nischal Shetty, Founder – WazirX.
About WazirX:
WazirX is one of India’s leading crypto exchanges, with over 16 million users. The platform offers a secure 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 a legal tender and is currently unregulated. Kindly ensure that you undertake sufficient risk assessment when trading cryptocurrencies as they are often subject to high price volatility. The information provided in this section doesn't represent any investment advice or WazirX's official position. WazirX reserves the right in its sole discretion to amend or change this blog post at any time and for any reasons without prior notice.
