Wazirx Recovers Rollbacks User Transactions Post-Hack

IconCryptoNewsTerminal Staff15 Aug, 2024

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Wazirx Recovers Rollbacks User Transactions Post-Hack

Wazirx, the Indian cryptocurrency exchange that recently lost $230 million in customer crypto assets, has announced that it has "completed the system audit and recovered (rolled back) all user transactions carried out on the platform after July 18, 2022." The exchange, which had earlier announced on the 8th that the recovery of user asset balances had been completed, made the latest announcement via its official Twitter handle. This is a significant development for Wazirx and its users, as it means that any unauthorized transactions that may have occurred after the hack have been reversed. The exchange has also assured users that their funds are safe and that they are working to further strengthen their security measures.