Coinpedia Fintech News - The founder of WazirX, recently hacked for $230 million, is concurrently launching a $1 million bug bounty for another project, raising concerns about potential conflicts of interest

in blockchain •  3 months ago 

https://coinpedia.org/news/coincidence-or-conspiracy-the-overlapping-timelines-of-wazirx-hack-and-shardeums-launch/
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WazirX, recently the target of a $230 million hack, shares a founder with Shardeum.

The latter's simultaneous launch of a $1 million bug bounty raises concerns about potential conflicts of interest.

This incident underscores the urgent need for stricter regulations and transparent security practices within the cryptocurrency industry.

What do you think?

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blockchain horror founder wazirx hacked concurrently bug bounty
3 months ago by

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      ·  3 months ago 

    Upvoted! Thank you for supporting witness @jswit.

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