sekar nallalu Cryptocurrency WazirX Halts Trading, Announces $23 Million Bounty After $234 Million Hack

WazirX Halts Trading, Announces $23 Million Bounty After $234 Million Hack

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WazirX Bounty Program StructureAccording to WazirX Blog WazirX’s bounty program includes two key initiatives. The Track and Freeze Bounty offers up to $10,000 USDT for actionable intelligence that leads to the freezing of the stolen funds. Participants must collaborate with WazirX if they are unable to freeze the assets themselves. The bounty program will last three months from the announcement date.The White Hat Recovery Bounty offers a 10% reward to ethical hackers and professionals who help recover stolen assets. The program will be active for three months, with potential adjustments depending on recovery progress. WazirX’s Founder, Nischal Shetty, highlighted the aim of utilizing community expertise to recover the funds and strengthen the security of the digital finance ecosystem.

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