WazirX Launches Proof of Reserves for Transparency After $230M Hack

Oct 22, 2024 Oct 22, 2024

Nischal Shetty outlines three parts of the system: cold wallets, third-party custody, and unswept balances.

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WazirX transferred $72.13M in crypto to Bybit, raising concerns about fund management.

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CoinSwitch launched a public dashboard to simplify analysis of WazirX’s wallet disclosures.

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CoinSwitch pursues legal action for frozen funds; WazirX hopes Proof of Reserves will restore trust.

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GET MORE INSIGHTS ON WAZIRX TODAY

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