Token sale detail of #WazirX on #Binance_Lauchpad.
Instead of using BNB on the recently acquired exchange Binance will launch another dedicated token for WazirX exchange.
In order to participate in the sale users are required to hold 50+ BNB during 30 days period starting form Jan 4.
Token sale details:
Total token supply: 1B WRX
Total % for sale: 15%
Private sale allocation: 5%
IEO allocation: 10%
Total hardcap: $2.9M USD
Private sale price: $0.018 USD
IEO price: $0.02 USD
IEO allocation: $2M USD
Allocation Per Winning Ticket: $200 USD
Initial Circulating Supply: $3.7M USD
This will be the token offering with the lowest fundraising goal and the lowest initial circulating supply among all other IEOs on Binance.
Do you plan to participate in WazirX token sale on Binance Launchpad?
Instead of using BNB on the recently acquired exchange Binance will launch another dedicated token for WazirX exchange.
In order to participate in the sale users are required to hold 50+ BNB during 30 days period starting form Jan 4.
Token sale details:
Total token supply: 1B WRX
Total % for sale: 15%
Private sale allocation: 5%
IEO allocation: 10%
Total hardcap: $2.9M USD
Private sale price: $0.018 USD
IEO price: $0.02 USD
IEO allocation: $2M USD
Allocation Per Winning Ticket: $200 USD
Initial Circulating Supply: $3.7M USD
This will be the token offering with the lowest fundraising goal and the lowest initial circulating supply among all other IEOs on Binance.
Do you plan to participate in WazirX token sale on Binance Launchpad?
Dear My Lovely #CryptoPatel Families.
I want to suggest if you have any Talent then you can Apply
#WazirX Is Hiring for the following roles:-
👇👇👇
https://www.careers.wazirx.com
If anyone will selected then i will Very happy.
Good Luck 😉
I want to suggest if you have any Talent then you can Apply
#WazirX Is Hiring for the following roles:-
👇👇👇
https://www.careers.wazirx.com
If anyone will selected then i will Very happy.
Good Luck 😉
🚨 WazirX Hack Alert 🚨
A hacker stole $102.1 million worth of #SHIBAINU from WazirX today and has already sold it all.
#WazirX was holding $503 million in crypto, according to their latest Proof of Reserve report.
The hack, now valued at $230 million (Almost 50% ), could cause serious issues for the exchange if the funds aren’t recovered.
A hacker stole $102.1 million worth of #SHIBAINU from WazirX today and has already sold it all.
#WazirX was holding $503 million in crypto, according to their latest Proof of Reserve report.
The hack, now valued at $230 million (Almost 50% ), could cause serious issues for the exchange if the funds aren’t recovered.
🚨 Attention WazirX Users 🚨
If you are a #WazirX user, there's nothing you can do at the moment. Unfortunately, this is the reality.
Just hope that negotiations with the hacker start soon and the funds are returned to WazirX.
My main question to #WazirXIndia -
Were the hacked funds and all other funds on the exchange insured?
If you are a #WazirX user, there's nothing you can do at the moment. Unfortunately, this is the reality.
Just hope that negotiations with the hacker start soon and the funds are returned to WazirX.
My main question to #WazirXIndia -
Were the hacked funds and all other funds on the exchange insured?
#WazirX Controversies:
1⃣ Security Incident (July 2024): WazirX lost around $230 million due to a hack.
2⃣ #FEMA Act Violation (June 2021): The ED issued a notice for transactions worth INR 2,790.74 crore.
3⃣ Money Laundering Claims: Accusations of facilitating money transfers abroad by Chinese-backed companies.
4⃣ ED Investigation (August 2022): The ED searched a director's property and froze INR 64.6 crore in accounts.
5⃣ Ownership Clarification: Binance CEO clarified that Binance does not own WazirX or have equity in Zanami Lab.
1⃣ Security Incident (July 2024): WazirX lost around $230 million due to a hack.
2⃣ #FEMA Act Violation (June 2021): The ED issued a notice for transactions worth INR 2,790.74 crore.
3⃣ Money Laundering Claims: Accusations of facilitating money transfers abroad by Chinese-backed companies.
4⃣ ED Investigation (August 2022): The ED searched a director's property and froze INR 64.6 crore in accounts.
5⃣ Ownership Clarification: Binance CEO clarified that Binance does not own WazirX or have equity in Zanami Lab.
Crypto Patel
#WazirX Controversies: 1⃣ Security Incident (July 2024): WazirX lost around $230 million due to a hack. 2⃣ #FEMA Act Violation (June 2021): The ED issued a notice for transactions worth INR 2,790.74 crore. 3⃣ Money Laundering Claims: Accusations of facilitating…
🚨 WazirX Under Fire After $230 Million Hack 🚨
@WazirXIndia crypto exchange in India, is in trouble after a major security breach.
Here's what happened:
🔰 Recovery Plan:
1⃣ #WazirX introduced a "55/45" plan.
2⃣ Users can access 55% of their assets and trade them, while the other 45% will be converted to $USDT and locked, even for users whose assets weren't stolen.
🔰 Security Breach:
1⃣ A security issue caused the loss of 45% of WazirX's assets, worth $230 million.
2⃣ Withdrawals and trading were stopped after the hack.
🔰 Next Steps:
1⃣ CEO Nischal Shetty is talking to major global exchanges for support and may sell the platform.
🔰 Community Reaction:
1⃣ The recovery plan upset many users, who shared their concerns in a week-long poll.
2⃣ WazirX is rethinking its strategy due to the backlash.
🔰 Key Point:
This situation shows the risks of using centralized exchanges (CEX) and the importance of securing your assets.
🔑 NOT YOUR KEYS, NOT YOUR CRYPTOS
Stay informed and protect your assets.
@WazirXIndia crypto exchange in India, is in trouble after a major security breach.
Here's what happened:
🔰 Recovery Plan:
1⃣ #WazirX introduced a "55/45" plan.
2⃣ Users can access 55% of their assets and trade them, while the other 45% will be converted to $USDT and locked, even for users whose assets weren't stolen.
🔰 Security Breach:
1⃣ A security issue caused the loss of 45% of WazirX's assets, worth $230 million.
2⃣ Withdrawals and trading were stopped after the hack.
🔰 Next Steps:
1⃣ CEO Nischal Shetty is talking to major global exchanges for support and may sell the platform.
🔰 Community Reaction:
1⃣ The recovery plan upset many users, who shared their concerns in a week-long poll.
2⃣ WazirX is rethinking its strategy due to the backlash.
🔰 Key Point:
This situation shows the risks of using centralized exchanges (CEX) and the importance of securing your assets.
🔑 NOT YOUR KEYS, NOT YOUR CRYPTOS
Stay informed and protect your assets.
#WazirXHack – Something Doesn't Add Up
#WazirX has said that 45% of user funds were stolen in the hack, and 55% are safe. But here's where it gets confusing:
Affidavit Details:
➡️ Total User Balance (18th July): $570 Million
➡️ Total Crypto Stolen: $234 Million
When you do the math, that’s 41% of funds stolen, which means 59% should still be safe. But WazirX claims only 55% are safe. 🤔
What’s going on here? Can the @WazirXIndia & @NischalShetty team explain this?
Also, the first blog post said 42% of assets were affected, but that number was later changed to 45%. 🧐
#WazirX has said that 45% of user funds were stolen in the hack, and 55% are safe. But here's where it gets confusing:
Affidavit Details:
➡️ Total User Balance (18th July): $570 Million
➡️ Total Crypto Stolen: $234 Million
When you do the math, that’s 41% of funds stolen, which means 59% should still be safe. But WazirX claims only 55% are safe. 🤔
What’s going on here? Can the @WazirXIndia & @NischalShetty team explain this?
Also, the first blog post said 42% of assets were affected, but that number was later changed to 45%. 🧐
Crypto Patel
🚨 BITCOIN Urgent Update 🚨 BTC/USDT is bearish, currently trading around $62,500. I shorted from $69,700, and I hope you did too when I mentioned the short position. The price strongly rejected from the Bearish Order Block at $70,000 level. Key Points: ▪️…
WazirX Delays Court with Top Lawyers, Using Users' Funds to Cover Costs
#WazirX is spending big on top lawyers to delay court proceedings, using extensive data to drag out the process. All of this is funded by users' money, which they are unlawfully holding instead of returning unhacked funds.
They're making a mockery of Singapore law. Only 5% of funds are hidden in over 1100 pages of wallets, not 55%
#WazirX is spending big on top lawyers to delay court proceedings, using extensive data to drag out the process. All of this is funded by users' money, which they are unlawfully holding instead of returning unhacked funds.
They're making a mockery of Singapore law. Only 5% of funds are hidden in over 1100 pages of wallets, not 55%
🚨 BIG NEWS: The Delhi High Court has asked ED and FIU 🇮🇳 to investigate the ₹2000 crore hack on #WazirX
This is a big moment for the Indian crypto community! Authorities are finally looking into something other than taxes—time to find the truth.
There are rumors that the hack might be an insider job, and WazirX users can now go to civil court to get their funds back.
Let’s see what happens next.
This is a big moment for the Indian crypto community! Authorities are finally looking into something other than taxes—time to find the truth.
There are rumors that the hack might be an insider job, and WazirX users can now go to civil court to get their funds back.
Let’s see what happens next.