Indian Crypto Exchange WazirX Raises White Hat Hacker Reward to $23 Million

India-based crypto exchange WazirX is offering a $23 million reward to recover $230 million stolen during a recent hack. 

The reward, which represents 10% of the stolen amount, is available to white hat hackers, blockchain forensics experts, and cybersecurity professionals. The program, expected to last three months, may be extended. Rewards will be paid in USDT or recovered funds, contingent on the successful return of the stolen assets. 

The theft included $52.5 million in Ethereum, $102 million in Shiba Inu, and other significant amounts in various cryptocurrencies. Blockchain firm Lookonchain reported that the stolen funds are being rapidly sold off.

Clever Robot News Desk 24th July 2024

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