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 #blockchain11 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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