Daily Crypto News & Musings

Latest News and Articles about Multisig Wallet

Crypto Whale Loses $27.3M in Multisig Hack: DeFi Security Flaws Laid Bare

Crypto Whale Loses $27.3M in Multisig Wallet Breach: DeFi Security Risks Exposed A staggering security failure has sent shockwaves through the crypto community as a high-net-worth individual or entity, often dubbed a “whale,” lost $27.3 million from a multisig wallet due to a private key compromise. Reported by blockchain security firm PeckShield, this breach not […]

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CoinSwitch Launches Recovery Rewards for WazirX Hack Victims Amid Skepticism

CoinSwitch Promises Recovery Through Rewards for WazirX Hack Victims In July 2024, WazirX, a prominent Indian cryptocurrency exchange, fell victim to a cyberattack, resulting in hackers stealing over $230 million in digital assets. In response, CoinSwitch, another major player in the Indian crypto market, launched the ‘CoinSwitch Cares‘ program, offering a lifeline to affected users […]

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