CoinDCX Announces Rs. 50 Crore Investor Protection Fund Following WazirX Hack

Indian crypto exchange CoinDCX announced the launch of a crypto investor protection fund (CIPF) worth Rs. 50 crores on Wednesday, August 7. This decision from CoinDCX comes after WazirX users were left to bear losses in the aftermath of a hack that drained one of its wallets off over $230 million (roughly Rs. 1,900 crore). … Read more