In a seismic event that has rattled the foundations of India's cryptocurrency landscape, WazirX, the nation's largest cryptocurrency exchange, suffered a devastating cyberattack that resulted in the theft of over $240 million in investor funds. This breach, unprecedented in scale and sophistication, has not only shaken confidence in digital asset security but has also underscored the urgent need for robust cybersecurity measures and a more defined legal framework for cryptocurrencies in India.
