{"id":37983,"date":"2024-09-18T07:00:11","date_gmt":"2024-09-18T07:00:11","guid":{"rendered":"https:\/\/crowdfundjunction.com\/blog\/binance-addresses-wazirx-accusations-over-july-cyberattack\/"},"modified":"2024-09-18T07:00:11","modified_gmt":"2024-09-18T07:00:11","slug":"binance-addresses-wazirx-accusations-over-july-cyberattack","status":"publish","type":"post","link":"https:\/\/crowdfundjunction.com\/blog\/binance-addresses-wazirx-accusations-over-july-cyberattack\/","title":{"rendered":"Binance Addresses Wazirx Accusations Over July Cyberattack"},"content":{"rendered":"<p><b>(Originally posted on : Crypto News &#8211; iGaming.org )<\/b><br \/>\n<\/p>\n<div>\n<p>Binance, a leading cryptocurrency exchange, has responded to accusations from Wazirx and Zettai regarding the loss of user funds during the July cyberattack. Binance firmly stated that Wazirx\u2019s management under Zanmai and Zettai is responsible for the lost assets, not Binance. In response to claims made by Wazirx co-founder Nischal Shetty, Binance reiterated, <em>\u201cBinance bears no responsibility for the consequences of the alleged hack.\u201d<\/em><\/p>\n<h2><strong>Binance Calls for Accountability<\/strong><\/h2>\n<p>Binance rejected accusations from Wazirx that it mishandled the situation, emphasizing the importance of platforms protecting user funds. The exchange highlighted Wazirx\u2019s responsibility to compensate affected users. In a statement, Binance said, <em>\u201cThe security and protection of user funds is a fundamental responsibility of any cryptocurrency platform. We urge the Wazirx team under Zanmai\/Zettai to be accountable to Wazirx users.\u201d<\/em><\/p>\n<p>Binance further explained that Wazirx had sufficient time to move user funds from Binance\u2019s wallets prior to the attack. They clarified, <em>\u201cBinance gave fair notice that Wazirx user funds should be removed from Binance\u2019s wallets long before the attack occurred.\u201d<\/em><\/p>\n<\/p><\/div>\n<p><a href=\"https:\/\/igaming.org\/crypto\/binance-addresses-wazirx-accusations-over-july-cyberattack\/\">Source link <\/a><br \/>\n<br \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>(Originally posted on : Crypto News &#8211; iGaming.org ) Binance, a leading cryptocurrency exchange, has responded to accusations from Wazirx and Zettai regarding the loss of user funds during the July cyberattack. Binance firmly stated that Wazirx\u2019s management under Zanmai and Zettai is responsible for the lost assets, not Binance. In response to claims made [&hellip;]<\/p>\n","protected":false},"author":34,"featured_media":37984,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0},"categories":[34],"tags":[],"_links":{"self":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37983"}],"collection":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/users\/34"}],"replies":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/comments?post=37983"}],"version-history":[{"count":0,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/posts\/37983\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media\/37984"}],"wp:attachment":[{"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/media?parent=37983"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/categories?post=37983"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/crowdfundjunction.com\/blog\/wp-json\/wp\/v2\/tags?post=37983"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}