Hacking of India's WazirX exchange spooks cryptans

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The other day an Indian exchange was hacked and about $235,000,000 worth of crypto was withdrawn. Of this amount, more than $60,000,000 has already been poured into the market, and the rest is not yet clear where it will go.

In general, the amount is very small for the market and is likely to be painless for the market. This case confirms that you should choose a centralized exchange for your transactions very carefully. After all, the victim of this hack was not the exchange, but its clients.