How To Truly Safeguard Your Crypto
Picture this: You wake up, reach for your phone, and open your crypto exchange app. You see that withdrawals have been suspended. Your funds, once just a swipe away, are now locked in a digital vault that won’t open.
For millions of Indian crypto investors, this hypothetical turned horrifyingly real in July 2024. WazirX, one of the country’s largest platforms, was hit by a staggering breach. Nearly $235 million (approx Rs 2,000 crore) vanished in the blink of a blockchain block. Around 15 million users were affected. Overnight, nearly half the exchange’s reserves were gone. And just like that, trading froze. Wallets became walls.
This chilling episode underscores one of crypto’s most…