The crypto sector faced significant losses in July as hackers stole approximately $266 million through 16 separate breaches, with WazirX being the hardest hit.

In response to the recent $230 million WazirX hack, India’s Web3 Association is enhancing cybersecurity and consumer protection within the crypto industry.

Karak integrates Space and Time to enhance trustless rewards and security in Distributed Secure Services, backed by Coinbase and Pantera Capital.