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WazirX announces plans to launch DEX amid fallout from record crypto theft – TON BOT

WazirX announces plans to launch DEX amid fallout from record crypto theft

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WazirX plans to launch a decentralized exchange (DEX) to enhance user security after a major breach in July. The DEX will offer users control over their assets and feature its own token. The breach, attributed to the Lazarus Group, led to frozen account balances and backlash from users. Efforts to recover stolen funds have been challenging amid a dispute with former custody partner Liminal. The move towards decentralization aims to rebuild trust in the exchange and may signal a broader trend in the industry.

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