2025-12-27 02:00:28

WazirX founder Nischal Shetty analyzed the industry-shocking hacking incident in an in-depth conversation. From the initial ideals during the exchange's establishment, through the security tests it faced, to the valuable lessons learned from the crisis—this interview touches on questions every industry practitioner should consider. How can an exchange rebuild confidence in adversity? How do founders view the balance between security measures and business development? These discussions are instructive for risk management across the entire crypto market.

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fren.eth

· 12-27 02:28

Safety and development are always at odds; no matter how nicely you phrase it, it's useless. --- Even when compromised, you can still joke and laugh; this mindset is indeed commendable. --- So, how exactly do you prevent it? Or do you have to pay tuition again? --- I've heard this kind of talk every time; next time, something will still go wrong. --- Rebuilding confidence? First, recover the hackers' money before talking. --- This interview looks like a review, but sounds like damage control. --- The real question: why do exchanges always only prioritize security last? --- What is the significance of risk management as a reference? Wake up, crypto is just gambling.

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StillBuyingTheDip

· 12-27 02:16

Really, no matter how beautifully you put it, you can't change the fact of that blood loss. Safety and growth, it's always a vicious cycle... There's no regret pill to take, only to look forward. Being able to stand up after a hacking incident is something to acknowledge. But next time? Who can guarantee? Learning from failure is the survival rule, right?

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AirdropFreedom

· 12-27 02:12

Security really can't be compromised; it seems everyone needs to be taught a lesson... Black Swan or Black Hat, anyway, if users' coins are gone, it's over. No matter how impressive the hype, it's better not to get hacked even once. Learn from failures, but the cost is users' money—how do you balance this? Exchange security measures are always "in the plan," which is truly ridiculous. Rebuilding confidence after a crisis? First, recover the stolen coins. All exchanges should take a look at this, maybe the next one will be you.

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ConfusedWhale

· 12-27 02:09

After the hacker incident, still able to talk about ideals, I admire this composure --- Basically, it's a choice between security and growth, there's no way to balance both --- Another routine "we've learned a lesson" statement, problems will still occur next time --- Rebuild confidence? First return the lost coins, then talk --- This interview is interesting, want to hear how he explains that vulnerability --- The reference significance of risk management... Yes, learn from others' failure experiences --- Exchanges are all the same, first say security is the top priority, then pursue growth, the logic is confusing --- Learning from the crisis, the question is how many exchanges have actually changed --- Hey, do you think this interview might be for whitewashing?

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AlphaBrain

· 12-27 02:03

Basically, you still need real strength to turn things around; just talking tough is useless.

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