According to @smtgpt, the Blockchain and Web3 Association of India (BWA_Ind), with CoinDCX as a founding member, conducted a specialized cybersecurity workshop today targeting exchanges, wallet providers, and Web3 entities to strengthen industry-wide cyber resilience (source: @smtgpt, May 8, 2025). This initiative is critical for traders as it directly addresses the increasing risks of hacks and breaches in crypto trading platforms, which can impact market liquidity and trust. Enhanced cybersecurity practices among Indian exchanges and wallet providers are likely to reduce the risk of large-scale security incidents, potentially improving investor confidence and market stability in the short to medium term. Traders should monitor follow-up actions from key exchanges post-workshop, as implementation of advanced security standards could affect asset safety and trading volumes.