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Indian Crypto Exchange WazirX Hacked, $234.9M Stolen

Indian cryptocurrency exchange WazirX has reportedly been hacked, resulting in the loss of over $230 million.
By: DeepNewz • July 18, 2024
Indian Crypto Exchange WazirX Hacked, $234.9M Stolen

Indian cryptocurrency exchange WazirX has reportedly been hacked, resulting in the loss of over $230 million (₹17,250 crore).

The breach involved the compromise of WazirX's Safe Multisig wallet on the Ethereum network. The attacker has moved approximately $234.9 million to a new address, with each transaction funded by Tornado Cash.

Assets stolen include 5.43 trillion SHIB ($102 million), 15,298 ETH ($52.5 million), 20.5 million MATIC ($11.24 million), 640.27 billion PEPE ($7.6 million), 5.79 million USDT, 135 million GALA ($3.5 million), and $4.7 million in FLOKI.

The hacker is reportedly selling these assets. WazirX has confirmed the breach, and on-chain security firm Cyvers detected multiple suspicious transactions.

This is an AI-generated article powered by DeepNewz, curated by The Defiant. For more information, including article sources, visit DeepNewz.

Our articles are stored on Filecoin.

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