India biggest crypto exchange wazirX has been hacked and swipe out half of it equity
Yes you heard it right wazirX india biggest cryptocruncvy is been hacked
Indian cryptocurrency exchange WazirX claimed that it was “taking all necessary steps to protect the customer assets,” after a cyber-attack against one of its wallets resulted in the loss of more than $230 million.
“We’re aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident. To ensure the safety of your assets, INR and crypto withdrawals will be temporarily paused. Thank you for your patience and understanding. We’ll keep you posted with further updates,” WazirX said in a post on X.
What makes the amount of missing assets significant for WazirX is that the company reported holdings of about $500 million in its June proof-of-reserves disclosure. This means that WazirX has lost almost half its reserves. According to Cyvers estimate, the amount lost from the multiple-signature wallet on WazirX would be one of the biggest crypto thefts in recent years
Update:
#WazirX has ~$230M in assets stolen. Including:
5.43T $SHIB($102M)
15,298 $ETH($52.5M)
20.5M $MATIC($11.24M)
640.27B $PEPE($7.6M)
5.79M $USDT
135M $GALA($3.5M)
Share this content:
Post Comment