Tether USDt

Ethereum

Polygon

Shiba Inu

Gala

Over $230 million worth of assets have been illicitly transferred from WazirX&#39;s wallet to the wallet &#34;0x04b2.&#34; This significant breach has led to widespread concern within the cryptocurrency community.The stolen assets encompass a wide range of cryptocurrencies, some of the most notable being SHIB, <a href="https://blockchainreporter.net/price-prediction/ethereum-price-prediction/" rel="noopener noreferrer nofollow">ETH</a>, MATIC, PEPE, USDT, and GALA. Specifically, 5.43 trillion SHIB tokens valued at approximately $102 million, 15,298 Ethereum (ETH) coins worth $52.5 million, 20.5 million MATIC tokens totalling $11.24 million, 640.27 billion <a href="https://blockchainreporter.net/pepe-price-prediction-a-new-meme-coin-to-watch/" rel="noopener noreferrer nofollow">PEPE</a> tokens amounting to $7.6 million, 5.79 million USDT valued at $5.79 million, and 135 million GALA tokens worth $3.5 million have been <a href="https://x.com/lookonchain/status/1813854735340126239" rel="noopener noreferrer nofollow">reported </a>stolen.These assets represent a significant portion of the funds held by WazirX, one of India&#39;s largest cryptocurrency exchanges.<h2 id="header-0">Hacker&#39;s Activities</h2>The wallet &#34;0x04b2,&#34; which received the stolen assets, has been actively dumping these tokens on the market. This has raised concerns about potential market impacts and the devaluation of the affected cryptocurrencies. The hacker has already dumped 640.27 billion PEPE tokens, worth $7.6 million, causing a notable disturbance in the PEPE market.This incident marks one of the largest thefts in WazirX&#39;s history, highlighting significant security vulnerabilities. The exchange is expected to take immediate action to mitigate the damage and enhance its security protocols to prevent future breaches. The theft&#39;s impact is profound, affecting not only WazirX&#39;s financial stability but also its reputation and trust within the cryptocurrency community.The hacker&#39;s ongoing sale of stolen assets is likely to cause further volatility in the cryptocurrency market. Dumping large quantities of tokens such as SHIB, PEPE, and others can lead to significant price drops, affecting investors and traders. The community is cl

$230M in Assets Stolen from WazirX Wallet

Tabla de contenidos

BlockchainReporter

Otros artículos publicados el 18 jul 2024

Bitcoin mining profitability is at historic lows despite high trading values

Dogecoin Hits 90 Million Wallet Addresses

MoonBag Crypto Challenges PEPE and Gate Token After Raising $3.5 Million in Presale, Investors Mo...

Bitcoin BTC: 1000x Returns Potential? Analyzing 10.32% Weekly Surge!

Cardano Founder Hoskinson Counters Buterin on Crypto Politics

Discover High-Potential Presales

¡Únete a nuestro boletín gratuito para recibir actualizaciones diarias de criptografía!