WazirX

<ul><li>WazirX hit by a $230M hack; Cyvers Alerts detected suspicious transfers, raising concerns.</li><li>WazirX paused INR and crypto withdrawals to investigate the breach involving their multisig wallet provider, Liminal.</li><li>Stolen funds represent 45% of WazirX’s holdings; proof of reserve site down post-breach.</li></ul>The Indian cryptocurrency exchange WazirX suffered a significant security breach early Thursday, resulting in unauthorized transfers exceeding $230 million. This incident, <a href="https://x.com/CyversAlerts/status/1813834131165286464" rel="noopener noreferrer nofollow">detected</a> by Cyvers Alerts and confirmed by on-chain analytics from Lookonchain, marks one of the largest thefts in cryptocurrency this year.<img src="https://lh7-us.googleusercontent.com/docsz/AD_4nXdYc7Cal6HRXFvjadrOawPrTjKCIz4fdqA5sO5cK6n_aBXqWxvK6H-8hIr1eimqe7BQxvgLtqrjwd2ETB2RuPxyfIEp0wJX0SkB_SIE-L8hbTdTjIOxbUTJloH1cUYlAeVOn645p8hxdsw6uJGbfd9fUJJ8?key&#61;is3b3F7r7lCTurJxIs78wA" />Initial Detection and ResponseCyvers Alerts, a security monitoring service, first detected the breach. Their systems noted multiple suspicious transactions from WazirX&#39;s Safe Multisig wallet on the Ethereum network to a new address, warning of potential compromise. These alerts indicated that each transaction was linked to funds initially funded by Tornado Cash, raising red flags given Tornado Cash’s history with illicit activities.<a href="https://cryptotale.org/crypto-exchange-wazirx-hacked-230-million-stolen/" rel="noopener noreferrer nofollow">Read more on CryptoTale.</a>Visit the links for more information <a href="https://cryptotale.org/" rel="noopener noreferrer nofollow">Website</a> | <a href="https://twitter.com/cryptotalemedia" rel="noopener noreferrer nofollow">Twitter </a>| <a href="https://t.me/cryptotale_news" rel="noopener noreferrer nofollow">Telegram </a>| <a href="https://www.instagram.com/cryptotalenews/" rel="noopener noreferrer nofollow">Insta</a>

Crypto Exchange WazirX Hacked, $230 Million Stole

CryptoTale

Andere artikelen gepubliceerd op 19 jul 2024

The Fusion of Crypto and AI: Exploring PantherAI

MoonBag Coin Rise: Outshining Safe Token in the Crypto Market

Will Dogecoin Experience 100x Growth by October 2024? - Claim Airdrops Now!

Hacker Behind $230 Million WazirX Heist Converts Majority of Stolen Assets into Ether

BlockDAG Enhances Crypto Rewards with X1 Miner App, Spiking Presale Value To 1400% While Tron & X...

Former President Trump’s Speech at Republican National Convention Fuels Cryptocurrency Surge

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!