Tether USDt

WazirX

According to the reports by <a href="https://spotonchain.com/" rel="noopener noreferrer nofollow">Spot On Chain</a>, the leading on-chain insights platform, more than 16,345 ETH have been moved to two new wallets just today. The total stolen amount by WazirX exploiter has risen to $230 million.WazirX&#39;s multisig wallets were exposed to a cyberattack on July 18th, which resulted in the theft of $230 million. According to various experts, this hacker named “WazirX exploiter” can be the cybercriminal group Lazarus.WazirX stated in a statement that the hacker may have stolen the funds by taking advantage of a difference between the data displayed on Liminal&#39;s interface and the contents of the transaction.$PEPE (Pepe), $GALA (Gala), and $USDT (Tether) have all been converted into $ETH (Ethereum) by the suspicious address, and it is continuing to convert other digital assets.As a result of this exploit, the cryptocurrency exchange WazirX has paused deposits, withdraws, and trading across its entire platform to cope with the fallout from the exploit.<h2 id="header-0">WazirX’s Bounty Program</h2><a href="https://blockchainreporter.net/wazirx-launches-bounty-program-to-recover-stolen-funds/" rel="noopener noreferrer nofollow">WazirX </a>has stated that it will be establishing a bounty program to get assistance with tracing and freezing or returning the assets. The company has extended an invitation to individuals who are knowledgeable in blockchain technology and cybersecurity to &#34;join this critical mission and protect the integrity of the cryptocurrency ecosystem.&#34;The company had initially provided a reward of five percent of the recovered funds as an incentive for assisting in their full return; however, after receiving feedback from blockchain detective ZachXBT, the reward was subsequently increased to ten percent.Additionally, the company is providing &#34;up to $10,000 worth of USDT&#34; in exchange for &#34;actionable intelligence that leads to the freezing of the funds.&#34;According to ZachXBT, &#34;There is no use in offering a $10 million prize if the person or organization in question is Lazarus Group since they are not going to simply hand over the money or be discovered and held legally accountable. 5% is lower than the industry standard of 10%&#43;.&#34;That’s it for now, we’ll continue updating if anything new comes up.

Cyber Attack On WazirX: $230 Million Stolen, Bountry Program And Much More

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