Indian crypto exchange falls victim to $235M hack
Cyvers Alert announced X on July 18, stating that the Web3 security firm has detected "multiple suspicious transactions" involving WazirX’s Safe Multisig wallet on Ethereum.
According to the post , it is believed that $234.9 million of funds in the Safe Multisig wallet have been moved to a new address, with each transaction’s caller funded by Tornado Cash, the decentralized protocol for private transactions.
The address has already swapped shifted funds comprised of Tether (USDT), Pepe (PEPE), and Gala (GALA) into Ether ( ETH ).
This is a developing story, and further information will be added as it becomes available.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Nintendo Switch 2 goes out of stock after record sales
Share link:In this post: Nintendo’s Switch 2 sold more than 3.5 million units in its first four days on sale. Analysts predict Switch 2 sales could top 20 million units in its first year. Initial shortages hit major US retailers, but broader supply looks stronger than in 2017.
BREAKING: Ukraine Drafts Bill to Add Bitcoin to State Reserves
SQDUSDT now launched for futures trading and trading bots
Jito (JTO) Price Surges 20%, Is the $3 Mark on Horizon?
Trending news
MoreCrypto prices
More
