Hackers have breached the WazirX crypto-exchange in India and stolen large sums of money.
Lookonchain, a company that tracks blockchain data, has found an analysis of the on-chain data showing that the exchange suffered losses greater than $230 million The incident resulted in a crypto-currency worth of approximately $.
Ethereum, worth $52,5 Million (ETHShiba Inu worth $102 Million (SHIBPolygon worth $11.24 Million (MATICPepe) worth $7.6 Million (PEPEGala, worth $3.5 Million (GALAThe Tether market is worth $5.79 billion (USDT).
Lookonchain claims that the hacker has sold the entire amount of stolen tokens, including PEPE and SHIB.
“Currently, wallet “”0x04b2”, is selling these assets and has sold 640.27B Pepe ($7.6 Million).
WazirX Exploiter sells all 5,43T SHIB to 92 Million USD for 26 535 Eth.”
WazirX confirms The company is currently investigating whether or not its platform has been compromised.
“A cyber attack occurred in one of our multisig wallets involving a loss of funds exceeding $230 million. This wallet was operated utilizing the services of Liminal’s digital asset custody and wallet infrastructure from February 2023.”
According to the exchange, it has also suspended withdrawals temporarily in order to protect users’ funds.
“This is a force majeure event beyond our control, but we are leaving no stone unturned to locate and recover the funds. We have already blocked a few deposits and reached out to concerned wallets for recovery. We are in touch with the best resources to help us in this endeavor.”
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Source: dailyhodl.com
