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WazirX crypto exchange suffers massive hack, funds worth ₹1,965 cr reportedly moved
short by Pragya Swastik / on Thursday, 18 July, 2024
Indian crypto exchange WazirX suffered a massive security breach. Web3 security firm Cyvers said WazirX suffered "multiple suspicious transactions involving Safe Multisig wallet on Ethereum network" following which "$234.9 million (around ₹1,965 crore) funds have been moved to a new address". Confirming the breach, WazirX posted on X, "INR and crypto withdrawals will be temporarily paused".
read more at Republic World