**🚨 Crypto News Alert: Major Hack on Indian Crypto Exchange 🚨**
- WazirX's Safe Multisig wallet on Ethereum was compromised.
- Funds were moved and converted to Ether.
- The total amount compromised is approximately $234.9 million.
**Incident Overview:**On July 18, Cyvers Alert announced that their Web3 security firm detected "multiple suspicious transactions" involving WazirX’s Safe Multisig wallet on Ethereum. The hackers transferred $234.9 million from the wallet to a new address.
🚨ALERT🚨Hey @WazirXIndia, Our system has detected multiple suspicious transactions involving your Safe Multisig wallet on the #ETH network.
— 🚨 Cyvers Alerts 🚨 (@CyversAlerts) July 18, 2024
A total of $234.9M of your funds have been moved to a new address. Each transaction's caller is funded by @TornadoCash.
The suspicious… pic.twitter.com/4sajAwd4Hb
- The transactions were funded by Tornado Cash, a decentralized protocol for private transactions.
- The stolen funds, initially in Tether (USDT), Pepe (PEPE), and Gala (GALA), were quickly swapped into Ether.
Stay tuned for further updates on this developing story. #Crypto #Hack #WazirX #SecurityBreach #Ethereum
.png)
.gif "If you don’t have an CoinEx account yet, you can sign up here!")
Earncryptoairdrops
Posts
