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Tag: WazirX

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Indian authorities investigate WazirX over $235m crypto heist

India’s largest cryptocurrency exchange, WazirX, is under investigation by Indian authorities in connection with a significant hack that resulted in the loss of $235 million in customer funds. The incident, which took place on July 18, saw a substantial amount of crypto assets stolen by an unidentified hacker, who is reportedly laundering the proceeds through […]

Crypto

WazirX crypto hacker moves $11.6m in Ethereum to Tornado cash

The hacker responsible for the $230 million exploit of India’s largest cryptocurrency exchange, Wazir X, has transferred an additional $11.6 million in Ethereum to the notorious crypto mixer Tornado Cash. This latest transaction continues a pattern of using Tornado Cash to launder the stolen funds, making it increasingly difficult for authorities to track the assets. […]

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Crypto News

WazirX halts plan of sharing $230m loss among users

India’s largest crypto exchange WazirX has given up its idea to share the loss of $230 million in funds following a severe hack attack amongst all users. In an attempt to mitigate the impact of the $230 million loss, the cryptocurrency exchange first suggested a 55/45″ plan that would have shared the loss among all […]

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Crypto

Hackers steal $235m from top Indian exchange WazirX

Cryptocurrency hackers have stolen $235 million worth of bitcoin assets from WazirX, the top cryptocurrency exchange in India, following a breach in the exchange’s wallet security. Blockchain security company Cyvers Alerts discovered the crime and shared the information on X after attempting to notify the WazirX team. The sum that has been moved was mentioned […]