WazirX Hit by $230 Million Theft: Details of the Security Breach
Monday, 29 July 2024, 13:40
WazirX Security Breach Overview
WazirX, an Indian cryptocurrency exchange, suffered a major security breach recently.
The Incident
Threat actors targeted the platform, leading to the loss of $230 million in crypto assets.
Details of the Breach
- The attack involved a multi-signature wallet.
- Media reports confirmed the incident and its monetary impact.
Conclusion
This incident serves as a stark reminder of the vulnerabilities present in the cryptocurrency sector, emphasizing the importance of robust security measures to safeguard users' investments and trust.
This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.