Hey I am on Medial • 1y
The US intelligence agency, the Federal Bureau of Investigation (FBI), has reportedly reached out to the Indian cryptocurrency exchange WazirX to study the nature of a cyberattack involving the North Korean hacking group Lazarus Group and to support the investigation. It's worth noting that WazirX did not disclose who is behind the attack, but co-founder Nischal Shetty suggested that it could be North Korea's Lazarus Group, as identified by Cyfirma. Cyfirma said that the state-sponsored attack is linked to North Korea's Reconnaissance General Bureau (RGB), a primary intelligence service. Cyfirma's researchers' analysis revealed that close to $235 million in crypto assets were lost due to the breach. This included over 200 different assets, such as approximately $96.7 million of Shiba Inu, $52.6 million of Ether, $11 million of Matic, and $7.6 million of Pepe.

Growth & Research @Z... • 1y
Now, WazirX has been hacked and over $234 Million Dollars are on the line. Who will going to trust this Ecosystem, Is all CEX can be hacked? This hack certainly leads to impact a sort of trust and security issue in Indian exchanges and their ecosy
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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 cror
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Founder & Editor of ... • 1y
In August 2024, the cryptocurrency sector was hit by over 10 significant hacks, resulting in approximately $313.86 million in losses, according to PeckShield. The two largest incidents, both involving phishing attacks and unauthorized transfers, acc
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