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Indian exchange WazirX hacked for $230 million! SHIB, ETH, MATIC, PEPE, WRX, etc. were sold off

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Release: 2024-07-19 11:50:29
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Indian exchange WazirX hacked for $230 million! SHIB, ETH, MATIC, PEPE, WRX, etc. were sold off

This site (120bTC.coM): At 3 pm today, the Safe Multisig wallet of WazirX, India’s largest exchange, on the Ethereum network was monitored to have multiple suspicious transactions, with a total value of US$234.9 million in multiple cryptocurrencies. was transferred to the new wallet address.

Indian exchange WazirX hacked for $230 million! SHIB, ETH, MATIC, PEPE, WRX, etc. were sold off

WazirX: The multi-signature wallet was attacked by a security vulnerability

In response, WazirX issued a message near five o'clock saying that the exchange's multi-signature wallet suffered a security vulnerability and to ensure the safety of user assets, the Indian rupee ( INR) and cryptocurrency withdrawal capabilities: We are aware that one of our multi-signature wallets has experienced a security breach. Our team is actively investigating this incident. To ensure the safety of your assets, INR and cryptocurrency withdrawals will be suspended. Thank you for your patience and understanding. We will keep you informed of further updates.

Blockchain security team Bensin further tweeted that the attacker is suspected to have obtained the signature data of the exchange's multi-signature wallet administrator, and modified the wallet's contract logic to cause the wallet to execute wrong commands, thereby stealing the encryption in the wallet. Monetary assets. According to the fund flow chart, hackers have transferred some funds to the exchanges Binance and Changenow.

SHIB, ETH, MATIC, PEPE and other tokens were stolen and sold

According to Lookonchain monitoring, the WazirX wallet assets were stolen with a total value of approximately US$230 million, including:

  • 5.43 trillion SHIB (102 million USD)

  • 15,298 ETH (USD 52.524 million)

  • 640.27 billion PEPE (USD 11.236 million)

  • 5,792,699 USDT (USD 5.792 million)

  • 135 million GALA (3.5 million USD)

and hackers are dumping these assets.

SHIB and WRX plummeted by more than 10% in the past 24 hours

Among the assets stolen from the WazirX wallet, SHIB has the largest stolen value. The hacker wallet address has sold or transferred out nearly 20 million US dollars of SHIB. Currently, the address is still holding There are 4.63 trillion SHIBs (approximately $80 million).

Affected by hacker selling, the price of SHIB once plummeted to US$0.00001714. It rebounded slightly to US$0.00001735 before the deadline, with a drop of 10.4% in the past 24 hours.

In addition, the WazirX platform currency WRX was also affected by this hacking incident, and its price plummeted to a minimum of US$0.1409. It rebounded slightly to US$0.1475 before the deadline, with a drop of 12.51% in the past 24 hours.

Reminder, the hacker wallet address still holds multiple tokens, readers are advised to pay attention to the risk of selling.

The above is the detailed content of Indian exchange WazirX hacked for $230 million! SHIB, ETH, MATIC, PEPE, WRX, etc. were sold off. For more information, please follow other related articles on the PHP Chinese website!

source:120btc.com
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