$230 Million (₹1,924.41 Crore) vanish from Indian crypto exchange WazirX in suspected North Korean hack

[Redaktion]

Major Indian crypto exchange WazirX suffered a security breach, losing over $230 million in digital assets. The company posted a tweet on 18th July (3:48AM EDT) announcing suspension of withdrawals as they investigate the incident - which reportedly involved a compromised multisig wallet. North Korean hackers are responsible for this incident, as per Elliptic.

https://www.notebookcheck.net/230-Million-1-924-41-Crore-vanish-from-Indian-crypto-exchange-WazirX-in-suspected-North-Korean-hack.864849.0.html

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[jasor]

That WazirX breach is really alarming, especially considering the scale of the loss and the fact that it involved a compromised multisig wallet. Security lapses like this remind me why I'm extra cautious with where I keep my digital assets. I prefer platforms with a strong track record and transparent security practices. To stay on top of my holdings, I also keep an eye on conversions like btc to gbp, since exchange rates can shift quickly after big news like this. It's definitely a wake-up call for investors everywhere to diversify and protect assets carefully

[Mattew234]

nice

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