WazirX Confirms $234M “Security Breach” on Its Safe Multisig Wallet
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India’s largest crypto exchange has been hacked. The exchange responded to the development by pausing withdrawals. The attacker was still moving the stolen funds as of press time. India’s largest crypto exchange WazirX has paused crypto and INR withdrawals on its platform following a multimillion-dollar security breach. On July 18, blockchain security firm Cyvers alerted the X (Twitter) crypto community to multiple suspicious transactions involving WazirX’s Safe Multisig wallet on the Ethereum Network. WazirX Crypto Hack Noting that a malicious actor had compromised the wallet, Cyvers said the incident resulted in $234.9 million being moved to a new address,
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