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Hackers steal $230 million from Indian crypto exchange WazirX

July 19, 2024
1 Min Read

Following a cyberattack on the Indian cryptocurrency exchange WazirX, thieves stole over $230 million worth of different tokens.

The exchange said on X on Thursday that it was stopping withdrawals "to ensure the safety of your assets" following a security vulnerability in one of its multisig wallets.

Lookchain claims that the hackers made off with a variety of currencies, including $52 million in ether and over $100 million worth of Shiba Inus.

CoinDesk reports that the onchain exchange Uniswap is aggressively selling the stolen holdings.

Elliptic, a blockchain analytics service, reports that hackers connected to North Korea appear to have been behind the attack.

The multisig wallet was "created outside of the Liminal ecosystem," according to a statement from Liminal, the company that makes them, and its "platform is not breached and Liminal's infrastructure, wallets and assets continue to remain safe."

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