Two young men pulled off a $ 230 million bitcoin heist in one of the largest crypto thefts from a private individual in U.S. history. But after indulging in luxury cars and a $ 2 million watch, the story took a sinister twist. Now, prosecutors say the crime may be tied to a …
Wazirx Moves Funds to New Wallets After $230M Crypto Theft
Indian crypto exchange Wazirx is in the process of migrating the remaining assets from custodian Liminal to new multisig wallets following a security breach that resulted in the theft of over $ 230 million. Wazirx claims that while its own systems remain secure, the custodian’s interface was compromised, prompting this precautionary measure. Wazirx Updates …
Wazirx Rolls Out Socialized Loss Strategy Across All Users Post $230M Cyberattack
Indian cryptocurrency exchange Wazirx is implementing a socialized loss strategy to distribute the impact of the recent $ 230 million cyberattack among all its users. The exchange stated that 55% of users’ crypto assets will be accessible, while the remaining 45% will be converted to USDT-equivalent tokens and locked. “The fastest way to open …
Indian Crypto Exchange Wazirx Suspends Withdrawals Amid $230M Security Breach
Indian crypto exchange Wazirx has announced a security breach affecting one of its multisig wallets, resulting in the theft of over $ 230 million. Cryptocurrency and INR withdrawals have been halted as the team investigates the incident, with blockchain investigators Zachxbt and Mudit Gupta offering insights into the sophisticated hack. Wazirx Security Breach Halts …