WazirX Hack : $235 Million Stolen in Major Cyberattack

The post WazirX Hack : $235 Million Stolen in Major Cyberattack appeared first on Coinpedia Fintech News

Cyvers Alerts took to X and stated that the firm has detected “multiple suspicious transactions” involving WazirX’s Safe Multisig wallet on Ethereum. According to the post, a total of $234.9M of funds have been moved to a new address and each transaction’s caller is funded by TornadoCash. The suspicious address has already swapped Pepe (PEPE), Gala (GALA), and Tether (USDT) to ETH and continues to swap other digital assets. Cyvers Alerts stated that the Safe wallet appears to have been compromised by a malicious actor.