WazirX Stops Withdrawals Amidst Security Breach Fallout

Shiva Ganesh

WazirX experienced a significant security breach affecting one of its multisig wallets, resulting in a loss of over $230 million

To protect remaining assets, WazirX has temporarily suspended all withdrawals

The breach is suspected to be the work of the North Korean hacker group, Lazarus

The stolen assets include various cryptocurrencies such as Shiba Inu, Ethereum, Matic, Pepe coin, Tether, and Gala

WazirX is actively investigating the incident and working to recover the stolen funds

Read More Stories