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BREAKING: Cryptocurrency Exchange Loses Over $230M in Recent Hack

18.07.2024 10:36 1min. read Alexander Stefanov
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BREAKING: Cryptocurrency Exchange Loses Over $230M in Recent Hack

Reports are surfacing that a cryptocurrency exchange has been drained of $234 million.

Indian crypto exchange WazirX’s Safe Multisig wallet on the Ethereum network has apparently been compromised, per data from CYVERS.

A total of $234.9M has been moved to a new address. Each transaction’s caller is funded by TornadoCash.

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PeckShield also reported about this exploit in a recent tweet.

The suspicious address has swapped PEPE, GALA, and USDT to ETH and continues to swap other digital assets.

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