WarzirX Hacked for $235M, sell pressure to $ETH, $SHIB and $WRX

India’s largest crypto exchange by volume, WarzirX loses over $230 million to an intricately planned attack, as super-sleuth ZachXBT claims Arkham Intelligence’s second bounty citing links to North Korean group Lazarus.

Several news outlets have reported that the stolen funds were siphoned to Tornado Cash using $ETH, $SHIB, and $WRX which has brought increased sell pressure and sent prices tumbling as a result.

References: https://x.com/zachxbt/status/1813896332022882686

https://cryptoslate.com/indian-exchange-wazirx-hit-by-235-million-hack-north-korea-link-suspected/

https://www.coindesk.com/markets/2024/07/18/indian-crypto-exchange-hack-sends-shib-wrx-tumbling-as-bitcoin-tether-trade-at-massive-discount/

https://blockworks.co/news/wazirx-says-hack-beyond-our-control

https://cryptobriefing.com/wazirx-confirms-230-million-hack/

https://www.altcoinbuzz.io/cryptocurrency-news/wazirx-hack-234-9m-compromised-via-ethereum-multisig-wallet/ Show Less