Quote from: pakhitheboss on July 18, 2024, 08:41:08 AM

Found it on X.com sharing it here for the community. It happened on the Ethereum network and a total of $234.9M has been moved to a new address. If anyone here has stored ETH on the WazirX wallet please go and check it. As of now, WazirX has not come out with any statement about the hack.

https://www.talkimg.com/images/2024/07/18/4GtX8.jpeg

https://x.com/Cointelegraph/status/1813837547887300828?t=XMlqE6Aw87eoIJ--I3xnxQ&s=19

It is now confirmed that the hack has occurred after WazirX issued a statement.

Quote

"We're aware that one of our multisig wallets has experienced a security breach. Our team is actively investigating the incident," the exchange confirmed in an X post. "To ensure the safety of your assets, INR and crypto withdrawals will be temporarily paused."

It is said that 45% of the exchange account holding has been hacked. I doubt they will be able to get those funds back.

I saw it on Twitter too. I am sorry for the affected users. WazirX has made a tweet about this. This is a security problem. There is one lesson to learn here: choose your trading exchange wisely. Check if they have a solid security system and a user protection fund.