WazirX Halts Trading After $230 Million Exploit, Offers Bounty For Recovery
Indian cryptocurrency exchange WazirX has paused all trading activities following a massive $230 million hack. https://twitter.com/WazirXIndia/status/1815004031561220352?t=nQ44hesdmDOXDJk10zWXBg&s=19 In a bid to recover the stolen funds, the exchange is offering a reward of up to 10% of the hacked amount, which could amount to $23 million, and $10,000 for information leading to the freezing of the assets. https://twitter.com/ibcgroupio/status/1815185545921798166?t=BMabugV1dGSCti1YeQImKg&s=19 Suspicions have fallen on North Korea’s notorious Lazarus Group, known for its complex cyber heists, making the recovery process particularly challenging. WazirX Exploiter Moves Ethereum Recent on-chain analysis has revealed that the WazirX exploiter is actively moving Ethereum ($ETH). In the last 20 minutes alone, the hacker has transferred 16,345 $ETH, valued at $56.88 million, to two new wallets identified as “0x58d” and “0x668”. Currently, the exploiter holds approximately 43,962 $ETH, worth $153 million, spread across various wallets. https://twitter.com/spotonchain/status/1815310961462632481?t=fWOUJVhMbQ-fPhV2JwRdVg&s=19 In addition to $ETH, the […]