Cyber Crime: Biggest Indian Crypto Exchange WazirX Hacked, 230 Million Dollars Funds Stolen
Cyber Crime: Biggest Indian Crypto Exchange WazirX Hacked, 230 Million Dollars Funds Stolen
230 million dollars stolen from India’s biggest crypto exchange WazirX. WazirX said that it faced a major security breach owing to which the crypto exchange temporarily stopped crypto withdrawals. The action was taken following a suspicious transfer of assets worth $230 million from one of its multi-sig wallets
A multi-sig wallet is a crypto wallet that requires two or more private keys to unlock and withdraw funds. WazirX posted on X (Formerly Twitter) about this incident. This happens amid ongoing scrutinizing of the cryptocurrency industry and its regulations by Indian government
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