$235 Million Crypto Theft from WazirX Was ‘Perpetrated’ By North Korean Hackers, Report Reveals

Quick Summary:

Indian cryptocurrency exchange WazirX has reportedly lost approximately $235 million in digital assets due to a significant cybersecurity breach that occurred in the early hours of Thursday.

According to the post shared by the firm on X, the breach appeared to have targeted their multi-sig wallets, resulting in a substantial amount of funds being lost.

Elliptic has highlighted these in previous attacks orchestrated by North Korean hackers and indicates an ongoing playbook for hiding their digital fingerprints.

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Article Details

Author / Journalist: Samuel Edyme

Category: Crypto

Markets: HungaryIndiaNorth Korea

Topics: Crypto Crypto hack WazirX Hack Eliptic WazirX Crypto Market Lazarous Group North Korean hackers Crypto News WazirX Exchange

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-07-19 @ 08:00:23 (11 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 508 words

Reading Time: 3 minutes read

Sentences: 31 lines

Sentence Length: 17 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Bitcoinist

News ID: 21682484

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About Bitcoinist

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Official Website: bitcoinist.com

Update Frequency: 11 posts per day

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News Last Updated: 12 hours ago

Coverage Areas: Hungary

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