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WazirX Hack Update: Tornado Cash Used to Launder Nearly All of $230 Million in Stolen

Coinpedia LogoCoinpedia2d ago

WazirX Hack Update: Tornado Cash Used to Launder Nearly All of $230 Million in Stolen - Coinpedia

Quick Summary:

Today I will expose another misleading info that was published by Wazirx.

The concentration on laundering activity according to the data was maximum in August and September and the most recent transaction of 3,792 ETH, approximately $10 million recorded this week.

The use of the service in the WazirX hack has further deepened apprehensions about the service’s contribution to cybercrime.

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WazirX Hack Update: Tornado Cash Used to Launder Nearly All of $230 Million in Stolen - Coinpedia (Picture 1)WazirX Hack Update: Tornado Cash Used to Launder Nearly All of $230 Million in Stolen - Coinpedia (Picture 2)WazirX Hack Update: Tornado Cash Used to Launder Nearly All of $230 Million in Stolen - Coinpedia (Picture 3)

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Article Details

Author / Journalist: Elena R

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-26 @ 05:17:36 (2 days ago)

News Timezone: GMT +8:00

News Source URL: coinpedia.org

Language: English

Article Length: 322 words

Reading Time: 2 minutes read

Sentences: 32 lines

Sentence Length: 11 words per sentence (average)

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

Copyright Owner: © Coinpedia

News ID: 22716378

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About Coinpedia

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Main Topics: Crypto

Official Website: coinpedia.org

Update Frequency: 20 posts per day

Year Established: 2016

Headquarters: United States

News Last Updated: 9 hours ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #112

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The story "WazirX Hack Update: Tornado Cash Used to Launder Nearly All of $230 Million in Stolen" was covered 2 days ago by Coinpedia, a news publisher based in United States.

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The outlet is headquartered in United States and publishes an average of 20 news stories per day.

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  • News ID: #22716378
  • URL: https://beamstart.com/news/wazirx-hack-update-tornado-cash-17273289857025

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