Summary:
-
Security Breach Incident: Indian crypto exchange WazirX confirmed a security breach, resulting in about $230 million in assets being “suspiciously transferred” out of the platform.
-
Immediate Actions: WazirX stated that one of its multisig wallets had been compromised and temporarily paused all withdrawals to address the situation.
-
Assets Affected: The breach impacted over 200 cryptocurrencies, including significant amounts of SHIB, Ethereum, Matic, Pepe, USDT, and Gala tokens. The exchange had reported $500 million in holdings in its June proof-of-reserves disclosure.
!