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WazirX suffers approximately $230 million theft

Indian exchange WazirX reports a cyberattack on an Ethereum multisig wallet that removes more than $230 million in digital assets and disrupts the platform.

On July 18, 2024, WazirX suffers approximately $230 million theft. Indian exchange WazirX reports a cyberattack on an Ethereum multisig wallet that removes more than $230 million in digital assets and disrupts the platform.

WazirX said the attack hit an Ethereum multisig wallet and caused losses exceeding $230 million. Bitcoin itself was not the primary stolen asset, but the incident materially affected a major exchange serving Bitcoin users in India.

The event preserves a concrete part of Bitcoin's security history and the operational assumptions users, wallet developers, exchanges or node operators had to manage at the time.

Sources

  1. WazirX preliminary report on cyber attack