Indian crypto exchange WazirX paused crypto and rupee withdrawals after discovering a security breach, with reported $234.9 million assets moved.

Indian crypto exchange WazirX has paused crypto and rupee withdrawals after discovering a security breach in one of its multi-signature wallets. The exchange hasn't yet estimated the amount of crypto that may have been compromised, but cybersecurity firm Cyvers reported $234.9 million of assets were moved from the exchange to a new address. WazirX's total assets stood at about $500 million in June.

July 18, 2024
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