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Major cryptocurrency exchange WazirX has reportedly been hacked, with over $234 million stolen.
According to data from cybersecurity firm CYVERS, WazirX’s Safe Multisig wallet on the Ethereum network was compromised. The attackers reportedly transferred a total of $234.9 million to a new address, with each transaction originating from a TornadoCash-funded account.
Blockchain security company PeckShield also confirmed the exploit through a recent tweet. Reports suggest the attackers are swapping stolen assets like PEPE, GALA, and USDT to Ethereum (ETH) and potentially continuing swaps with other cryptocurrencies.
