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Bitcoin:
$ 97.803
BTC Dominance:
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Market Cap:
$3.33 T

WazirX Hacker Moves Stolen $230M to Ethereum

Wazirx

Based on blockchain analytics company Lookonchain’s X Thursday night, the exploiter of the $230 million worth of cryptocurrencies from India’s WazirX has mostly moved most of the assets into ether.

Lookonchain said in the X post that the hacker has swapped the money for 43,800 ETH ($149.46 million) and has about 59,097 ETH. Remaining in Dent, Chromia, Celer Network, and Frontier tokens, the wallet has almost $15 million worth of cryptocurrencies.

Lookonchain said, “It is worth noting that the WazirX exploiter deposited 7.7 million $Dent ($7.3K) to a Binance deposit address that has not been used before.”

Targeting its multisignature wallet on the Ethereum network, the Indian crypto exchange experienced a $230 million hack on Thursday. Among the over 200 different crypto assets stolen were Shiba Inu, Ethereum, Polygon, and PePe memecoin.

Since then, WazirX has stopped all withdrawals after acknowledging the security issue and characterizing the incident as a “force majeure event” outside its influence.

Another blockchain analytics company, Elliptic, claimed in a paper that on-chain evidence points to hackers connected to North Korea having carried out the vulnerability.

 

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