WazirX Hacker Moves $11.4M In ETH, Deposits Majority Into Tornado Cash

The hacker behind the recent WazirX India breach remains active, transferring 5,000 ETH (approximately $11.4 million) to a new address. According to blockchain data, the hacker has already deposited $9.9 million of that amount into Tornado Cash, a decentralized privacy platform, while still holding $1.38 million in their wallet. 🚨UPDATE🚨Another busy day for @WazirXIndia hacker!Hacker … Read more

Binance Rejects Wazirx’s Claims — Denies Responsibility for Hack Consequences

Crypto exchange Binance has responded to accusations from Wazirx and Zettai about how its dispute with Wazirx affects user funds lost in the July cyberattack. The company insists that responsibility for the incident lies with Wazirx’s management under Zanmai and Zettai, not Binance. Rejecting claims from co-founder Nischal Shetty, Binance maintains it “bears no responsibility … Read more

WazirX Hackers Funnel $11M In Stolen ETH Through Tornado Cash

The hackers behind the July WazirX breach, believed to be tied to North Korea, have moved another $11 million worth of stolen Ethereum (ETH) into Tornado Cash, a cryptocurrency mixer that obscures transaction trails. In the latest move, over 5,000 ETH was transferred to a new wallet, with $1.2 million laundered through Tornado Cash across … Read more

Penpie Faces Security Breach, Pendle Takes Swift Action To Protect $105M In Assets

Penpie, a protocol built on top of Pendle, recently experienced a significant security breach that resulted in a loss of funds. In response, the Pendle team swiftly intervened to protect approximately $105 million from further potential losses. Alert: Penpie has encountered a security compromise. We have paused all deposits and withdrawals. Our team is working … Read more

WazirX Faces $234M Hack, Users Could Lose 40% Of Funds Amid Restructuring Efforts

WazirX, a prominent Indian cryptocurrency exchange, has informed its users that they could face significant losses following a major security breach in July 2024 that resulted in the theft of $234 million. The platform is currently undergoing a restructuring process and has sought time from Singapore’s high court to devise a swift recovery plan to … Read more

Wazirx Fast-Tracks INR Withdrawals but Users Face 6-Month Crypto Trading Delay

Indian crypto exchange Wazirx has accelerated Phase 2 of INR withdrawals after a cyberattack on July 18. Initially scheduled for Sept. 9, eligible users can now withdraw up to 66% of their INR balances. However, crypto trading on the platform will not resume for another six months. Wazirx Expedites INR Withdrawals Amid Post-Hack Restructuring Efforts … Read more

WazirX Users Get Partial Relief, But Crypto Withdrawals Remain Frozen

It’s been a tumultuous month for WazirX users, following the devastating cyberattack on July 18, 2024, which prompted the platform to suspend withdrawals and trading. After weeks of intense efforts, the WazirX team has finally outlined a plan to address users’ pressing concerns regarding cryptocurrency and INR balances. 📢 Important Announcement About INR Withdrawals and … Read more