Crypto Theft Perpetrators of WazirX Allegedly a North Korean Hacker

2024-07-18

Crypto Theft Perpetrators of WazirX

BittimePreviously, WazirX, one of the largest exchanges in India is suspected of experiencing crypto asset theft. Losses are estimated at $235 million. Related crypto assets even experienced a significant decline in price.

Banner 2

Chronology of Theft Incidents at WazirX

According to analysis from Elliptic, more than $235 million in crypto assets have been moved from wallets WazirX to another wallet identified as "0x04b2". This wallet is known to have started selling stolen assets.

Assets stolen from the platform WazirX covers various types of crypto. The total value of lost assets is estimated at $235 million, and the most stolen was SHIB. 

banner staking coin.webp

The Alleged Perpetrator is North Korean Hackers

Elliptic, a blockchain analysis provider, suspects the involvement of a hacking group supported by the North Korean state. The group is known for previous cyber attacks targeting financial institutions and crypto platforms around the world. 

This allegation adds a geopolitical dimension to the WazirX theft incident, given North Korea's long history of using criminal cyber activities to fund their state programs.

Banner Blog.webp

WazirX Response 

WazirX has issued an official statement regarding this incident and promised to cooperate with global authorities to thoroughly investigate this case. They also emphasized their commitment to strengthening security protocols to prevent similar incidents in the future.

How to Buy Crypto with Bittime

Banner Daftar Bittime

You can buy and sell crypto assets in an easy and safe way through Bittime. over is one of the best crypto applications in Indonesia which is officially registered with Bappebti. 

To be able to buy crypto assets on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application. 

Monitor graphic movement price Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.

Disclaimer: The views expressed belong exclusively to the author and do not reflect the views of this platform. This platform and its affiliates disclaim any responsibility for the accuracy or suitability of the information provided. It is for informational purposes only and not intended as financial or investment advice.

Lucky Draw Rp15 Juta
PLPA Listing Announcement