Crypto Theft: Trading Platform WazirX Lost Over $230 Million!
2024-07-18
Bittime - Trading platform WazirX has reportedly lost more than $230 million in crypto assets. The stolen assets were allegedly removed from the wallet WazirX to another known wallet.
Details of Crypto Asset Theft from the Platform WazirX
Aset-assets stolen from the platform WazirX covers various types of crypto. The total value of lost assets is estimated at $230 million, and the most stolen was SHIB.
According to ZachXBT, more than $230 million in crypto assets were abnormally moved from wallets WazirX to wallet "0x04b2". And the wallet is currently selling the stolen assets.
Source: Twitter.com/lookonchain
Impact on Crypto Markets
Theft of crypto assets from the platform WazirX has an impact on the price of the associated crypto asset. After news of this theft spread, the price of the stolen tokens decreased in a short time:
SHIB fell over 5% in an hour and is currently trading at $0.00001778.
GALA fell 4.8% in an hour and is currently trading at $0.025.
MATIC fell 1.7% within an hour and is currently trading at $0.5415.
This price decline reflects market concerns about the impact of this massive theft on liquidity and confidence in related assets.
No response yet from WazirX
In the middle, WazirX has not provided an official statement regarding this incident. Therefore, WazirX It is hoped that steps will be taken immediately to resolve this situation and prevent further losses. Additionally, users are advised to monitor their accounts and report suspicious activity to the team WazirX.
How to Buy Crypto with 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.
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