Crypto Theft

Previously, WazirX was suspected of experiencing crypto asset theft. Hackers from North Korea are suspected of being the culprit. 

Crypto Theft Perpetrators of WazirX

<img src="https://static.bittime.com/cms-static/upload/Crypto_Theft_Perpetrators_of_Wazir_X_d27e51c89f.webp" alt="Crypto Theft Perpetrators of WazirX" width="2048" height="1152"><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;Previously, 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.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:2pt;margin-top:12pt;text-align:justify;" dir="ltr">Chronology of Theft Incidents at WazirX</h2>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.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/staking?=cn400001"><img src="https://static.bittime.com/cms-static/upload/banner_staking_coin_8abe277d88.webp" alt="banner staking coin.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:2pt;margin-top:12pt;text-align:justify;" dir="ltr">The Alleged Perpetrator is North Korean Hackers</h2>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.&nbsp;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.<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/blog?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Blog_7d687b658d.webp" alt="Banner Blog.webp" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:2pt;margin-top:12pt;text-align:justify;" dir="ltr">WazirX Response&nbsp;</h2>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.<h2 style="line-height:1.38;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>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.&nbsp;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.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">&nbsp;Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001">&nbsp;Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.

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Crypto Theft Perpetrators of WazirX Allegedly a North Korean Hacker 

Crypto Theft: Trading Platform WazirX Lost Over $230 Million!

<figure class="image"><img style="aspect-ratio:2048/1152;" src="https://static.bittime.com/cms-static/upload/Crypto_Theft_039b8daff6.webp" alt="Crypto Theft.webp" width="2048" height="1152"></figure><a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/?cn=400001">Bittime</a> -&nbsp;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.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/register?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_2_988b13eca2.webp" alt="Banner 2" width="1999" height="415"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Details of Crypto Asset Theft from the Platform WazirX</h2>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.&nbsp;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.<img src="https://static.bittime.com/cms-static/upload/Wazir_X_edab3f6880.webp" alt="WazirX Pencurian Kripto" width="745" height="1200">Source: Twitter.com/lookonchain&nbsp;<h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">Impact on Crypto Markets</h2>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:<ul style="margin-bottom:0;margin-top:0;padding-inline-start:48px;"><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">SHIB fell over 5% in an hour and is currently trading at $0.00001778.</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">GALA fell 4.8% in an hour and is currently trading at $0.025.</li><li style="background-color:transparent;color:#000000;font-family:'Helvetica Neue',sans-serif;font-size:12pt;font-style:normal;font-variant:normal;font-weight:400;list-style-type:disc;text-decoration:none;vertical-align:baseline;white-space:pre;" dir="ltr" aria-level="1">MATIC fell 1.7% within an hour and is currently trading at $0.5415.</li></ul>This price decline reflects market concerns about the impact of this massive theft on liquidity and confidence in related assets.&nbsp;<a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/banner_cara_beli_ab926002c1.webp" alt="cara beli crypto di bittime" width="2985" height="620"></a><h2 style="line-height:1.38;margin-bottom:6pt;margin-top:14pt;text-align:justify;" dir="ltr">No response yet from&nbsp;WazirX&nbsp;</h2>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.<h2 style="line-height:1.38;margin-bottom:6pt;margin-top:18pt;text-align:justify;" dir="ltr">How to Buy Crypto with Bittime</h2><a target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/how-to-buy?cn=400001"><img src="https://static.bittime.com/cms-static/upload/Banner_Daftar_Bittime_c71afe9bcb.webp" alt="Banner Daftar Bittime" width="2985" height="620"></a>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.&nbsp;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.&nbsp;Monitor graphic movement<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">&nbsp;</a>price&nbsp;<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/BTC?cn=400001">Bitcoin (BTC)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/ETH?cn=400001">&nbsp;Ethereum (ETH)</a>,<a style="text-decoration:none;" target="_blank" rel="noopener noreferrer" href="https://www.bittime.com/price/SOL?cn=400001">&nbsp;Solana (SOL)</a>&nbsp;and other cryptos to find out today's crypto market trends in real-time on Bittime.