The Shibai team reacts to the WazirX hack that resulted in the theft of trillions of SHIBU, urging holders to be strong and emphasizing the need for stronger security.
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The Shibai team reacts to the #WazirX hack that resulted in the theft of trillions of SHIBU, urging holders to be strong and emphasizing the need for stronger security.
The popular dog-themed #cryptocurrency ShibirX has suffered a major security breach at India's leading cryptocurrency exchange WazirX. Trillions of #SHIB tokens were reportedly stolen, resulting in significant losses. Lucy, head of marketing at ShibirX, expressed her condolences to those affected by the hack, which resulted in millions of dollars being stolen.
In recent years, cryptocurrency hacks have become more frequent, resulting in billions of dollars in losses and exposing weaknesses in the cryptocurrency ecosystem, and WazirX has become the latest victim of such an attack. According to Lookonchain, a popular blockchain tracker on platform X (formerly Twitter), hackers took advantage of WazirX a few hours ago. The hackers stole more than $230 million in various crypto assets including Shibainu, #BTC , MATIC, #PEPE , USDT and GALA.
the main target was Shibainu, with hackers stealing more than 5.43 trillion SHIB tokens worth $102 million. Lookonchain reported that the WazirX wallet transferred the stolen funds to an unknown address 0x04b2. From that address, the stolen assets were subsequently sold, including 640.27 billion PEPE tokens worth $7.6 million.
The security breach alarmed cryptocurrency investors, especially those who held SHIB tokens on WazirX. Lucy Shibabu addressed SHIB holders affected by the hack with the following words.
I sincerely hope that all SHIB holders will get their money back and that WazirXIndia will rectify the situation,
', Lucy said. She noted that although the amount of SHIBs stolen was significant, it was small compared to the total number of SHIBs. Lucy urged the SHIB community not to lose hope and emphasized the importance of unity and support.
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