Crypto Market Volatility: Significant Fluctuations Observed Today
-WazirX Hacker Converts $149 Million of Altcoins to Ethereum:
The hacker behind the $235 million WazirX exploit converted nearly $150 million in altcoins to Ether to avoid asset freezing. Between July 18-19, $90.2 million in Shiba Inu (SHIB), $10.2 million in Polygon (MATIC), and $7.5 million in Pepe (PEPE) were converted. This was reported by blockchain analytics firm Spot On Chain.
- Microsoft Windows Outage Disrupts Financial Services and Travel:
A widespread Microsoft Windows outage, linked to CrowdStrike cybersecurity software, has disrupted global services, including emergency, banking, and travel sectors, since July 18. Online banking services were notably affected, while the crypto community seized the moment to create new memecoins related to the incident.
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