💰 WazirX Hack: Indian Crypto Exchange Suffers $235M Exploit, Pauses Withdrawals

faced a multisig wallet hack with over $230 million worth of crypto assets compromised, including SHIB, PEPE and others.

Indian crypto exchange WazirX experienced a security breach termed a "methodical attack."

Attackers targeted the exchange's multisig wallet on the Ethereum network.

The largest unauthorized transaction involved over 5 trillion SHIB tokens.

WazirX has shut down its crypto transactions following the attack.

Nearly $235 million worth of crypto assets were compromised.