WazirX Data Beach: India’s Leading Cryptocurrency Exchange WazirX Suffers Mega Cyber Breach, Loses Digital Assets Worth $234 Million

WazirX, India’s leading cryptocurrency exchange, has suffered a significant security breach, leading to the transfer of $234 million in digital assets. The company confirmed the breach and has temporarily halted customer withdrawals. The attack targeted one of the exchange’s multisig wallets, which required multiple keys to access. The breach comes amid a turbulent time for the crypto exchange, which has experienced regulatory pressure and heavy crypto tax regimes.