Biggest Indian crypto exchange WazirX hacked, $230 million funds stolen funds

India's largest cryptocurrency exchange, WazirX, has suffered a major security breach resulting in the theft of over $230 million in digital assets. WazirX saw withdrawals in early European hours on Thursday (July 18) as a security breach affected one of its wallets, causing the loss of user funds. WazirX, which popularly calls itself as 'India Ka Bitcoin Exchange' confirmed the breach in a post on X, formerly known as Twitter. WazirX primarily targets the Indian market. It is said to be among the few Financial Intelligence Unit (FIU) registered exchanges in the country, allowing it to offer crypto exchange services to Indian citizens

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