The Daily: WazirX exploit, Biden’s dropout odds, BlockFi to begin crypto distributions and more | Headlines | News | CoinMarketCap

07/19/2024 02:17
The Daily: WazirX exploit, Biden’s dropout odds, BlockFi to begin crypto distributions and more | Headlines | News | CoinMarketCap

Happy Thursday! In today's Daily, WazirX gets hacked for over $230 million, Polygon sets a date for the MATIC to POL migration, Mt. Gox creditors …

The Block Crypto News9 minutes ago

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Published on July 18, 2024 19:03 GMT+00:00edited on July 18, 2024 19:04 GMT+00:00

Happy Thursday! In today's Daily, WazirX gets hacked for over $230 million, Polygon sets a date for the MATIC to POL migration, Mt. Gox creditors report brute-force login attempts and more.

Meanwhile, Lens targets Q4 for a mainnet launch on ZKsync, with the end goal of AI monetization.

Let's get started.

WazirX exploited for over $230 million

Indian crypto exchange WazirX suffered an exploit on Thursday that resulted in the unauthorized transfer of over $230 million in crypto assets.

  • The hack targeted WazirX's multisig wallet on the Ethereum network, potentially due to a private key compromise, and drained the funds.
  • To carry out the attack, the perpetrator needed to upgrade the implementation of a Safe …

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