Tag: Drains

  • Hacker Drains 200 Crore from WazirX in Shocking 48-Hour Spree

    Hacker Drains 200 Crore from WazirX in Shocking 48-Hour Spree

    In a recent unsettling development in the cryptocurrency world, hackers affiliated with the WazirX exchange have once again set the community on edge by moving a significant amount of ethereum through the crypto mixing service, Tornado Cash. This action, involving the laundering of 10,000 ethereum, estimated to be worth around 197.68 crore, highlights a persistent…

  • Hacker Drains WazirX: $33 Million Vanishes into Tornado Cash Abyss

    Hacker Drains WazirX: $33 Million Vanishes into Tornado Cash Abyss

    In the rapidly evolving world of digital currencies, incidents of cyber theft have put a spotlight on the vulnerabilities and security measures of cryptocurrency exchanges. A recent high-profile case involves an Indian crypto exchange from which a whopping sum of approximately $33 million in cryptocurrency was illicitly siphoned off. The stolen assets, majorly in ethereum,…

  • Hacker Drains WazirX: A Shocking $6.5 Million Vanishes into Tornado Cash

    Hacker Drains WazirX: A Shocking $6.5 Million Vanishes into Tornado Cash

    In the evolving landscape of digital currencies, the security of cryptocurrency exchanges remains a paramount concern. A recent event has underscored this reality starkly, as a hacker involved in a massive breach in July 2023 initiated the transfer of $6.5 million worth of ethereum (ETH) to Tornado Cash, a known cryptocurrency mixing service. This movement…

  • Hacker Drains $6.5 Million in ETH to Tornado Cash, Escalating Crypto Alarm

    Hacker Drains $6.5 Million in ETH to Tornado Cash, Escalating Crypto Alarm

    In the dynamic world of cryptocurrency exchanges, security breaches have unfortunately become a common headline, stirring unrest within the digital asset community. A recent incident involving an Indian exchange has captured significant attention due to the magnitude of the exploit and the subsequent actions taken by the hacker. Investors and observers alike are closely monitoring…

  • Smart Contract Hack Drains $1.8M from Nexera Protocol: Inside the Heist

    Smart Contract Hack Drains $1.8M from Nexera Protocol: Inside the Heist

    In the rapidly advancing domain of decentralized finance (DeFi), a recent event has underscored the significant security risks that the sector faces. The blockchain infrastructure protocol known as Nexera encountered a grave security breach, culminating in the theft of digital assets valued at roughly $1.8 million. This incident, which unfolded on August 7, 2024, adds…