Crypto Hack Weekly Report: Years Second Largest Hack Shakes the Blockchain World

Crypto Hack Weekly Report: Years Second Largest Hack Shakes the Blockchain World
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The post Crypto Hack Weekly Report: Years Second Largest Hack Shakes the Blockchain World appeared first on Coinpedia Fintech News
The last week has brought much unrest in the crypto market with several big crypto platforms being victims of various cyber attacks that have led to unprecedented losses in multi millions. From stolen user funds to Exploits of a contract, the Cryptocurrency community is always on the receiving end of the impact of weakness on security awareness. 
The $ 235 million WazirX hack; firm struggles to stay put
Indian-based exchange WazirX lost more than $230 million due to a breach on one of its multi-sig wallets bringing it to the second largest hack of the year. The initial assessment indicated that the wallet was compromised by the attackers who began rehearsing for the attack at least 8 days before it. 
WazirX, which the previously described incident exposed after importing the compromised wallet into their service known as Liminal Custody reite

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