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Another Lazarus Group Attack? Decoding Wazirx Multisig Wallet’s $235M Exploit
SummaryOn 18th July 2024, WazirX, a prominent cryptocurrency exchange, experienced a catastrophic security breach resulting in a loss of over $235 million. The attack was meticulously planned and executed over 10 days, ultimately compromising their multisig wallet by upgrading it to a malicious implementation. This detailed report provides an in-depth analysis of how the hack occurred, the specific vulnerability exploited, the current efforts by WazirX to resolve the situation, and how they c...

Another Lazarus Group Attack? Decoding Wazirx Multisig Wallet’s $235M Exploit
SummaryOn 18th July 2024, WazirX, a prominent cryptocurrency exchange, experienced a catastrophic security breach resulting in a loss of over $235 million. The attack was meticulously planned and executed over 10 days, ultimately compromising their multisig wallet by upgrading it to a malicious implementation. This detailed report provides an in-depth analysis of how the hack occurred, the specific vulnerability exploited, the current efforts by WazirX to resolve the situation, and how they c...