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Jul 22

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...

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