Digital painting / Raster businessman dog cheering
Dog-themed meme coin Shiba Inu is getting a lot of attention following a recent cybersecurity breach at major India-based crypto exchange WaxirX, which reportedly resulted in trillions of dollars in SHIBs being stolen. In response to the incident, Shiba Inu team member and head of marketing Lucy commented: A message from the heart He offered condolences to SHIB holders whose millions of dollars were stolen in the hack.
Trillions of Shiba Inu stolen in WazirX hack
Cryptocurrency hacks have increased significantly in frequency and severity in recent years, resulting in billions of dollars being stolen from cryptocurrency platforms and exposing weaknesses across the ecosystem. Indian cryptocurrency exchange WaxirX is the latest platform to fall victim to these attacks.
A few hours ago, it was reported that WazirX was exploited by cybercriminals, according to Lookonchain, a popular on-chain tracker on the X (formerly Twitter) platform. According to the on-chain tracker, hackers stole multiple crypto assets worth over $230 million from WazirX.
Shiba Inu The top cryptocurrency stolen by criminals was SHIB, followed by Ethereum, MATIC, PEPE, USDT, GALA, etc. Specifically, criminals stole over 5.43 trillion SHIB, valued at $102 million, from cryptocurrency exchanges.
Lookonchain reported that the wallet address of the crypto platform WazirXIndia was observed moving funds to an unknown wallet address, 0x04b2, which the tracker noted is hiding the stolen assets, as over 640.27 billion PEPE (worth approximately $7.6 million) stolen by the intruders have been sold since the incident.
Cryptocurrency investors are extremely concerned about the WaxirX security breach, especially those who hold SHIB tokens on the exchange, who have contacted Shiba Inu team members with the following: LucyA heartfelt message to the SHIB victims caught up in the breach.
“I sincerely hope that all SHIB holders get their money back and that WazirX India resolves this issue,” Lucy said. Shiv While the amount stolen from the platform is notable, it is tiny compared to SHIB’s overall volume.
She therefore urged the SHIBArmy not to be shaken by the incident and stressed the value of cooperation and support among members of the community. “See this as an opportunity, I will definitely do that,” she added.
The need for strengthened safety measures
Kaal Dhairya, the developer of the project, Expressed He expressed his sympathy to the SHIB holders who were affected by the hack. Karl expressed his displeasure over the attack and urged the Shiba Inu community to remain strong during these difficult times.
The breach highlights how important it is for cryptocurrency exchanges to step up their efforts. Cyber attacks We protect investor wealth to maintain confidence in the digital asset industry.
Featured image from iStock, chart from Tradingview.com
