July witnessed $266 million in cryptocurrency losses from 16 attacks, with WazirX being the largest victim of North Korean hackers.
In July, online hackers stole around $266 million from the cryptocurrency ecosystem and its investors through 16 separate attacks.
On July 18, Indian crypto exchange WazirX lost over $230 million to a major hack — representing 86.4% of the total crypto lost to hacks in the month. After independent investigations, the hack was attributed to North Korean hackers, based on the patterns and techniques of the exploit.
Blockchain investigation firm PeckShield reported that the stolen WazirX funds, totaling 61,154 Ether (ETH), remain under the hacker’s control as of Aug. 1.
