Blockchain forensics firm Elliptic told Cointelegraph that specific patterns and techniques in the WasirX attack led them to believe North Korean hackers were behind the incident.
Blockchain data analysts believe that the exploit involving India’s WazirX exchange, which led to over $200 million in losses, was conducted by North Korean hackers.
On July 18, WazirX paused withdrawals for crypto and Indian rupees (INR) after reports of a hack began circulating online. Web3 security firm Cyvers flagged that an unauthorized actor had moved about $234.9 million in digital assets from the Safe Multisig wallet to a different address.
The wallet contained more than 200 different digital assets, including Shiba Inu (SHIB), Ether (ETH), Tether (USDT), Polygon (MATIC), PEPE (PEPE), Floki (FLOKI) and many others.
