Unveiling the Wallet behind the Cyber Heist WazirX: A Deep Dive by Foresiet

Introduction

In today's digital age, cyber theft has become a rampant issue, with malicious actors constantly devising new ways to exploit vulnerabilities and steal valuable assets. At Foresiet, our mission is to stay ahead of these threats by providing comprehensive threat intelligence and cybersecurity solutions. In our latest investigation, we have uncovered a cryptocurrency wallet potentially linked to a significant cyber heist.

This blog post delves into the details of the wallet's activity and the swift actions taken by WazirX in response to the breach.

Wallet Identification

Stollen Ethereum wallet details

Despite having no bio or earnings listed, this wallet has managed to attract 103 followers while following none. Over the past 365 days, the wallet has been receiving various cryptocurrencies and transferring large amounts to accounts that have remained inactive for an average of 254 days.

Collected screenshot form wallet details

Notably, there have been transactions within the last six hours, suggesting attempts to sell the stolen crypto.

Recent Announcements from WazirX

WazirX, one of the leading cryptocurrency exchanges, has been directly impacted by this cyberattack. The platform has issued several updates and has taken immediate actions to address the situation.

Announcement form Wazirx

Update:

Immediate Actions:

Plan of Action:

WazirX thanks its community for their patience and understanding and promises to provide further updates as the investigation progresses.

Transaction History

The identified wallet has been active on the Ethereum blockchain, transacting 173 times. Below is a summary of its transaction history:

Notable Internal Transaction

Internal Wallet Transactions

Ethereum Transaction:

Ethereum Transaction

Ethereum Transaction

This transaction was first broadcasted on the Ethereum network on July 18, 2024, at 11:07 AM GMT+5:30. The transaction currently has 9,596 confirmations on the network, and its current value is ₹0.00.

About us!

Foresiet is the pioneering force in digital security solutions, offering the first integrated Digital Risk Protection SaaS platform. With 24x7x365 dark web monitoring and proactive threat intelligence, Foresiet safeguards against data breaches and intellectual property theft. Our robust suite includes brand protection, takedown services, and supply chain assessment, enhancing your organization's defense mechanisms. Attack surface management is a key component of our approach, ensuring comprehensive protection across all vulnerable points. Compliance is assured through adherence to ISO27001, NIST, GDPR, PCI, SOX, HIPAA, SAMA, CITC, and Third Party regulations. Additionally, our advanced antiphishing shield provides unparalleled protection against malicious emails. Trust Foresiet to empower your organization to navigate the digital landscape securely and confidently.