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Crypto’s Magic Trick: Getting Robbed Blind, but Walking Away With Your Wallet! (Mostly)

A comic illustration depicting a magician performing a magic trick with a top hat overflowing with coins and cryptocurrencies. However, instead of pulling out the stolen money from thin air as expected, the magician is shown handing over bags filled with recovered Dai (DAI) tokens to an eager figure in the background. Meanwhile, another scene shows a darkened stage representing WazirX's failed recovery efforts, with scattered notes and broken chains symbolizing lost funds.

Crypto: Where You Can Get Hacked and Still Make Out Like a Bandit (Sort Of).

Source: cointelegraph

Leveraging yield protocol, Shezmu recovered nearly $5 million of stolen funds within hours of successfully negotiating with a hacker. On Sept. 21, Chaofan Shou, the co-founder of blockchain analytics firm Fuzzland, alerted against a compromised storage vault belonging to Shezmu. While uncertain if the incident was a rug pull or a genuine hack, Shou confirmed that roughly $4.9 million worth of cryptocurrencies was stolen in the process. Source: Chaofan Shou […]

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