Top

Liminal claims not at fault for WazirX theft

July 31, 2024, 3:45 PM
Indian cryptocurrency exchange WazirX, which recently suffered the loss of funds through a hack, has stated that it understood that the theft issue was not due to damage to the exchange's equipment, but rather related to a contract upgrade by Liminal, a Singaporean digital asset custody service provider. Liminal has refuted the claim, according to Decrypt. The company explained that as a wallet infrastructure support platform, Liminal pointed out that the incident started from an external source. WazirX had previously pointed out that the cause of the $230 million theft was Liminal's multi-sig wallet.

Log in to leave comments!

Share insights, connect ideas
Log In
Loading