Zilliqa says ZIL was stolen from a partner exchange cold wallet

Zilliqa said ZIL held in a cold wallet was stolen in a security incident at one of its partner exchanges. An investigation is underway to determine the cause of the incident and the scale of the losses. To prevent further damage, Zilliqa has asked all exchanges to temporarily suspend ZIL deposits and withdrawals to keep the stolen funds from moving through exchanges. Zilliqa said it will provide further updates as confirmed facts become available and urged users to rely only on official Zilliqa channels for related information. Earlier, South Korean exchange Bithumb had temporarily suspended ZIL deposits and withdrawals over suspected security concerns.