WazirX and Liminal Custody Blame Each Other for $230 Million Crypto Hack
Indian crypto exchange WazirX and digital asset custody service Liminal Custody are blaming each other for the $230 million exploit that occurred after three WazirX wallets were breached. WazirX claims that a discrepancy on Liminal's interface triggered the loss, while Liminal denies any breach in its infrastructure and says that all wallets remain safe. The stolen funds account for over 45% of WazirX's $500 million holdings, and security firm Elliptic believes that North Korean hackers are behind the hack. WazirX has filed a police report and engaged with the Indian Computer Emergency Response Team.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Google Cloud Unveils Blockchain RPC Service: What It Means for Adoption
Critical FED Interest Rate Decision Expected in Bitcoin Today! What Time Will It Be Announced? Here Are the Expectations and Things to Know!
While the FED's interest rate decision is awaited in Bitcoin today, it remains unclear whether the FED will reduce interest rates by 25 basis points or 50 basis points.
Last Minute Interest Rate Announcement from BofA and Two Companies – Here is the Decision They Expected Just Ahead
Analysts from BofA and two other firms shared their latest expectations for the Fed's interest rate decision, which is now just minutes away.
The FED’s Decision is Just Minutes Away: Here is the Decision Time and Expectations According to the Latest Data
The FED's eagerly awaited decision is now just minutes away. So, what are the expectations according to the latest data?