-
WazirX crypto exchange suffers security breach, resulting in $230 million in withdrawals.
-
The breach affected one of its multisig wallets, compromising user funds.
-
WazirX and Liminal Custody are investigating the incident, with withdrawals temporarily paused.
Indian cryptocurrency exchange WazirX has experienced a significant security breach, resulting in the withdrawal of over $230 million. The breach affected one of its multisig wallets, which are designed to provide an added layer of security. WazirX has temporarily paused all withdrawals and is actively investigating the incident, with the assistance of Liminal Custody.
The security breach has compromised user funds, and WazirX has urged users to revoke all approvals to protect their assets. Liminal Custody has clarified that its platform was not breached and that all WazirX wallets created on its platform remain secure.
