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WazirX: Suspected attack incident originated from the third-party operational custodian Liminal being hijacked, with losses exceeding 230.00 million US dollars.

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Odaily
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Jul 18, 2024

Odaily Planet Daily News: Indian crypto exchange platform WazirX has disclosed the preliminary investigation results of the recent attack. WazirX stated that one of the platform's multi-signature wallets was targeted in a cyber attack, resulting in a loss of over 230.00 million US dollars. Since February 2023, the wallet has been operated using Liminal's digital asset custody and wallet infrastructure services. The report indicates that the cyber attack originated from discrepancies between the data displayed on the Liminal interface and the actual transaction content. During the attack, the information shown on the Liminal interface did not match the actual signed content. WazirX suspects that the payload was replaced to transfer wallet control to the attacker. WazirX concluded by stating, "This is a force majeure event beyond the team's control, but the team is making every effort to locate and recover the funds. Some deposits have been frozen, and the team has reached out to relevant wallets for recovery."

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