Security Breach At WazirX: Liminal Responds
Recently, there was a $230 million hack at Indian crypto exchange WazirX, involving allegations against crypto custody service provider Liminal. Liminal has refuted claims that the incident was linked to its infrastructure.
Accusations and Clarity 🛡️
– Liminal spokesperson denies compromise of company systems
– Emphasizes external source of incident
– Compromised smart contract wallet not part of Liminal’s infrastructure
– Wallet allegedly created independently and imported to Liminal platform
– Comprehensive security measures urged across platforms for incident prevention
Liminal’s Defense and Response 🛡️
Liminal’s official response contradicting WazirX’s claims:
– Platform integrity affirmed
– No breaches reported
– Only one client wallet affected, not Liminal’s own infrastructure
Conflict Between Liminal and WazirX ⚔️
– WazirX’s internal investigation implicates Liminal’s infrastructure involvement
– Malicious transactions allegedly utilized Liminal’s infrastructure for validation
– Liminal’s preliminary investigation points to customer-level compromise, not internal breach
Continued Operation and Security Measures 🚀
Liminal’s assurance of platform integrity and continued operations:
– Seamless operation
– Ongoing transfers and withdrawals processing
– Assets securely protected, including significant funds for WazirX held on Liminal’s infrastructure
Staying Secure Amidst Challenges 🔒
– Infrastructure, wallets, and assets deemed secure post-intrusion
– Ongoing customer service and operational functionalities undisturbed
– Emphasis on comprehensive security protocols for safeguarding assets
Conclusion 📌
The recent security breach highlights the importance of robust security measures in the crypto space. Liminal’s response and commitment to security underscore the evolving landscape of cybersecurity in digital assets.
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