WazirX Cryptocurrency Exchange Loses $230 Million in Major Security Breach
The Indian cryptocurrency exchange WazirX has acknowledged that $230 million worth of bitcoin assets were stolen as a result of a security incident that affected it.
One of our [multi-signature] wallets experienced a cyberattack that resulted in a loss of money surpassing $230 million, the business claimed in a statement. "Starting in February 2023, this wallet was managed through the use of Liminal's digital asset custody and wallet infrastructure.
The Mumbai-based business said that an inconsistency between the data that Liminal's interface showed and the data that was really signed was the cause of the assault. It claimed that the payload was changed such that an attacker could take control of the wallet.
One of the six signatories on the wallet is the cryptocurrency custody c...