2024

Bitcoin

WazirX

Coin

<ul class="wp-block-list news-points"> 
 <li><strong>WazirX ends partnership with Liminal Custody after a $230 million crypto hack on July 18th. </strong></li> 
 <li><strong>WazirX migrates assets to new multisig wallets, ensuring maximum security post-breach. </strong></li> 
 <li><strong>Investors remain concerned as WazirX works to restore security and access to locked funds.</strong></li> 
</ul>   
<p>WazirX, a major Indian cryptocurrency exchange, is taking steps to safeguard its users’ assets after the recent security breach. The exchange has now announced the transfer of remaining assets from Liminal Custody to new multisig wallets.</p>   
<p>This move comes after the cyberattack on July 18, which resulted in the theft of approximately $230 million worth of cryptocurrencies. The latest exchange’ move is to mitigate risk and also to reassure its users.</p>   
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  <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
   <p lang="en" dir="ltr"><img src="https://s.w.org/images/core/emoji/15.0.3/72x72/1f44b.png" alt="👋" class="wp-smiley" style="height: 1em; max-height: 1em;"> Tribe! We want to keep you informed about the measures we're taking to safeguard crypto assets on the exchange. <br><br>We are in the process of migrating the remaining assets held with Liminal to new multisig wallets. This step is essential to ensure maximum security of the assets… <a href="https://t.co/3C8ort5P7D" target="_blank" rel="nofollow">pic.twitter.com/3C8ort5P7D</a></p>— WazirX: India Ka Bitcoin Exchange (@WazirXIndia) <a href="https://twitter.com/WazirXIndia/status/1823648822461149389?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">August 14, 2024</a>
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<p>The <a href="https://coinedition.com/wazirx-hack-explained-what-happened-whats-next/">July 18 hack</a> was one of the largest security breaches …</p>
<p>The post <a href="https://coinedition.com/post-hack-wazirx-prioritizes-security-shifts-assets/">Post-Hack, WazirX Prioritizes Security, Shifts Assets</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Post-Hack, WazirX Prioritizes Security, Shifts Assets

Coin Edition

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