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Indian cryptocurrency exchange WazirX is taking significant steps to address a recent cyberattack that resulted in the loss of $230 million, equivalent to 45% of its total customer funds. The company is in the process of reversing all trades made after withdrawals were halted due to the attack. Additionally, WazirX has decided to sever its relationship with custody provider Liminal following the $235M hack. The exchange is also moving funds to new wallets as part of its efforts to enhance asset security.
#Wazirx Moves Funds to New Wallets After $230M #Crypto Theft https://t.co/PhNR073oTL
WazirX revamps asset security, severs ties with Liminal over $235M hack https://t.co/i9wDqigNjD
WAZIRX ENDS RELATIONSHIP WITH CUSTODY FIRM AFTER $230M EXPLOIT - Back in July, Indian crypto exchange, WazirX was exploited for some $230 million worth of digital assets, marking one of the biggest exploits of the year so far. - Following the incident, which saw some 45% of… https://t.co/DmiKN7jURs https://t.co/EO41L7zreu
