The Great Crypto Debate: WazirX vs Liminal Custody in $230 Million Theft
In Short: A massive cyberattack has resulted in the theft of over $230 million from the Indian cryptocurrency exchange WazirX, with forensic analysis by Mandiant Solutions providing some clarity on the incident. Mandiant's report, which focused on three key laptops used by WazirX, found no evidence of compromise in these devices, implying that the attack did not stem from internal vulnerabilities. However, the scrutiny has shifted to Liminal Custody, which managed the wallet from which the funds were stolen. Liminal has disputed…
By Vishal Kumar
August 20, 2024
