Liminal still has WazirX logo on their website

- WazirX experienced a major security breach on July 18, leading to a loss of around $234.9 million during early European hours. - Preliminary investigation suggests the attack originated from Liminal's infrastructure, bypassing their final verification step. - The malicious transaction was not sent to any whitelisted destination addresses, which should have been blocked by Liminal’s firewall and whitelist policy. - WazirX has announced a $23 million bounty to recover the stolen $230 million assets and is conducting a forensic investigation. - Two potential scenarios are considered: a breach of Liminal’s infrastructure or malware on WazirX signers’ devices, with the former being more likely. Source: Inc42

Have you guys heard of Liminal Custody? Any reviews on the company culture? What do you think of their business model? Started by Mahin Gupta, Zebpay, has also been working with CBI to manage seized assets.

- WazirX customers unlikely to recover full funds after $234 million hack in July, says legal adviser. - At least 43% of customer funds are unlikely to be recovered, with best case scenario being a return of 55% to 57%. - WazirX seeks six months' protection from Singapore High Court while restructuring liabilities. - Company in talks to share profit from revenue-generating products but no concrete details provided. - Pressure mounts as CoinSwitch initiates legal action to recover $9.7 million worth of assets stuck on WazirX's platform. Source: [Techcrunch](https://techcrunch.com/2024/09/02/customers-of-indian-crypto-exchange-wazirx-unlikely-to-recover-full-funds/)

Hey developers@WazirX, CoinDcx and others I have plenty of questions. Others please resonate with me if you have faced the same. The listing takes places so late as compared to ither international exchanges. This leads to a massive lag(for the lack of better word) in hopping onto listing gains train. Any particular reason? Now that the bull run is about to come back and botht he number of users and transactions are increasing, everyday exchanges keep going down. I mean it's not like you guys are new or something and it's getting really really annoying to say the last at this point. Please hire good developers (no, I'm not one of them and wouldn't like to work for an exchange either) Any suggestions from the Grapevine community for alternatives ?

Annoying re kyce every few months. And bastards have very specific requirements of doc uploads. U have to have original pan card with you and only take its photo. No existing screenshots or soft copies work. Before this it happened twice. Once because they would not verify an uploaded Aadhar card scanned copy. Kept saying they couldn't read it. Same thing worked everywhere else. And before that they locked me out because of ProtonMail ban. Some dude called satvik vishwanath built this louda platform tbh (sorry).

Hey everyone, I am trying to get a referral for an APM role at CoinDCX. But it seems impossible through LinkedIn. I have been passionate about crypto for a long time and CoinDCX is probably one of the best in space. Would really appreciate it if anyone can help me with it! Thanks in advance!

- WazirX, one of India's largest cryptocurrency exchanges, has temporarily suspended all trading activities after losing about $230 million in a security breach. - The cyber attack compromised WazirX's ability to maintain a 1:1 collateral ratio with assets, raising concerns about the adequacy of its reserves. - Customer withdrawals were suspended after an attacker accessed one of the exchange's multi-signature wallets, which was protected by six signatories. - WazirX announced a bounty program of up to $23 million to recover the stolen assets, with risk-management platform Elliptic linking the attacker to North Korea. - The breach is significant, as WazirX reported holdings of about $500 million in its June proof-of-reserves disclosure, calling the event a 'force majeure.' Source: Techcrunch, Moneycontrol

So basically to make the losses to others ‘equitable’ I’ll only get 55% of my holdings? Looks like WazirX is playing Robin Hood in reverse - stealing from everyone to give to... well, themselves probably. What the fuck - how’s this legal?

Founder/ Fraudster Nishchal didn't utter a word about this 🤡.