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WazirX’s Crypto Heist: Probe Finds Attack Originated From Liminal's Infrastructure

- 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

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Kendall Lee

Stealth

3 months ago

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