WazirX Hack: Investigation Points to Possible Breach in Liminal's Infrastructure
Jul 25, 2024
A recent hack on the Indian cryptocurrency exchange WazirX involved a breach that exploited the infrastructure of their multi-party computation (MPC) wallet provider, Liminal. The attack resulted in the loss of approximately $235 million. WazirX's preliminary investigation found no evidence of compromise in their own systems, suggesting that the breach likely originated from Liminal's infrastructure. The attackers managed to execute transactions using both WazirX and Liminal signatures, circumventing the safeguards set up by the platform .Liminal, however, maintains that their server infrastructure was not breached and that the attack could have involved the compromise of WazirX's devices. The investigation is ongoing, with third-party experts involved to uncover the full details .
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