liminal

ChainCatcher news, according to dynamic data from RootData X, in the past 24 hours:The decentralized exchange based on Linea, Etherex, has attracted attention from former ConsenSys Mesh partner Shawn Cheng, DeFi super user DeFi Dad, and others.The Hyperliquid yield protocol Liminal has garnered interest from DeFi Dojo founder Stephen, Haun Ventures investment assistant Breck Stodghill, and others.The Italian cryptocurrency exchange [Young Platform](https://www.rootdata.com/zh/Projects/detail/Young Platform?k=NjQwOA== "Italian cryptocurrency exchange") has caught the eye of GBV Capital investment manager Minion, Pudgy Penguins, and others.The composable on-chain trading engine Decibel has attracted attention from Aptos co-founder and CEO Avery Ching, as well as Chinese KOLs such as Lu Yaoyuan, Feng Mi, and spark.

ChainCatcher news, according to Cointelegraph, as WazirX undergoes debt restructuring following a hacker attack, its digital custody partner Liminal issued a statement addressing security vulnerabilities. Today, Liminal released an update in response to WazirX's so-called "false advertising campaign," clarifying its role in the incident.The statement said that although WazirX accused Liminal of causing a $235 million theft in July, WazirX continues to use its digital custody services, holding over $175 million in assets on its platform. Liminal emphasized that it cannot initiate transactions involving WazirX funds and stated that only the WazirX team has the capability to execute such transactions.

ChainCatcher news, according to Coindesk, the Indian crypto exchange WazirX announced that it will terminate its partnership with Liminal and transfer the remaining funds in Liminal to a new multi-signature wallet.WazirX stated that the $230 million hack in July was related to the multi-signature wallet using Liminal's digital asset custody service. Liminal, on the other hand, refuted that its infrastructure was compromised.

ChainCatcher news, according to Decrypt, Indian cryptocurrency exchange WazirX was hacked this month, resulting in a loss of $230 million. The compromised multi-signature smart contract wallet used in the attack was reportedly imported to the Liminal platform.However, cryptocurrency custody service provider Liminal refuted claims that the attack involved its infrastructure. A spokesperson stated that the company's systems were not breached, leading to WazirX's loss of $230 million in crypto assets. The spokesperson said, "As a wallet infrastructure support platform, we emphasize that this incident originated externally, highlighting the critical importance of comprehensive security measures across platforms."

ChainCatcher message, WazirX announced the preliminary investigation results of the attack on social media, which mainly include:There is no evidence that the machines of WazirX signers were compromised;The attack may have originated from Liminal's infrastructure, bypassing their final verification step;Contrary to some reports, no malicious transactions were signed before July 18, 2024;The attack involved a contract upgrade.WazirX believes that the attack was most likely due to vulnerabilities in Liminal's infrastructure leading to malicious transactions.

ChainCatcher news, according to CoinDesk, WazirX and Liminal Custody are blaming each other for the $230 million cryptocurrency attack that occurred yesterday, leading to user concerns about the safety of their funds. WazirX stated that the attack involved a multi-signature wallet using Liminal's digital asset custody service. The attack was caused by discrepancies between the data displayed on the Liminal interface and the actual content of the transactions. Liminal, on the other hand, claimed that its infrastructure was not compromised and that all wallets, including WazirX's wallets, are secure. Liminal mentioned in a blog post, "Unfortunately, three victim machines injected malicious code into the transactions, indicating that this was a complex and planned attack targeting a specific Gnosis smart contract multi-signature wallet."WazirX filed a police report today and contacted the Indian Computer Emergency Response Team (CERT-In). According to a transparency report from June, the stolen funds accounted for over 45% of its $500 million holdings. Cryptocurrency security firm Elliptic stated that North Korean hackers appear to be behind the attack.

ChainCatcher message, WazirX released a security incident update on X: "This security issue appears to involve one of our Liminal multi-signature wallets. Our team is actively addressing this matter and will provide further updates thereafter."

ChainCatcher news, according to CoinDesk, the subsidiary of the Singapore-based custody service provider Liminal, First Answer Middle East, has obtained a Financial Services License (FSP) from the Financial Services Regulatory Authority (FSRA) of the Abu Dhabi Global Market (ADGM), allowing it to operate as a regulated custodian in the Middle East.

ChainCatcher news, according to official sources, digital asset custody service provider Liminal has announced that it has received preliminary approval for digital asset custody services in the UAE. Once formal licensing is obtained, the team will oversee its custody operations in the Middle East, which includes supervising compliance and security protocols, risk management, and audit procedures to protect client assets.Additionally, the Web3 asset data platform RootData shows that Criminal is a digital asset management platform and multi-signature wallet that allows everyone to easily and securely manage their digital assets.

ChainCatcher news, according to CoinDesk, the Central Bureau of Investigation (CBI) of India has appointed the digital asset custody firm Liminal to manage the seized digital assets. Liminal has already formed a specialized team to support CBI operations, which has created multi-signature and multi-party computation wallets to securely store the seized assets, although details of the operation have not been disclosed. Recently, India has witnessed at least two major cryptocurrency scams, including a $300 million scam that led to the arrest of 18 people and a $120 million scam that resulted in the arrest of at least 2 individuals.

ChainCatcher news, according to Forbes India, wallet infrastructure and digital asset custody service provider Liminal has obtained a TCSP (Trust or Company Service Provider) license in Hong Kong, enabling the company to offer regulated digital asset custody services in Hong Kong. (Source link)