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Tag: Laminal

WazirX and Laminal Custody Trade Blame Over $230M Hack Incident

WazirX and Laminal Custody Trade Blame Over $230M Hack Incident

The Digital Heist That Shook the crypto World In a world where digital fortunes can be made and evaporated in the blink of an eye, the recent brawl between WazirX and Liminal Custody has thrown a harsh spotlight on the vulnerabilities present within the bowels of cryptocurrency security At the heart of this digital drama lies a staggering $230 million stolen right from under the digital vaults tasked to protect it, leaving the crypto community in shock and users in dire straits, searching for answers and assurances The Unexpected Breach In the digital age, security is paramount; hence, the reliance on multi-signature wallets— a tech designed to safeguard digital assets like a treasure chest requires several keys to open WazirX, one of the guardians of these digital treasures, trusted Liminal Custody to fortify their defenses However, what was supposed to be a secure transaction turned into a hacker’s paradise...

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