Krutika Adani
In a shocking event, the crypto exchange WazirX was exploited for at least $230 million.
Liminal Digital Asset Custody maintained the wallet from which funds were drained.
The exchange shared the news from its social media handles confirming the hack.
The exchange also confirmed that the hacked wallet was a high-security multi-signature wallet that required multiple authentications before any activity.
WazirX has effectively paused deposits and withdrawals on its platform after the hack.