Liminal responds to chargesheet; provides investigation details on WazirX hack

Quick Summary:

Liminal provided services related to the hacked multi-signature wallet, which was used to steal $234 million worth of assets from WazirX.

Hot wallets are connected to the internet and enable quick transactions, while cold wallets are stored offline and provide greater security.

Any transaction from its multi-signature wallet required approval from three of the company’s signatories, followed by a final authorisation from Liminal.

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Article Details

Author / Journalist: Sai Keerthi

Category: StartupsEconomyBusiness

Markets: IndiaSingapore

Topics: Company Hack Liminal Data Provide Authorities Multi-signature Wallet Wallets Wazirx Chargesheet

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-14 @ 12:32:34 (1 weeks ago)

News Timezone: GMT +8:00

News Source URL: yourstory.com

Language: English

Article Length: 478 words

Reading Time: 3 minutes read

Sentences: 24 lines

Sentence Length: 20 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © YourStory

News ID: 23585057

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Main Topics: StartupsEconomyBusiness

Official Website: yourstory.com

Update Frequency: 7 posts per day

Year Established: 2008

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News Last Updated: 8 hours ago

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