Security of Liminal Ensured: Grant Thornton Confirms No Breach of Its Systems
After a thorough investigation carried out in reaction to WazirX’s hack on July 18, eminent worldwide auditor Grant Thornton has verified Liminal’s infrastructure’s security. Liminal conducted an internal investigation and hired outside auditors to evaluate any potential vulnerabilities in its own platform in response to the attack that affected WazirX’s servers. The company restated that no breach had affected any of its systems.
The website, which provides self-custody wallet services in which users retain their private keys, was found to be free of security flaws. Liminal lost approximately $235 million in the event, but the third-party assessment gave additional reassurance that its systems were safe. Immediately following the intrusion, Liminal initiated an internal investigation of its own, thoroughly examining any disparities in data payloads between WazirX and Liminal’s system.
Liminal Confirms WazirX Hack Couldn’t Have Affected Its Self-Custody Wallets
Liminal said that WazirX‘s attack was not possible with its self-custody wallet architecture, which is built to keep private keys and transaction initiations with the client. According to Liminal’s findings, it appears that WazirX’s infrastructure was most likely compromised. It went on to say that differences in the data payloads from the two sides further suggest that outside influences are the cause of the hack.
According to what the exchange had previously said, Liminal‘s infrastructure might have been the source of the vulnerability. Liminal underscored its dedication to security and openness, pledging to carry out further research and notify customers and users when new details come to light.
Our focus on security and transparency is unwavering, and we are further strengthening our security measures in light of this incident.
Liminal
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