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Zilliqa Suspends ZIL Transfers After Exchange Partner Cold Wallet Theft
Nidhi is a Certified Digital Marketing Executive and Passionate crypto Journalist covering the world of alternative currencies. She shares the latest and trending news on Cryptocurrency and Blockchain.
Zilliqa said an exchange partner suffered a security incident in which ZIL was stolen from a cold wallet. The blockchain team is investigating the incident with relevant parties and has asked exchanges to temporarily pause ZIL deposits and withdrawals to help prevent the movement or sale of the stolen funds. The affected exchange and the amount stolen have not been disclosed. Further updates are expected as the investigation continues.
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