Multiparty computation (MPC) wallet provider Liminal said its infrastructure remains safe and was not compromised in the recent hack of India-based crypto exchange WazirX.
The firm made the statement in its post-mortem report on July 19. The report attributes the breach to compromised devices within WazirX’s network, clarifying that Liminal’s user interface (UI) was not responsible.
The exchange had earlier stated that the attack occurred due to a discrepancy between the data displayed on Liminal’s interface and the actual contents of the transactions. WazirX said its private keys were secured with hardware wallets.
Liminal’s post-mortem
According to Liminal, the July 18 breach, which resulted in an estimated $235 million loss, occurred because three of WazirX’s devices were compromised.
Liminal explained that its multi-signature wallet system was configured to provide a fourth signature if three valid signatures were received from WazirX. This setup allowed the attacker to e
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