Zilliqa reports theft of ZIL tokens from exchange partner’s cold wallet
Crypto Briefing 2026-07-20 10:36:32
Context: The cryptocurrency platform Zilliqa reported a theft of its ZIL tokens from a partner exchange's cold wallet. In response, Zilliqa requested that all exchanges suspend deposits and withdrawals of ZIL tokens. This incident has potentially significant implications for the trading and security of ZIL tokens.
Key Facts
- Zilliqa disclosed that ZIL tokens were stolen from an exchange partner's cold wallet, a type of secure storage solution used to protect digital assets from hacking and theft.
- The company asked all exchanges to suspend deposits and withdrawals of ZIL tokens during the incident, likely to prevent the further movement of stolen funds and assess the situation.
- The incident was reported by Crypto Briefing, a website that provides news and analysis on the cryptocurrency and blockchain industry, as indicated by the source URL https://cryptobriefing.com/zilliqa-zil-exchange-cold-wallet-theft/.