Zilliqa asks exchanges to pause ZIL transfers after suspected cold wallet theft
Cointelegraph 2026-07-20 12:03:35
Context: The cryptocurrency Zilliqa's exchange partners have halted deposits and withdrawals of ZIL after a security breach involving a cold wallet used by one of its exchange partners. The incident has prompted Zilliqa to request that exchanges pause ZIL transfers. The extent of the theft is currently unknown.
Key Facts
- Zilliqa requested that exchanges pause deposits and withdrawals of ZIL due to a security breach involving an exchange partner's cold wallet that was compromised.
- The breach involved an undisclosed amount of ZIL being stolen from the compromised cold wallet of one of Zilliqa's exchange partners.
- The incident led to a temporary halt in ZIL transfers on exchanges partnering with Zilliqa, as a precautionary measure to prevent further unauthorized transactions.