Zilliqa asks exchanges to pause ZIL transfers after suspected cold wallet theft
Summary
Zilliqa is investigating a security incident tied to an exchange partner after ZIL was stolen from a cold wallet. As a precaution, it asked exchanges to temporarily pause ZIL deposits and withdrawals while the investigation continues. It did not reveal how much ZIL was taken, which exchange partner was affected, or what caused the incident. Zilliqa said it will provide more updates once information is verified. ZIL, the network’s native token used for fees and smart contracts, was trading around $0.0025, down 7.1% over 24 hours.
