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Zilliqa hack triggers exchange freeze as ZIL theft confirmed




















Zilliqa hack triggers exchange freeze as ZIL theft confirmed – HOKANEWS.COM

















































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Crypto Hack News Today highlights three major cybersecurity incidents, including the Zilliqa cold wallet theft, the TeleSwap bridge exploit, and the B

Zilliqa confirms cold wallet security incident

  • The identity of the affected exchange.

  • The amount of ZIL stolen

  • The method used by attackers.

  • If the private keys were compromised

  • Whether internal access played any role

Why cold wallet theft is so unusual

  • Compromised signing devices

  • Stolen hardware wallets

  • Internal threats

  • Poor operational security

  • Unauthorized physical access

  • Weak multi-signature procedures

Exchanges temporarily suspend ZIL transfers

The investigation continues

  • The origin of the commitment

  • The total amount stolen

  • If additional portfolios were affected

  • Possible recovery options

Market reaction after the announcement

Metric Worth
ZIL price $0.002509
24 hour change -1.48%
Market capitalization $50.38 million
24-hour trading volume $47.56 million
Volume increase +496.7%
Fully diluted valuation $52.69 million
Circulating supply 20.08 billion ZIL

TeleSwap suffers $735,000 cross-chain exploit

Unlike centralized exchanges, cross-chain bridges have repeatedly become one of the most attractive targets for hackers.

Kenyan Presidential Website Targeted in Bitcoin Ransom Attack

Why Crypto Infrastructure Is Still a Top Target

  • Cryptocurrency exchanges

  • Bridges between chains

  • Wallet providers

  • Custody platforms

  • Identity systems

  • Government websites connected to digital services

Lessons for investors

The bigger picture

Conclusion

Disclaimer:


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