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Breaking! WazirX To Migrate Remaining Assets Held With Liminal to Multisig Wallets!

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By on August 14, 2024 Altcoin, Bitcoin, Regulations, Trading, Web3
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The post Breaking! WazirX To Migrate Remaining Assets Held With Liminal to Multisig Wallets! appeared first on Coinpedia Fintech News

WazirX has announced that it is in the process of migrating the remaining assets held with Liminal to new multisig wallets. It stated that this step is essential to ensure maximum security of the assets in light of recent events. The exchange faced criticism from customers for their inability to withdraw funds and an alleged lack of transparency. Co-founder Nischal Shetty asked customers to give the exchange some time to resolve the issue. The exchange is exercising extreme caution in how and when the assets are moved, considering the complexity involved.

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