**News Flash: Major Cyberattack Hits Indian Crypto Exchange WazirX**
In a major cyberattack, Indian cryptocurrency exchange WazirX has lost over $230 million from a multisig wallet. The breach occurred due to discrepancies between data on Liminal’s interface and actual transaction contents, allowing the hacker to gain control and steal the funds.
- **Security Measures**: Despite using the Gnosis Safe multisig platform and a whitelisting policy, the attack exploited these defenses.
- **Liminal’s Statement**: Liminal confirmed their platform remains secure, stating the malicious transactions occurred outside their system.
- **Regulatory Hurdles**: India lacks specific crypto regulations, prompting Prime Minister Modi to call for a global framework at the G20 Summit.
- **WazirX’s Response**: The exchange is working with cybersecurity teams to recover the stolen assets and has assured stakeholders of ongoing efforts.
Stay tuned for further updates on this developing story.