Grant Thornton, a leading global auditor, has recently completed a thorough security audit of Liminal’s infrastructure in response to the hack that targeted WazirX on July 18. This audit was part of Liminal’s internal investigation into the incident to ensure the security of its own platform.
The comprehensive audit conducted by Grant Thornton found no evidence of compromise in Liminal’s frontend, backend, or user interface (UI). Liminal’s platform, which offers self-custody wallet services where private keys are held by clients, was cleared of any vulnerabilities related to the breach that led to losses of over $235 million.
Liminal’s internal investigation, which began immediately after the hack, focused on examining discrepancies in data payloads between its system and WazirX. The firm stated that its self-custody wallet infrastructure, designed to keep private keys and transaction initiations with the client, was not susceptible to the type of attack that occurred at WazirX.
The findings from Liminal’s investigation suggest that the breach likely originated from WazirX’s infrastructure. Discrepancies in data payloads from both sides point to external factors as the source of the compromise, refuting previous claims that the vulnerability may have come from Liminal’s infrastructure.
Despite being cleared in the audit, Liminal is taking additional steps to reinforce its security measures as a precautionary measure. The company remains committed to security and transparency, promising to provide updates to clients and users as more information becomes available.
In conclusion, Liminal’s systems have been confirmed secure following the audit conducted by Grant Thornton. The company’s focus on security and transparency remains steadfast, with ongoing efforts to strengthen security measures in response to the incident. All transactions in Liminal’s self-custody wallets are initiated by clients, further minimizing the risk of internal breaches.
