The partnership between Liminal Custody on WazirX was intended to bolster security for crypto traders. However, the recent hack has exposed significant flaws in their system, resulting in a multi-million-dollar loss. The incident has forced both companies to review their security protocols and address gaps in their defenses. As more details emerge, it’s becoming clear that even well-established platforms can be vulnerable to sophisticated cyberattacks, raising concerns across the entire crypto community.