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Zilliqa's ZIL tokens stolen from a cold wallet at a partner exchange, prompting deposit and withdrawal freeze.

Market News
21 Jul 2026
CrowdFundInsider
View Source
Bearish
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On July 20, 2026, Zilliqa revealed that ZIL tokens were stolen from an offline cold wallet managed by a centralized exchange partner. This rare breach of a cold wallet, typically highly secure, raises concerns about vulnerabilities in third-party custody. Zilliqa has paused all ZIL deposits and withdrawals on affected platforms to prevent further asset movement while investigating the incident. Details like the stolen amount and the exchange involved remain undisclosed, and the project urges users to follow official updates only. The incident caused a roughly 7% drop in ZIL's price initially, highlighting risks in digital asset custody and the importance of diversified security measures.

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