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Home/News Feed/Zilliqa halts ZIL trading after theft from exchange partner's cold wallet.

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Zilliqa halts ZIL trading after theft from exchange partner's cold wallet.

Market News

20 Jul 2026

Crypto Briefing

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Bearish

Zilliqa revealed that an unnamed exchange partner experienced a security breach resulting in the theft of ZIL tokens from a cold wallet. To prevent further losses, Zilliqa has asked all exchanges to suspend ZIL deposits and withdrawals while investigations continue. The breach is unusual as cold wallets are typically highly secure, suggesting possible insider involvement or operational security failures. The incident affects traders' ability to move ZIL tokens currently, and the investigation is ongoing to determine the full impact and cause.

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