Welcome to the tech name Right Home for Thursday, July 18th, 2024. I'm Brian McCullough today.

It looks like crypto exchange hacks are back and so are the North Koreans, I guess, are the Meta-raybans selling

so well, Zuck might invest in the Ray-Ban maker, the continuing trend of tech companies

withholding products from Europe, and the state of play in terms of whether or not

the cops can get into your phone. Here's what you miss today in the world of tech.

I feel like it's been a while since we've had one of these but I'm not

deep in the crypto space as you know so maybe there's been a ton of these that I've

missed although none may be quite this big.

Indian crypto exchange Wazir X says one of its multi-sig wallets, quote, experienced a security breach

after more than $230 million in withdrawals took place.

Wasier X had 500 million in holdings in June so that would be almost half.

Quoting coin desk. We're aware that one of our multi-sig wallets has experienced a security breach.

Our team is actively investigating the incident, the exchange confirmed in an ex post, to ensure

the safety of your asset, INRNR and crypto withdrawals will be temporarily paused.

Blockchain sluth elliptic said that North Korean linked hackers appear to have perpetrated the attack.

The Stolten funds account for over 45% of the exchanges 500 million holdings, which it disclosed in a June report.

The Indian Exchange's live proof of reserve site was down for maintenance as of the time of writing. Was your ex identified the Mult-sig wallets provider as

crypto custody firm Liminal in a follow-up post hours after the initial

confirmation. It later deleted the post as Liminal said that the wallets that were created quote

Outside of the limo ecosystem have been compromised end quote

Multi-Sig wallets are a type of crypto wallet that requires two or more private keys to

authenticate and confirm transactions before they are processed. The

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