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Zilliqa: Security Incident at CEX Partner, ZIL Stolen from Cold Wallet

Kucoin • July 21, 2026

According to Huoxing Finance, on July 20, Zilliqa officially announced that it became aware of a security incident involving a CEX partner, during which a portion of ZIL was stolen from a cold wallet. The incident is currently under investigation, and the team is working with relevant parties to determine the root cause and extent of the impact. As a precautionary measure, Zilliqa has notified all CEXs to temporarily suspend ZIL deposits and withdrawals to prevent the stolen funds from being transferred or sold through centralized platforms. The official statement noted that further updates will be released after verification, and urged the community to pay attention only to information published through official channels.

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Zilliqa Reports Theft of ZIL from Cold Wallet of Exchange Partner Zilliqa confirmed a security incident on July 20, 2026, involving the theft of ZIL assets from a cold wallet belonging to a centralized exchange partner. The incident is under investigation, with Zilliqa collaborating with relevant parties to assess the situation. As a precaution, Zilliqa has advised all centralized exchanges to temporarily halt ZIL deposits and withdrawals to prevent further loss. The extent of the stolen assets has not been disclosed, but the incident raises concerns about the security of third-party wallets in the crypto ecosystem. Zilliqa's trading activity has shown signs of caution among investors, reflecting heightened security concerns in the market. The company plans to release further updates after verification of the incident. The situation emphasizes the need for improved security protocols across cryptocurrency exchanges. 2 sources 55

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Zilliqa