The bug, which originated in 2019, compromised private keys via on-chain signatures, potentially allowing unauthorized access to user wallets. Zilliqa took immediate action by halting all native transactions to mitigate potential risks and secure user funds. The move aims to prevent any further exploitation of the vulnerability.

Source
"Zilliqa Halts Transactions Due to Ledger App Bug" — The Block

This article is Bitcoincryptos' summary and analysis of reporting originally published by The Block. Read the full original report at the link above.

The issue has been linked to a specific version of the Ledger app for Zilliqa's native token, ZIL. Users are advised to update their software and take necessary precautions to protect their wallets.

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