Hacker Stole $80 Million From Liquid Exchange

An unknown hacker attacked the Japanese exchange Liquid Global and stole over $80 million in digital assets.

After detecting the attack, the Liquid exchange suspended the possibility of withdrawing and depositing funds on deposits and published the addresses of the wallets to which the stolen assets were moved.

The exchange representatives added that only warm wallets were affected by the attack, and the assets were moved to cold storage. Liquid also promised to provide regular updates as their investigations progress.

The KuCoin exchange, according to its CEO Johnny Liu, immediately reacted to the hack report by blacklisting the addresses involved in the attack.

While Liquid has yet to release data on exactly how much money was stolen, Cointelegraph found that over 107 BTC, 9,000,000 TRX, 11,000,000 XRP, and nearly $60 million worth of ETH and ERC-20 tokens were stolen.

Not so long ago, the cryptocurrency society was stirred up by the shocking news of the Poly Network hack, which has already been dubbed the largest not only in the decentralized finance (DeFi) network but in the entire history of the crypto industry. The hacker returned all the stolen funds and even rejected a reward for identifying a vulnerability in the Poly Network system.

Post a Comment