- The Japanese crypto exchange Liquid was attacked by a group of hackers who have made more than $ 97 million dollars.
- Through a statement, the crypto exchange revealed that some of its digital wallets had been “compromised.”
- The theft took place on 69 different crypto assets and they were sent to other exchanges or DeFi exchanges.
Hacks seem to never stop in the world of cryptocurrencies. Now, as years ago, it was the turn of the Japanese crypto exchange called Liquid where an alleged group of hackers have made more than $ 97 million dollars.
Everything was happening as usual when Liquid users in Japan and Singapore realized that both deposits and withdrawals in cryptocurrencies from the Japanese crypto exchange were suspended.
Within a few minutes the team of Liquid, one of the top 20 crypto exchanges worldwide, published on social networks what all users of a crypto exchange fear the most, We have been hacked!
Through a press release the crypto exchange revealed that some of its digital wallets had been “compromised”. More specifically, they had found “unauthorized access to some of these business crypto wallets.”
In addition, the statement revealed that approximately $ 92 million had been illegally withdrawn from the crypto exchange. Later it was revealed that they were more than $ 97 million dollars.
“Of this amount, $ 16.13 billion in USDe of ERC-20 assets has been frozen (deactivated for on-chain movement) thanks to the assistance of the crypto community and other exchanges.”The Liquid statement reads.
The theft took place on 69 different crypto assets and they were sent to other exchanges or DeFi exchanges.
According to the latest statements from the Liquid team, the process of testing and migration of the remaining crypto assets to cold wallets is ongoing. In addition The crypto exchange has already contacted third-party companies to reinforce the entire technological infrastructure of the platform.
“A more in-depth investigation of the attack and the identification of the responsible parties is underway. We are in contact with the relevant authorities in both Japan and Singapore regarding this incident.”. It expressed the crypto exchange.
As of this writing, some 9 different crypto wallets where cryptocurrencies are slowly falling have been receiving amounts of BTC. These addresses have already been sent to many of the other 19 top crypto exchanges for blacklisting.
And the users?
At the moment nor if there is information if the Liquid hack goes beyond a “simple” hack of the crypto firm’s wallets, such as the theft of the private information of its users. In addition, it is not known if any user was affected by the withdrawal of these $ 97 million dollars.
However, Japanese crypto exchange Liquid has already taken a number of steps to ensure the damage continues to spread. In the first place, it has canceled the withdrawal and deposit of cryptocurrencies to the platform (the deposit and withdrawal in fiat money is ongoing).
Although, in the latest press release Liquid’s team has revealed that so far the date for the restart of operations is scheduled for August 30.
On the other hand, the crypto exchange has alerted its users that the addresses of their wallets have changed as part of the migration process to the new platform, so it urges its users to be attentive to these changes for when withdrawals and deposits in cryptocurrencies resume.
Hacks on crypto exchanges
This is the second major hack of the month in the world of cryptocurrencies, the first was that of PolyNetwork where more than $ 600 million dollars were illegally stolen from the platform. And where in an unexpected turn of events the criminals have returned the all funds.
For this reason, in Bitcoin Mexico we have covered on different occasions the ways to keep your funds safe, we recommend taking a walk here:
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