More than $80 million in digital assets were stolen from the Japanese regulated crypto platform Liquid Global.
Liquid Global, one of the top 10 cryptocurrency exchanges by spot trading volume, has lost funds from hot wallets and is now urgently transferring assets to cold storage. The platform has temporarily suspended accepting deposits and withdrawals of customer funds.
According to the official statement, the exchange was hacked, and the hacker managed to withdraw more than $80 million worth of cryptocurrencies.
Based on on-chain data, the hacker stole 107.3 BTC, 11 million XRP, 9 million TRX and 15,000 ETH.
The exchange has not yet published a report on the results of the investigation into the incident. She is now investigating and tracking down the stolen assets.
KuCoin CEO Johnny Liu was the first to respond to the exchange's call to blacklist the alleged hacker's addresses.
You May Also Like
Cryptocurrency exchange OKEx launches perpetual swaps
Malta-based cryptocurrency exchange OKEx has launched a new derivative product, Perpetual Swap, a peer-to-peer, virtual derivative that allows traders to bet on digital assets such as Bitcoin.
Law enforcement officials identified Bitfinex hackers in 2016
The Department of Justice (DoJ) has seized a record $3.6 billion in Bitcoin that was stolen in the Bitfinex hack in 2016.
