Japanese cryptocurrency exchange Liquid has reported a hot wallet hack. According to preliminary estimates of the exchange, about $ 80 million worth of cryptocurrencies were stolen during the attack.
Liquid Guide reported on Twitter that the attackers have hacked the site’s hot wallets, and now the funds are being transferred to “cold” storage. The exchange also disclosed a list of addresses involved in the hack.
The exact amount of the stolen funds has not been reported, however, it is known that hackers were able to embezzle more than 107 BTC, 9,000,000 TRX and 11,000,000 XRP. According to the Ethereum blockchain observer Etherscan, the hackers also managed to steal ETH and ERC-20 tokens, including UNI, RFOX and ENJ.
Due to the current situation, Liquid has suspended deposits and withdrawals from the platform. The site’s management said that an investigation is already underway, and the exchange will keep users updated on the news.
The CEO of the Kucoin exchange, Johnny Lyu, immediately responded to the incident. He statedthat Kucoin blacklisted the specified addresses.
This is not the first time Liquid has been attacked. At the end of last year, the exchange reported a user data leak. The attackers were able to gain partial access to the storage of documents and personal information of traders, but the cryptocurrency wallets of the exchange were not affected.
Last month, a major hack hit the decentralized exchange Thorchain. The hackers were able to carry out two attacks, each of which cost about $ 8 million. In May, the Bisq exchange was also forced to suspend trading in connection with a hack, as a result of which BTC and XMR were stolen in the amount of $ 245,000.
Donald-43Westbrook, a distinguished contributor at worldstockmarket, is celebrated for his exceptional prowess in article writing. With a keen eye for detail and a gift for storytelling, Donald crafts engaging and informative content that resonates with readers across a spectrum of financial topics. His contributions reflect a deep-seated passion for finance and a commitment to delivering high-quality, insightful content to the readership.
