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Cryptopolitan 2021-08-19 11:11:22

Liquid Exchange loses over $80 million digital assets in latest attack

TL;DR Breakdown: Liquid Exchange has reportedly lost over $80 million worth of assets to hackers.The exchange says its cold wallet wasn’t affected, and investigations are ongoing. Institutional-grade cryptocurrency exchange, Liquid Global Exchange, has reportedly lost over $80 million worth of digital currencies, including Bitcoin (BTC) and Ether (ETH), in the latest security breach. The Japanese exchange confirmed the hack in a tweet on Thursday, saying its warm wallet was compromised. Hacker Stole Over $80 Million Assets According to Liquid Exchange, only the funds in the warm wallet were hacked. These reportedly include 107 Bitcoin (BTC), 11 million Ripple (XRP), 9 million Tron (TRX), Ether (ETH), and some other ERC-20 tokens. Although the exchange hasn’t disclosed the amount of assets lost, the total stolen cryptocurrency is estimated to be worth over $80 million.  Following assets have been transferred to the hackers wallet:$45M $ETH$13M $XRP$7.8M $ANCT$6.2 $XNO$4.7M $BTC $4.3 $COT$1.76M $TRXLiquid "warm wallets" have been compromised. The situation is ongoing, the thread will be updated./2— Krisma (@KRMA_0) August 19, 2021 There isn’t any disclosure yet on how the attacker was able to transfer the assets from the warm wallet. However, Liquid Exchange said it’s currently investigating the attack and will provide regular updates on its findings. In the meantime, Liquid Exchang...

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