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

Cryptopolitan


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.