May 3, 2024

As a result of the hack of the Liquid crypto exchange, more than $ 80 million was stolen

As a result of the hack of the Liquid crypto exchange, more than $ 80 million was stolen

Regulated Japanese cryptocurrency exchange Liquid reported that cybercriminals gained access to hot wallets, from which they were able to withdraw digital assets worth more than $ 80 million.

After identifying the fact of a security breach andcompromising hot wallets, the platform suspended all replenishment and withdrawal operations from deposits, and also began the process of moving cryptocurrencies to cold storage. In the official message, the exchange indicated 4 addresses in the blockchains of Bitcoin, Ethereum, Tron and XRP, presumably associated with the hacker.

For nowLiquid did not specify which assets werestolen, but according to network data, all the specified addresses received transactions for a total of more than $80 million this morning. The Bitcoin address received $4.7 million worth of coins, Ethereum – for $69 million, Tron and XRP – for a total of $10 million.

At the time of publication, they still have assets worth about $ 74 million.

It seems that the news about the hack did not become a strong shock for the market, since over the past 24 hours the BTC rate dropped by only 0.83%.

Hack Liquid was the second major attack oncrypto projects for August. Earlier, the hacker stole $ 611 million from the Internet decentralized financing protocol Poly Network, but he has already returned part of the funds and is negotiating the transfer of the remainder to the platform.

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