Japan’s Liquid Exchange hacked; millions worth of Crypto stolen

Digital assets worth about $80 million from the Japanese digital exchange Liquid were taken by hackers.

Japan’s Liquid Exchange hacked; millions worth of Crypto stolen

Digital assets worth about $80 million from the Japanese digital exchange Liquid were taken by hackers.

Liquid revealed the wallet addresses that were compromised in a tweet on August 19, in which the exchange confirmed the security breach. Warm wallets were the only ones affected by the incident, adding that assets were moved into cold storage as soon as possible.

According to the update, until the investigation has been completed, withdrawals and deposits on Liquid have been suspended.

As of press time, the four addresses received crypto assets worth about $74 million, that is, more than $80 million in total, with all transactions taking place hours ago.

106 BTC were sent to the address in multiple transactions, but only from two addresses.

Within the past several hours, the Ethereum address has received million worth of ETH.

In addition, the Ether block explorer also exposed the theft of millions worth of other ERC20 altcoins including Uniswap, rfox, and enjincoin, among others.

Consequently, assets totaling over $10 million have been sent to the Tron and XRP addresses.

As Jonny Lyu, CEO of KuCoin, tweeted after learning about the hack, the exchange blacklisted the addresses involved.

The #KuCoin whitelist has been updated with the hackers' addresses in response to the #LiquidGlobal hacking incident. I hope everything is going well for you. He further added.

A breach at Liquid in November 2018 exposed its users' personal information, which may have included names, addresses, and passwords.