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BREAKING: Liquid Exchange Hacked, Up to $80M Removed

BREAKING Liquid Exchange Hacked, Up to $80M Removed
  • Japanese Exchange Liquid Global suffered a hack on Thursday morning for up to $80M
  • The hackers took large amounts of BTC, TRX, XRP, and ETH.
  • For now, Liquid Exchange has suspended withdrawals and deposits.

Japanese Exchange Liquid Global suffered a massive hack on Thursday morning. As per reports, hackers removed up to $80 million in digital assets from the platform.

The exchange shared the horrific announcement in a tweet. They also exposed wallet addresses implicated in the breach.

Moreover, Liquid Global, which has recently gained pace as a crypto exchange, has not yet confirmed how much has been taken. Still, $80 million seems to be the rough estimate. Based on related addresses, an amount upwards of 107 BTC, 9,000,000 TRX, and 11,000,000 XRP appear to have been taken by the hackers. To add to this, the exchange also lost almost $60 million worth of ETH and ERC-20 tokens.

Other than this, there are also reports that the compromised Ethereum wallet held deposits from Celsius Network. At the moment, Liquid Exchange has suspended withdrawals and deposits.

Liquid Global’s announcement was followed soon by Kucoin’s CEO sharing the following tweet:

The news is very worrying as Liquid Exchange is one of the top exchanges in Japan. At the moment, BTC is worth $44,415. In the hours following the hack, its value has fallen by 1.94%.

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Lisa is excited about all things tech. She devotedly follows blockchain and crypto updates, sharing her passion through writing about it. She is a regular contributor for cryptocurrency news and articles.