- 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.
The following assets had been transferred to hacker’s following addresses (Further investigation to come):
— Liquid Global Official (@Liquid_Global) August 19, 2021
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:
— Johnny_KuCoin (@lyu_johnny) August 19, 2021