Security News > 2021 > August > Liquid cryptocurency exchange loses over $90 million following hack

Liquid cryptocurency exchange loses over $90 million following hack
2021-08-19 09:24

Japan-based cryptocurrency exchange Liquid has suspended deposits and withdrawals after attackers have compromised its warm wallets.

Liquid is one of the largest cryptocurrency-fiat exchange platforms worldwide.

To ensure safety of funds, please do not deposit any crypto assets to your Liquid wallets until further notice.

"A total of approximately 91.35mm USDe of crypto assets were moved out of Liquid wallets by an unauthorized party," Liquid said in a follow-up incident report.

"69 different crypto assets were misappropriated and sent to other exchanges or defi swapping venues. Assets placed in Liquid Earn are not impacted."

Liquid previously reported a data breach in November 2020 after GoDaddy, the exchange's domain hosting provider, transferred control of its account and domain to a malicious actor.


News URL

https://www.bleepingcomputer.com/news/security/liquid-cryptocurency-exchange-loses-over-90-million-following-hack/