BCGAME - Free 5BTC Daily Bonus!More than $80 million in digital assets were removed from the Liquid Global Exchange. KuCoin responded by blacklisting addresses that received stolen funds.
Japanese stock exchange Liquid has been hacked, with around $80 million in digital assets taken from the platform.
The exchange confirmed the security breach in a tweet on Thursday, with Liquid revealing the wallet addresses implicated in the breach. The exchange noted that only its hot wallets were affected, adding that its assets are being transferred to cold storage.
Withdrawals and deposits were suspended at Liquid, with the promise to exchange regular updates as the investigation progresses.
Important Notice:
We are sorry to announce that #Global Liquid Warm wallets were compromised, we are moving assets into the cold wallet.We are currently investigating and will provide regular updates. In the meanwhile deposits and withdrawals will be suspended.
— Liquid Global Official (@Liquid_Global) August 19, 2021
While Liquid has yet to confirm exactly how much was taken, it has been identified that over 107 Bitcoin (BTC), 9.000.000 Tron ( TRX ), 11.000.000 XRP and nearly $60 million in Ether ( ETH ) and ERC-20 tokens appear to have been taken by the hackers.
There are unconfirmed reports that the compromised Ethereum wallet held deposits from crypto yield provider Celsius Network. In April, Celsius announced that it had integrated with Liquid to offer the exchange’s customers a compounded return on digital asset purchases.
The announcement noted that Liquid became one of the first fiat to cryptocurrency exchanges to support Celsius's native CEL token in 2019, saying the two companies “continued to grow their partnership” since then.
Another exchange, KuCoin, promptly responded to the hack by blacklisting the addresses involved in the hack, according to a tweet from the exchange's CEO, Jonny Lyu.
We are aware of the #Global Liquid security incident, and the hacker's addresses have been added to the blacklist of the #kuco🇧🇷 Hope everything is OK. 🇧🇷 https://t.co/IasscGItZH
— Johnny_KuCoin (@lyu_johnny) August 19, 2021
In November 2018, Liquid suffered a breach that saw its users' personal information exposed to hackers, possibly including names, addresses and passwords.
