Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage.
Hacker Hits Japanese Crypto Exchange Liquid
Asian cryptocurrency exchange Liquid Global has confirmed it has been targeted in a hacking attack. In a notice tweeted early on Thursday, the coin trading platform revealed that some of its warm wallets were compromised, adding that it’s currently investigating the incident.
We are sorry to announce that #LiquidGlobal warm wallets were compromised, we are moving assets into the cold wallet.
We are currently investigating and will provide regular updates. In the meantime deposits and withdrawals will be suspended.
— Liquid Global Official (@Liquid_Global) August 19, 2021
Liquid, which operates under a license from Japan’s Financial Services Agency, informed users it’s suspending deposits and withdrawals and promised further…