Hackers Steal More Than $97M from Liquid Crypto Exchange
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Hackers focused their efforts on crypto-related platforms
In recent months, more crypto exchange platforms have been targeted by hackers. The most recent attack resulted in the theft of $97 million worth of digital assets from the Japanese cryptocurrency exchange Liquid, according to ZDNet.
Liquid did not provide an estimate of damages because it is subject to analyses of the Financial Services Agency from Japan. Nevertheless, the attack affected many users, as Liquid is among the top 20 crypto exchanges in the world in terms of daily trading volume, sums estimated at more than $133 million per day on CoinMarketCap.
On the other hand. blockchain analytics firm Elliptic, claimed hackers obtained more than $97 million in cryptocurrency, $45 million of which have turned to Ethereum, such as Uniswap and SushiSwap. Further investigation revealed that the attacker was able to access Liquid's personal information database that contains details like home addresses, email addresses, names and encrypted passwords.
In just one week, 2 large-scale cyberattacks were carried out on cryptocurrency exchanges
The recent Liquid hack is the second largest attack on cryptocurrency exchange platforms in just over a week. On August 10, Poly Network lost nearly $600 million in digital assets. While things seems to be solving soon due to an an extraordinary turn of events, more than $200 million remain locked in an account that requires a hacker password.
Liquid stated "during this difficult period we greatly appreciate the support from our customers, other exchanges, security experts, and the broader crypto community. Liquid will continue to do everything in its power to mitigate the impact from this incident and restore full service as soon as possible”. Although the attack is unclaimed, what is known so far is that some of its wallets had been compromised and transferred to four separate wallets that support a wide variety of coins.
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