NewsWorldHackers make the coup of the century and steal...

Hackers make the coup of the century and steal $ 91 million in cryptocurrency: the Liquid exchange in ruins – journal du coin


Hacks aren’t just for DeFi – The decentralized finance (DeFi) has been in the news in recent months because of the repeated hacks she suffered. However, centralized players are not immune from it. A sad reality that has just caught up with the Liquid exchange.

$ 91 million stolen

On Thursday August 19, the Japanese exchange platform Liquid Global informed its users that a flaw resulted in the loss of tens of millions of dollars.

Liquid Global publication – Source: Twitter.

In addition to its announcement, Liquid provided the various identified hacker addresses through the Bitcoin, Ethereum, Tron and Ripple networks. In fact, the attacker managed to gain access to several of their hot wallets, which caused the loss of $ 91 million in cryptocurrencies. Note all the same thatno cold wallet was not impacted by this attack.

At the time of writing, the various wallets identified as belonging to the attacker have:

  • 107 BTC, or $ 5 million;
  • 11,937 ETH, or $ 38 million;
  • 68 ERC-20 totaling $ 24 million;
  • 2,600,933 TRX, or 226,000 dollars;
  • 11,508,516 XRP, or $ 14 million.

The entire list of stolen assets can be viewed in the last report published by Liquid.

Although the BTC and ETH wallets have remained as is for the moment, the funds held on Tron and Ripple have already been displaced to other wallets, suggesting that the attacker has already started laundering the funds. In parallel, $ 16 million in ERC-20 could be saved after their transmitters froze them.

>> Ready to enter the crypto-game? Swissborg is waiting for you and offers you 100 euros <

Celsius in danger?

Following the attack, some reports, the information of which could not be confirmed at the time, claimed that the attacked wallets held funds belonging to the users of the project. Celsius. As a reminder, last April, this Celsius loan and savings protocol announced a partnership with the Liquid exchange platform to allow their users to take advantage ofcompound interest on their deposits.

Fortunately for Celsius users, the report published by Liquid invalidates this information, claiming that its service Liquid Earn did not have not been impacted by attack.

To date, Liquid has not speak compensation plan regarding stolen funds. Hopefully, for its users, the platform had insurance covering its hot wallets.

Recently, the DeFi ecosystem has also experienced a major hack with the Poly-Network protocol attack. In total, $ 600 million in cryptocurrency was stolen, before being returned by the attacker. Since, the protocol plans to hire the hacker considered as a white hat, to ensure the security of the protocol.

All signals are flashing green, but you still don’t have Bitcoin or Ether? it is time to rectify this misunderstanding! To get into the industry on the right foot, an exceptional offer awaits you on the Swissborg platform which offers you up to € 100 in cryptocurrencies. when registering (affiliate link, for a minimum deposit of 50 €)


Comments are closed.

Latest news

Cannes 2022, live: the Dardenne brothers receive a special prize for the 75th anniversary of the Festival for “Tori and Lokita”, follow the closing...

Cover image: Belgian directors Luc and Jean-Pierre Dardenne receive the special prize for the 75th anniversary of...

Test: Skoda Enyaq iV 60 – a smaller battery ‘catches up’ with low power consumption – True

Is it a good idea to buy a Škoda Enyaq iV with a smaller battery with a capacity of...

You might also likeRELATED
Recommended to you