In Brief:
- The exchange has not determined the total amount stolen, but the value taken in bitcoin, ether, XRP, and Tron could be upwards of $80 million.
- “We are currently investigating and will provide regular updates,” the exchange said in a tweet.
Liquid Global, a Japan-based exchange, confirmed its security breach. Liquid Global in a tweet announced that its hot wallets were compromised and that it was moving digital assets offline. The exchange revealed the wallet addresses implicated in the breach.
“We are currently investigating and will provide regular updates,” the exchange said in the tweet. “In the meantime, deposits and withdrawals will be suspended.”
In a follow-up Tweet, Liquid specified four blockchain addresses – in Bitcoin, Ethereum, Tron and XRP – that are associated with the hacker. While the exchange has not yet confirmed the total amount of stolen assets, several researchers believe that the stolen amount could be about $90 million or above.
So far, the exchange has revealed nine wallet addresses where the hacker is depositing heisted funds.
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Another exchange, KuCoin, responded to the hack by blacklisting the addresses involved in the hack, according to a tweet from the exchange’s CEO, Jonny Lyu.
Shortly after Liquid revealed the hack on Twitter, bitcoin’s price started to drop below $45,000. The prices are now changing hands around $44,100.