Japan: Cryptocurrency Trading Platform Hacked

Japan: Cryptocurrency Trading Platform Hacked

Unknown hacked Japanese cryptocurrency exchange Liquid. Tokyo based trading platform announced on Thursdaythat it discovered “unauthorized access to certain portfolios managed by Liquid”.

To London based company Elliptic . information from The criminal(s) stole 69 different crypto currencies such as bitcoin and ether, with a total value of approximately $97 million (a good 83 million euros). The equivalent of about $16 million can be frozen at least using other platforms. Hence criminals cannot transfer them further. Elliptic helps Liquid track stolen credit.

Clients of the Japanese trading platform are currently unable to withdraw their crypto balances and should not transfer any new funds to their accounts. Trading in digital currency was not interrupted. Existing deposits are temporarily transferred to so-called “cold wallets”, i.e. digital wallets that are not connected to the Internet. The platform is still investigating how the hack happened.

if you lie down Numbers from CoinMarketCap Liquid is one of the 20 largest trading platforms for cryptocurrencies in the world, with a trading volume of around $128 million in 24 hours.

The attack on US service provider Poly Networks had cryptocurrencies only a week and a half ago. Record loot of $613 million Went. A hacker named “Mr. White Hat” claimed to be working for fun. According to Poly Network, he promised to return all the goods. But he is still withholding an amount equal to $33 million. Hacker’s Private Key Still Missing, for Another $200 Million As reported by CNBC.

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