Japan's Liquid Exchange Hacked, $74M in Crypto Siphoned Off

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Japan’s Liquid exchange has just been hacked.

  • According to a tweet on Thursday, the exchange said its warm wallets were compromised and that it was consequently moving digital assets offline.
  • While the total amount stolen is yet to be determined The Block reported Thursday the value of bitcoin, ether, XRP, and tron could be upwards of $74 million.
  • "We are currently investigating and will provide regular updates. In the meantime deposits and withdrawals will be suspended," the exchange said.
  • Crypto exchange KuCoin's CEO, Johnny Lyu, said his platform was aware of the incident and had blacklisted the hacker's wallet addresses. Other exchanges are likely to follow suit.

This story is developing and will be updated accordingly.

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