Blog | G5 Cyber Security

Liquid cryptocurency exchange loses over $90 million following hack

Japan-based cryptocurrency exchange Liquid has suspended deposits and withdrawals after attackers compromised its warm wallets. Liquid is one of the largest cryptocurrency-fiat exchange platforms worldwide (based on daily traded spot volume) The exchange has more than 800,000 customers from over 100 countries and says that it reached a $1.1B+ daily trade volume this year. The exchange is still assessing the attack vector used in the incident and is “taking measures to mitigate the impact” Liquid previously reported a data breach in November 2020 after GoDaddy transferred control of its account to a malicious actor.”]

Source: https://www.bleepingcomputer.com/news/security/liquid-cryptocurency-exchange-loses-over-90-million-following-hack/

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