Hacker Steals $ 74 Million in Cryptocurrencies, Including Bitcoin and Ethereum

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Japan’s cryptocurrency exchange Liquid was hacked with $ 74 million worth of Bitcoin, Ethereum and others stolen.

Liquid, a regulated cryptocurrency exchange in Japan, confirmed the breach which it said required it to suspend deposits and withdrawals.

While Liquid has not confirmed the value of the currency taken, digital asset publication The Block put the estimated value of the cryptocurrency theft.

In a tweet shared Thursday, Liquid said its online hot wallets had been “compromised” and that it would move its assets to its offline “cold wallet”.

Important Notice: We are sorry to announce that the #LiquidGlobal hot wallets have been compromised, we are moving the assets to the cold wallet.

We are currently investigating and will provide regular updates. In the meantime, deposits and withdrawals will be suspended.

– Liquid Global Official (@Liquid_Global) August 19, 2021

Liquid continued, “We are sorry to report that the #LiquidGlobal hot wallets have been compromised, we are moving assets to the cold wallet. We are currently investigating and will provide regular updates. Until then, deposits and withdrawals will be suspended. “

A second tweet stated that the following assets had been transferred to the following hacker addresses:

BTC: 1Fx1bhbCwp5LU2gHxfRNiSHi1QSHwZLf7qETH / EWT: 0x5578840aae68682a9779623fa9e8714802b59946TRX: TSpcue3bDfZNTP1Cww7TPvrkWcHpHtXE

The investigation is ongoing, Liquid said.

File photo: An image of Bitcoin and the US currency displayed on a screen. The hacker stole around $ 74 million worth of cryptocurrency, according to a report. ROSLAN RAHMAN / Getty Images

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