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Japanese cryptocurrency company loses $ 100 million to hackers
Hackers stole $ 100 million worth of cryptocurrency from Liquid, Japan’s leading cryptocurrency trading company.
Cryptocurrency firm Liquid has announced that some of its digital wallets have been destroyed.
This is the second cryptocurrency heist in recent days. Last week, Poly Network, billed as the icon of digital platforms in the cryptocurrency space, had around $ 600 million in assets stolen.
The company said on Twitter: “We regret to report that the company’s hot wallets have been destroyed, we are now moving our assets to cold wallets.”
“Hot” or “hot” digital wallets are those that are available online and allow users to more easily access their cryptocurrencies, while “cold” wallets do not connect to the Internet and are more difficult to access. ‘access, so they are generally more secure. .
Supply chain analyst Elptech said his analyzes showed hackers had stolen around $ 97 million worth of cryptocurrencies, including Bitcoin and Ethereum.
Japanese company Liquid is tracking the movement of the seized cryptocurrency and working with other companies to freeze and recover those assets.
Liquid Corporation was established in 2014 and operates in over 100 countries and has millions of customers worldwide.
According to data from CoinMarketCap, Liquid is one of the twenty largest companies active in the cryptocurrency space by calculating its trading volume today.
Last week, he stole $ 600 million from Polynetwork after a hacker exploited a vulnerability in his system.
“The amount you have stolen is the largest in the history of decentralized financial operations,” the company said in a message to the hacker.
But after receiving this letter, the hacker by the name of “Mr. White Hat” – or Mr. White Hat – returned nearly $ 427 million.
Other Japanese companies involved in the cryptocurrency have been affected by similar thefts.
In 2014, Mt Gox collapsed after losing half a billion dollars in bitcoin, while $ 530 million was stolen from Coincheck in 2018.
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