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August 22, 2021 11:39 am

$97 Million Stolen From Japanese Crypto Exchange

"Hackers have drained Japanese cryptocurrency exchange Liquid of $97 million worth of Ethereum and other digital coins," reports Forbes:The company, in a tweet posted late Thursday, announced the compromise and said it is moving assets that were not affected into more secure "cold wallet" storage. The company has also suspended deposits and withdrawals... Liquid did not put a dollar figure on the amount, but blockchain analytics company Elliptic said its analysis estimates the losses at about $97 million... Of that, $45 million were in Ethereum tokens, which are being converted into Ether, preventing the hacker from having those assets frozen. Other cryptos taken in the heist include Bitcoin, XRP, and stablecoins.

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