BREAKING: Liquid exchange hacked to the tune of $80 million

Over $80 million worth of digital assets has been removed from Liquid Global exchange. Kucoin has responded by blacklisting the addresses that received stolen funds.

Japanese exchange Liquid has been hacked with about $80 million in digital assets moved off the platform.

The exchange confirmed the security breach in a tweet that exposed the wallet addresses implicated in the breach.

The following assets had been transferred to hacker’s following addresses (Further investigation to come):
BTC: 1Fx1bhbCwp5LU2gHxfRNiSHi1QSHwZLf7q
ETH/EWT: 0x5578840aae68682a9779623fa9e8714802b59946
TRX: TSpcue3bDfZNTP1CutrRrDxRPeEvWhuXbp
XRP: rfapBqj7rUkGju7oHTwBwhEyXgwkEM4yby

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

Liquid has not yet confirmed exactly how much has been taken, but based on the related addresses, more than 107 BTC, 9,000,000 TRX, 11,000,000 XRP, and almost $60 million worth of ETH and ERC-20 tokens appear to have been taken by the hackers.

There are reports that the Ethereum wallet compromised held deposits from Celsius Network. Withdrawals and deposits have now been suspended on Liquid Exchange

Kucoin promptly responded to the hack by blacklisting the addresses involved in the hack, according to a tweet from the CEO of Kucoin.

We are aware of the #LiquidGlobal security incident, and the hacker’s addresses have been added to the blacklist of #KuCoin. Hope everything is OK. https://t.co/IasscGItZH

— Johnny_KuCoin (@lyu_johnny) August 19, 2021