Main navigation

11 Million XRP Stolen by Hackers from Liquid Exchange Along with Other Crypto Worth $80 Million

News
Thu, 08/19/2021 - 07:05
article image
Yuri Molchan
Hackers have moved an $80 million worth of crypto assets from Liquid, including 11 million XRP, according to Whale Alert
11 Million XRP Stolen by Hackers from Liquid Exchange Along with Other Crypto Worth $80 Million
Cover image via stock.adobe.com
Read U.TODAY on
Google News
Contents

Earlier today, the Twitter handle of the Japanese crypto exchange Liquid announced that the platform had been attacked by hackers. They managed to withdraw $80 in cryptocurrencies, including 11 million XRP, as well as TRX, Bitcoin and Ethereum.

Liquid exchange gets hacked – XRP, TRX BTC, ETH are stolen

The Liquid’s tweet says that the malefactors managed to steal over 100 Bitcoin, almost 10 million TRX, 11 million of Ripple-affiliated XRP, and close to $60 million in Ethereum and various ERC20-based tokens.

Whale Alert Twitter account, that tracks large movements of various cryptocurrencies, has noticed 9,840,490 XRP moved to the XRP address mentioned as the one that belongs to the hackers in the tweet of the Liquid team.

The Bithomp analytics website shows that three transfers, totalling approximately 11.5 million XRP, have been conducted to that wallet.

9227_0
Image via Bithomp

Related
Ethereum's Vitalik Buterin Snaps Back at Twitter CEO Jack Dorsey

Hot wallets have been compromised

The tweet of the exchange has also mentioned wallets for BTC, TRX and ETH, where the corresponding stolen cryptos were transferred.

According to the tweet, the assets withdrawn by the malefactors had been kept in hot wallets and now the team is moving the remains of the crypto to cold wallets.

article image
About the author

Yuri is a crypto journalist interested in technology and technical innovations. He has been in crypto since 2017. Believes that blockchain and cryptocurrencies have a potential to transform the world in the future in many of its aspects. ‘Hodls’ major cryptocurrencies and has written for multiple crypto media outlets. 

His articles have been quoted by such crypto influencers as Tyler Winklevoss, John McAfee, CZ Binance, Max Keiser, etc.

Currently Yuri is a news writer at U.Today and can be contacted at yuri.molchan@u.today.