Did a hacker pull off a crypto heist?

Just days after a hacker pulled off an audacious crypto heist, another major public breach has occured. Japanese cryptocurrency exchange Liquid is the latest victim of a cyberattack that has seen hackers make off with an estimated $97 million in stolen assets.

How much money has been stolen from cryptocurrency exchanges?

According to a study by CipherTrace, $4.26 billion has been stolen from cryptocurrency exchanges, investors, and users in 2019 alone. Therefore, if you have any doubts or you are getting worried about your exchange’s legitimacy, you are not alone. It is critical to double-check their authenticity before continuing any dealings on the site.

How much did a cryptocurrency hacker lose?

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.