Could you elaborate on the intriguing scenario presented in the paragraph? Specifically, how much did the
cryptocurrency hacker actually lose in this incident? Did the hacker lose a significant amount of digital currency, or was it merely a minor setback? Did the hacker's losses have a substantial impact on the cryptocurrency market, or did it remain relatively contained? Was this an isolated incident or are there similar occurrences that we should be aware of? Furthermore, what measures have been taken to prevent such hacks in the future? Your insights would be greatly appreciated.
6 answers
CryptoVisionary
Tue Jul 16 2024
Liquid, a cryptocurrency exchange, recently suffered a significant hack.
EchoChaser
Tue Jul 16 2024
While the exact amount of the loss was not disclosed, blockchain analytics firm Elliptic provided an estimate.
MichaelSmith
Mon Jul 15 2024
According to Elliptic's analysis, the losses are approximately $97 million.
henry_rose_scientist
Mon Jul 15 2024
Of this amount, $45 million were comprised of Ethereum tokens.
MysticEchoFirefly
Mon Jul 15 2024
These tokens were quickly converted into Ether, a move that prevented the hacker from having those assets frozen.