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Japan's Liquid Global Exchange was hacked, and $90 million in cryptocurrency was stolen

The Liquid Global exchange in Japan has been hacked, and deposits and withdrawals have been stopped.

• The exchange stated in a tweet on Thursday that its warm wallets had been hacked and that it was taking digital assets offline.

• While the exact amount stolen has yet to be established, Eddie Wang, senior researcher at OKLink, told CoinDesk that the value seized in bitcoin, ether, ripple, tron, and other cryptocurrencies may be worth upwards of $90 million.

• The message said, “We are actively investigating and will give frequent updates.” “Deposits and withdrawals will be stopped in the meantime.”

• Liquid Global later stated it is working with other exchanges to freeze the money in a tweet.

Johnny Lyu, the CEO of cryptocurrency exchange KuCoin, said that his platform was aware of the situation and has banned the hacker's wallet addresses. It's probable that other exchanges will follow suit.

• So far, nine wallet addresses have been discovered where the hacker is depositing stolen money.

• At 7:20 UTC, one of the addresses provided by Liquid Global was still accepting bitcoin.

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