Earlier this month, hackers stole over $600 million in cryptocurrency by exploiting a security vulnerability, then returned roughly half of the amount. And now, Engadget reports that another $97 million in crypto was stolen from Liquid, a cryptocurrency exchange based in Japan.
According to a blog post from Liquid, the exchange’s security team first noticed something was awry on Thursday morning. Specifically, they “detected unauthorized access of some of the crypto wallets managed at Liquid.” Once they noticed the issue, they temporarily stopped all crypto withdrawals. In the days since then, they’ve worked on bolstering the security of their infrastructure.
Engadget’s article notes that Liquid is working to identify and recover the cryptocurrency in question. And while a heist of virtual currency seems like something out of a William Gibson novel, it’s a growing concern for crypto exchanges — and an alarming reminder of what a resourceful hacker or hackers can do.
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