Hacked Liquid exchange receives $120M debt funding from FTX
The funding comes soon after Liquid suffered a major hacking incident last Thursday when the exchange’s warm wallets were compromised. Japanese cryptocurrency exchange Liquid has secured $120 million in debt financing from FTX Trading after suffering a nearly $100 million hack last week.Announcing the news Thursday, Liquid Group and FTX Trading — the owner and operator of crypto exchange FTX — said that the new funds will help Liquid improve its balance sheet and contribute to the exchange’s licensing opportunities in the key jurisdictions of Japan and Singapore. The new funding also....
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The exchange filed the application to Japan’s financial regulatory body in Q2 of 2020. Japanese cryptocurrency exchange Liquid has announced that its subsidiary firm, Quoine Corporation, has acquired a Type I Financial Instruments Business license under the Financial Instruments and Exchange Act from the Japanese regulatory authorities.The approval will allow Liquid to commence derivatives trading on its platform, offering investment opportunities to both retail and institutional clients, although a specific date for launch was not disclosed. Founded in 2014, Liquid is one of the world’s....
Japanese cryptocurrency exchange Liquid is suspending deposits and withdrawals after a security breach resulting in the loss of around an estimated $80 million in digital assets. The platform published the suspected hacker’s addresses and said it’s moving funds to cold storage. Hacker Hits Japanese Crypto Exchange Liquid Asian cryptocurrency exchange Liquid Global has confirmed it has been targeted in a hacking attack. In a notice tweeted early on Thursday, the coin trading platform revealed that some of its warm wallets were compromised, adding that it’s currently....
Over $80 million worth of digital assets has been removed from Liquid Global exchange. Kucoin has responded by blacklisting the addresses that received stolen funds. Japanese exchange Liquid has been hacked with about $80 million in digital assets moved off the platform.The exchange confirmed the security breach in an August 19 tweet, with Liquid revealing the wallet addresses implicated in the breach. The exchange noted that only it’s warm wallets were affected, adding that its assets are currently being moved into cold storage.Withdrawals and deposits have been suspended on Liquid, with....
On Tuesday, the liquid staking firm Alluvial revealed a consortium of organizations will collaborate on the “first enterprise-grade multi-chain liquid staking protocol.” Alluvial’s announcement detailed the protocol will be known as the “Liquid Collective” and the cryptocurrency exchange Kraken has joined as a foundation member. Liquid Collective Aims to Bolster a Multi-Chain Liquid Staking Standard In a blog post published by the liquid staking company Alluvial, the startup introduced the new enterprise-grade multi-chain liquid staking protocol called....
Japanese Crypto Exchange, Liquid, was hit earlier this week by hackers who stole an estimated $97 Million in crypto. Founded in 2014, Liquid operates in over 100 countries and serves millions of customers around the world. According to CoinMarketCap data, the Japanese exchange ranks among the top 20 crypto exchanges globally by daily trading volumes. The […]