Hackers stole nearly 100 million U.S. dollars in Japanese cryptocurrency theft

The company announced that some of its digital currency wallets have been "hacked."

This is the second cryptocurrency theft in recent days.

Last week, the digital token platform Poly Network became the center of a $600 million robbery.

The company said on Twitter: "We regret to announce that the #LiquidGlobal warm wallet has been compromised and we are transferring assets to the cold wallet."

The so-called "warm" or "hot" digital wallets are usually based on online and are designed to make it easier for users to access their cryptocurrencies, while "cold" wallets are offline and more difficult to access, and therefore generally more secure.

Blockchain analysis company Elliptic stated that its analysis showed that approximately $97 million in cryptocurrencies were stolen, including Bitcoin and Ethereum tokens.

Liquid stated that it is tracking the movement of stolen cryptocurrencies and working with other exchanges to freeze and restore assets.

Founded in 2014, Liquid operates in more than 100 countries/regions and serves millions of customers worldwide.

According to data from CoinMarketCap, it is one of the world's 20 largest cryptocurrency exchanges in terms of daily trading volume.

Last week, a hacker used a vulnerability in his system to steal $600 million from the blockchain website Poly Network.

"The amount you were hacked is the largest in the history of defi [decentralized finance]," Poly Network said.

Since then, hackers carried out in the name of Mr. White Hat have returned approximately $427 million in assets.

Liquid is not the only Japanese cryptocurrency platform that has suffered a major robbery.

In 2014, the Tokyo-based exchange MtGox went bankrupt after nearly $5 billion in Bitcoin was lost, and Coincheck was hacked in the $530 million robbery in 2018.