Japanese cryptocurrency exchange Liquid was hit by a cyberattack that allowed hackers to steal $97 million worth of digital coins.
Liquid’s digital currency wallets had been “compromised,” allowing hackers to transfer the assets to four different wallets.
The cryptocurrency exchange has since suspended deposits and withdrawals.
Blockchain analytics company Elliptic reported that hackers obtained about $97 million in cryptocurrencies, with $45 million in tokens being converted to ethereum through decentralized exchanges, which are blockchain-based platforms that require no intermediaries like Uniswap and SushiSwap.
The conversions allow hackers to avoid having these assets frozen, as is possible with many Ethereum tokens.
Liquid is among the world’s top 20 crypto exchanges by daily trading volumes, processing over $133 million of transactions in the last 24 hours.


Dollar Near Two-Week High as Stock Rout, AI Concerns and Global Events Drive Market Volatility
Bank of Japan Signals Readiness for Near-Term Rate Hike as Inflation Nears Target
Gold and Silver Prices Climb in Asian Trade as Markets Eye Key U.S. Economic Data
U.S. Stock Futures Rise as Markets Brace for Jobs and Inflation Data
FxWirePro- Major Crypto levels and bias summary
Trump Lifts 25% Tariff on Indian Goods in Strategic U.S.–India Trade and Energy Deal
India–U.S. Interim Trade Pact Cuts Auto Tariffs but Leaves Tesla Out 



