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Singapore-Based Crypto Exchange Liquid Confirms Hack

Singapore – Singapore-based crypto exchange Liquid, one of the most prominent trading companies in South-East Asia, has been hacked. The CEO confirmed on November 20 that the perpetrator attack was caught and taken under control. Some reports revealed that some customer information might have been stolen during the attack.

Liquid CEO Mike Kayamori also shared an article about the complete incident on Liquid’s blog post. Kayamori said that one of the system providers had mistakenly transferred their stock exchange details to an unknown hacker. He also confirmed that the hacker had access to private information, such as the DNS and e-mail records on Liquid’s system.

According to some reports, the hacker failed to steal any money from Liquid’s stock market. It also stated that the Singapore-eased exchange immediately closed all access and prevented intrusions after detecting the cyber-attack. However, the company continues to carefully examine whether the unknown hacker has stolen customer information in the liquid system database. 

CEO Kayamori announced that they promptly responded to the attack once the system detected it. Everyone also took and expressed the necessary measures to keep all crypto wallets safe. 

Kayamori guaranteed that the hacker did not steal any money but some personal information, such as name, e-mail, and address. Currently, crypto exchange Liquid continuously advises all users to change all credentials, especially passwords, regularly. Kayamori also asks Liquid customers to remain cautious and aware at all times. 

Founded in 2014, the Singapore-based cryptocurrency exchange has centres in the United States, Japan, and Vietnam. Its system enables blockchain-based global money transfers and ranks 18th among the world’s leading crypto money exchanges. At the time of writing, the Liquid system has already traded over $372 million using 73 currencies and 165 pairs.

Currently, Liquid Exchange continuously investigates if the hacker gained access to confidential documents, such as the government-issued IDs, selfies, proof of address, and other areas that could put Liquid users at a heightened risk of identity theft.

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