$97 Million Dollar worth of Crypto stolen

[Kunkun]

This is one of the disadvantages associated with Bitcoin and crypto currency as a whole because the issue of hacks and thefts are here and there and it's a good thing security is being strengthened too

 

[Sotherefore]

This is one of the disadvantages associated with Bitcoin and crypto currency as a whole because the issue of hacks and thefts are here and there and it's a good thing security is being strengthened too

There are a lot of things that we have to be very conscious of that can prevent us and our account from being hack. enabling of two factors verification is really necessary especially when you have huge amount of cryptocurrency in your wallet.

 

[Senator]

Sure you have to be grateful that you don't have any money or account in that wallet because you would have been telling a different story by now. I feel the pain of those whose money were stolen though

 

[tyrim88]

That is ver disheartening and i really feel for those that have account with the platform,These days a lot of persons are into unwholesome practices of hacking into legitmate investors wallet,and this is very bad.

 

[Suzzy001]

A Japanese Crypto Currency Exchange "Liquid Global" has been hacked $97 Million Dollar. they suspended Deposit/Withdrawal. I don't know what to say. but am feeling great that I didn't have account on their platform...

what a bad news, how is that even possible. the company should have employed the use of capable hands that can help them secure their funds maybe they would not have fallen victim in such a cheap way

 

[Trexxxy]

They were hacked to the tune of 97million dollars? Man that's huge! I think someone on orchestrated this attack, except they have a very weak firewall, which I seriously doubt or they are just some very good hackers.

 

[Lens]

The hackers are on it again, they would develop a malware that would easily penetrate your files , gaining access into them and stealing your funds outrightly.

 

[Thinker009]

A lot of cryptocurrency exchange platform are getting hacked recently ,this is not a good development ,I think exchange platform needs to also improve their security measures

 

[greenie]

I actually feel and symphatize with all those that have account with the platform, it could happen to anybody one has to be very careful and work with a wallet that has a physical office and legal address you can sue incase of anything

 

[Dagm1]

As there are so many wonderful people, there are also a lot of bad people. Because of incidents like this, exchanges must constantly beef up their security.

 

[Sotherefore]

Hmmm. I think the government should check into all this cryptocurrency wallet stuff to make sure that any company that is handling cryptocurrency wallet of people should meet certain requirement that is necessary for them to secure people's wallet perfectly ,because a lot of people here will be a loser if these people can not return their assets... Which am sure they will not.

 

[Bousine123]

Seriously I feel for them, I hope someone does not commit suicide because things like this can be very disturbing, unless if you can still remind your self that everything in life is vanity and be grateful that you are still alive.

 

[Sincerem]

A Japanese Crypto Currency Exchange "Liquid Global" has been hacked $97 Million Dollar. they suspended Deposit/Withdrawal. I don't know what to say. but am feeling great that I didn't have account on their platform...

97 million dollars is a very huge sum of money. There was a need for them to be spending at least 15 ,000 dollars on monthly basis to hire a lot of cyber securities to help to make sure their exchanges is completely secured . Now look at what and how much they have lose

 

[GIFTMICHAEL]

I actually feel and symphatize with all those that have account with the platform, it could happen to anybody one has to be very careful and work with a wallet that has a physical office and legal address you can sue incase of anything

Some platforms do not have higher security to handle people's asset. That is why we have to be very careful on the platform we are using for our investment purposes.

 

[Joseph555]

bitcoin account are hacked because I do think that it is not possible to hack a crypto currency wallet. Or maybe it is not from the there wallets but from false account manipulated by hackers on there website

 

[Bigron]

A Japanese Crypto Currency Exchange "Liquid Global" has been hacked $97 Million Dollar. they suspended Deposit/Withdrawal. I don't know what to say. but am feeling great that I didn't have account on their platform...

Simply put, this is disastrous for the exchange and the platform's portfolio managers. In the
interests of safeguarding users' money, it is crucial for all cryptocurrency trading platforms to have robust security measures in place.

 

[frederick_9]

Because hackers are so prevalent, the majority of cryptocurrency giants, heavy investors, and other investors should be extremely cautious with their wallet accounts.

 

[Mohammed Rashid]

The exchange is called Liquid Global, and it is not very well-known. The issue there is that although their warm wallet was compromised, their cold storage was safe.

 

[Sotherefore]

The exchange is called Liquid Global, and it is not very well-known. The issue there is that although their warm wallet was compromised, their cold storage was safe.

Some of these platform's data base are not so secured. This rarely happens to trusted platforms that is why it is very important for us to make use of popular platforms as they may be more trusted sometimes.

 

[Bigi_]

However, I think it's impossible to hack a crypto wallet, so I'm wondering how bitcoin accounts can be hacked. Or maybe it's not from a wallet out there, but from a fake account that has been tampered with by hackers on the site