Russian Exchange Livecoin has been hacked

[BrolySSJ]

The Russian crypto exchange that is known as Livecoin has been hacked recently, and it is imploring all of its users to stop interacting with the exchange. The exchange has said that it has lost its control of its servers. It is yet to be released however, how this hack has impacted on the funds of their clients, however personally i feel that many exchanges are being hacked recently. This seems to be happening more and more frequently with the rise in bitcoin price. Exchanges such as these one should take more stringent security measures especially being the holder of funds for many individuals.