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Author Topic: Poly Network hack: one of the biggest crypto heists!  (Read 209 times)
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August 20, 2021, 07:11:43 PM
 #21

Another bad news and based on news from Cointelegraph that the Liquid Global exchange has now been hacked again with a sum of $80 million and it's huge that this exchange is also suspending all deposits and withdrawals, imagine how users need their funds to be very difficult to retrieve, and this is the risk when depositing funds on the exchange.

Until now hackers are still taking large amounts of money while Liquid said they are moving funds to cold wallets.

Source
https://cointelegraph.com/news/breaking-liquid-exchange-hacked-to-the-tune-of-80-million
https://twitter.com/Liquid_Global/status/1428176357515612165

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August 20, 2021, 10:43:01 PM
 #22

This recent incident has once again brought to the front burner the issue of security. DeFi definitely holds a lot of promises and potential, but these can be threatened by hacks. This is why crypto startups should not be in a rush to deploy until it is well audited.

Then again, the integrity and reputation of these security audit firms are being called to question with reoccurring hack events. While nothing is guaranteed in crypto investment, nobody wants to lose their money.
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August 20, 2021, 10:52:17 PM
 #23

Another bad news and based on news from Cointelegraph that the Liquid Global exchange has now been hacked again with a sum of $80 million and it's huge that this exchange is also suspending all deposits and withdrawals, imagine how users need their funds to be very difficult to retrieve, and this is the risk when depositing funds on the exchange.

Until now hackers are still taking large amounts of money while Liquid said they are moving funds to cold wallets.

Source
https://cointelegraph.com/news/breaking-liquid-exchange-hacked-to-the-tune-of-80-million
https://twitter.com/Liquid_Global/status/1428176357515612165
107 bitcoin in one on the hacker addresses! That's shameful since this isn't the first nor the last incident happening without feeling that exchanges are taking the necessary measures to stop or at least limiting these hacks attempts...

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August 20, 2021, 11:06:03 PM
 #24

Another bad news and based on news from Cointelegraph that the Liquid Global exchange has now been hacked again with a sum of $80 million and it's huge that this exchange is also suspending all deposits and withdrawals, imagine how users need their funds to be very difficult to retrieve, and this is the risk when depositing funds on the exchange.

Until now hackers are still taking large amounts of money while Liquid said they are moving funds to cold wallets.

Source
https://cointelegraph.com/news/breaking-liquid-exchange-hacked-to-the-tune-of-80-million
https://twitter.com/Liquid_Global/status/1428176357515612165
This is bad news, a series of hacking. These hackers never stop with their ill intentions of robbing millions of money from these legitimate businesses.
I hope that this is going to have the same retrieval and sending back as poly network.  Undecided

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