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Crypto exchange Liquid lost over $90 million in a hack

Japanese cryptocurrency exchange Liquid announced hackers stole assets worth $91.35 million.

“We are sorry to announce that #LiquidGlobal warm wallets were compromised, we are moving assets into the cold wallet,” reads the companys’ Thursday statement.

The company is working on mitigating any further risks to clients, aiming to restore full service once. All crypto withdrawals were halted once Liquid detected the hack.

The company advises not to deposit any crypto assets to Liquid wallets until further notice.

Not even a week has passed since a ‘white hat’ hacker stole over $600 million from Poly Network, a decentralized finance (DeFi) platform.

However, in Poly Networks case, the hacker returned the stolen funds and received a reward from the company for pointing out a security flaw that allowed the hack in the first place.

Liquid is not the first exchange hit in Japan. In 2014, a Tokyo-based exchange Mt.Gox lost half a billion dollars in a hack. Another Tokyo-based exchange, Coincheck, was hit by a $580 million hack in 2018.

reference : https://cybernews.com/crypto/crypto-exchange-liquid-lost-over-90-million-in-a-hack/

The Richest People in the world

t’s been a year like no other, and we aren’t talking about the pandemic. There were rapid-fire public offerings, surging cryptocurrencies and skyrocketing stock prices. The number of billionaires on Forbes’ 35th annual list of the world’s wealthiest exploded to an unprecedented 2,755–660 more than a year ago. Of those, a record high 493 were new to the list–roughly one every 17 hours, including 210 from China and Hong Kong. Another 250 who’d fallen off in the past came roaring back. A staggering 86% are richer than a year ago.
Jeff Bezos is the world’s richest for the fourth year running, worth $177 billion, while Elon Musk rocketed into the number two spot with $151 billion, as Tesla and Amazon shares surged.
Altogether these billionaires are worth $13.1 trillion, up from $8 trillion in 2020. The U.S. still has the most, with 724, followed by China (including Hong Kong and Macao) with 698. We used stock prices and exchange rates from March 5 to calculate net worths. See below for the full list of the world’s billionaires and our methodology.
For daily updated net worths of all 2,755 billionaires, check out our. for more and compelete report please visit Forbes website:

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