Hackers managed to compromise some of Liquid's digital currency wallets, stealing $97M worth of digital coins, CNBC reports, citing the Japanese cryptocurrency exchange and Elliptic. Of the total haul, $45M in tokens were being converted to Ethereum (ETH-USD) through DeFi exchanges, which "enables hackers to avoid having these assets frozen," Elliptic said in a blog post. The company said in a tweet that it's moving assets into the cold wallet in response to a compromise in the warm wallets. This event makes it the second major crypto hack to take place in just over a week, following cross-chain protocol Poly Networks' $611M hack. "We are currently investigating and will provide regular updates," Liquid said. Previously, (Dec. 29, 2020) Voyagers' domain server was compromised in a hack.
