Crypto-exchange LIVECOIN hacked

Russian cryptocurrency exchange Livecoin has announced it was hacked and lost control of some of its servers, as cybercriminals modified exchange rates to 10-15 times their normal values

Crypto-exchange LIVECOIN hacked

Russian crypto-exchange Livecoin hacked after it lost control of its servers

Russian cryptocurrency exchange Livecoin posted on message on its official website on Christmas Eve claiming it was hacked and lost control of some of its servers, warning customers to stop using its services.

According to posts on social media, the attack seems to have happened on the night between December 23 and December 24.

In the message posted on its website, Livecoin admins described the incident as a “carefully planned attack, which has been prepared, as we assume, over the last few months.” “We lost control of all of our servers, backend and nodes. Thus, we were not able to stop our service in time. Our news channels were compromised as well,” the company said

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