Society

Hackers hit Japanese crypto exchange, steal nearly $100 million

Aug 20 (fortune.com) - Hackers have drained Japanese cryptocurrency exchange Liquid of $97 million worth of Ethereum and other digital coins.

The company, in a tweet posted late Thursday, announced the compromise and said it is moving assets that were not affected into more secure “cold wallet” storage. The company has also suspended deposits and withdrawals.

“Liquid’s teams are still assessing the attack vector used and taking measures to mitigate the impact to users,” the company said in a blog post. “[We] will continue to do everything in its power to mitigate the impact from this incident and restore full service as soon as possible.”

Liquid did not put a dollar figure on the amount, but blockchain analytics company Elliptic said its analysis estimates the losses at about $97 million.

Of that, $45 million were in Ethereum tokens, which are being converted into Ether, preventing the hacker from having those assets frozen. Other cryptos taken in the heist include Bitcoin, XR,P and Stablecoins.

Liquid is one of the 20 biggest crypto exchanges, as ranked by daily trading volume, per CoinMarketCap. In the past 24 hours, it has traded nearly $141 million in crypto.

Over 300 New Geoglyphs Discovered by Yamagata University in Nazca

Yamagata University, which has been conducting research on the Nazca geoglyphs in Peru, announced the discovery of over 300 new geoglyphs, depicting a variety of subjects, including humans and animals.

University of Tokyo Raises Tuition Fees for First Time in 20 Years

The University of Tokyo has officially decided to increase tuition by approximately 110,000 yen for incoming undergraduate students starting next academic year, bringing the total to 642,960 yen.

Flooding Hits Temporary Housing in Quake-Stricken Wajima

Flooding has reached the temporary housing in Wajima City, built for earthquake victims, and volunteers have begun clearing the mud starting on September 24.

Russian military plane intrudes into Japanese airspace, Tokyo lodges protest

A Japanese government spokesperson says a Russian military airplane entered Japanese airspace three times on Monday. (NHK)

Kishida vows in meeting with Zelenskyy continued support for Ukraine

Japanese Prime Minister Kishida Fumio has conveyed his country's intention to maintain support for Ukraine to President Volodymyr Zelenskyy. (NHK)

MEDIA CHANNELS

MORE Society NEWS

Woman in Floral Mini-Skirt Targets Zoo Outlets with Mysterious Tape

Strange incidents involving a woman placing black tape on outlets have been occurring around zoos in the Izu area of Shizuoka Prefecture.

Japanese Households with Buddhist Altars Has Drastically Decreased

As the number of households with Buddhist altars continues to decline, largely due to space limitations in modern housing, wholesalers of Buddhist goods are struggling with unsold inventory.

Twelve Referred to Prosecutors for Alleged Abuse at Kuwana Festival Horse Event

Twelve individuals involved in the traditional 'Ageuma Shinji' horse event held last year at Tado Shrine in Kuwana City, Mie Prefecture, have been referred to prosecutors on allegations of violent behavior toward horses, including forcing them up steep slopes.