Customer data stolen in hack targeting cryptocurrency exchange Liquid

Singapore-based cryptocurrency exchange Liquid, the 18th largest exchange in the world by volume, has been hacked and customer data stolen.

Detected on Nov. 13, the hack wasn’t a direct attack on the company’s infrastructure. Instead, it involved a domain name hosting provider that manages one of company’s domain names incorrectly transferring control of the account and domain to a malicious actor.

Read the original article here to learn more and hear from Acuant’s Chief Product Officer Jose Caldera about the importance of KYC for cryptocurrency exchanges.