Has Ethereum Been Hacked?

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.

Can Ethereum be hacked?

Hackers allegedly breached blockchain-based platform Poly Network and extracted more than $600 million in cryptocurrencies on Tuesday, the company announced on Twitter, marking the biggest hack ever in the decentralized finance space that's heating up among investors. Nearly $300 million in ether was allegedly hacked.

When was ether hacked?

History of Ethereum Classic

However, in June 2016, the blockchain was hacked and $50 million worth of funds were stolen. 1 As a result, a split or hard fork was performed to secure the network.