“Our investigators are also aiding Liquid with tracking the stolen funds,” they said in a statement. Earlier last week, in a major breach of security, hackers stole about $600 million worth of crypto assets from Poly Network.

However, the hackers have been returning the stolen assets and have reportedly returned over 60% of the coins. 

Following the breach, crypto exchange Liquid has said that they have restricted any withdrawals from the exchange wallet. However, their traders can continue trading. 

These incidents expose the vulnerabilities of cryptocurrency exchanges. At cryptoupdate.io we always recommend users not store large amounts of cryptocurrencies on their exchange wallets. It is always better to invest in a hardware wallet and store valuable crypto assets offline.

The post Hackers Steal $100 Million From Japan’s Cryptocurrency Exchange appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.

The move has been possible thanks to the partnership with GroundX, a blockchain subsidiary of Kakao Corporation, the source says. Citing the report in Hanguk Kyungjae, the source says subscribers will be able to receive 10% of their monthly subscription price in crypto tokens KLAY. Moreover, users who install Klip wallet in their KakaoTalk app will get additional rewards.  

Klip is a cryptocurrency wallet in the Korean chat app KakaoTalk. The project started in June last year and reached 0.75 million users across the globe in March of this year.

KLAY token ranks #18 with a market cap of around $8 billion on CoinMarketCap.com. Moreover, it has a listing on such crypto exchanges as Bittrex, Liquid, OKEx, and Gate.io, per CoinMarketCap.com data. It is trading at around $3.27 at the time of writing.

Klaytn, Kakao’s blockchain project behind the cryptocurrency KLAY, has recently become the first public platform besides Ethereum to be integrated with OpenSea. The integration of Klaytn with the largest NFTs marketplace will allow users to purchase and sell NFTs powered by Klaytn using KLAY tokens.

The post Subscribers of Hanguk Kyungjae will receive crypto tokens appeared first on Crypto Market Insights: Dive In with CryptoUpdate.io.