Livecoin slams its doors shut after failing to recover from hack, financial loss

Charlie Osborne reports:

Livecoin has announced its closure following a cyberattack that allegedly compromised the firm’s infrastructure and exchange rate setup.

As previously reported by ZDNet, the Russian cryptocurrency exchange claimed it had been hacked roughly around Christmas, with the alleged cyberattackers seizing control of Livecoin systems in order to tamper with exchange rate values.

Read more on  ZDNet.

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