Crypto exchange Liquid gets Japanese derivatives license

Crypto exchange Liquid gets Japanese derivatives licence

Liquid, a Japanese cryptocurrency exchange, has announced that its subsidiary, Quoine Corporation, has received a Type I Financial Instruments Business license from the Japanese regulatory authorities under the Financial Instruments and Exchange Act. The license would allow Liquid to start trading derivatives on its platform, allowing both retail and institutional clients to invest, though no […]

Japanese crypto exchange, Liquid loses almost $100M to hackers

Liquid cryptocurrency exchange losses 97M in a recent hack

Liquid, a Japanese cryptocurrency exchange platform is the latest to be hit by a hack. The exchange stated that the hacker compromised its warm wallets and made off with more than US$97 million in various cryptocurrency assets. The company’s incident report states, “At around 7:50 AM SGT on August 19th, Liquid’s Operations and Technology teams […]