Crypto Exchange Livecoin Begs Users to Stop Trading After Losing Control of Servers

0
47

Livecoin cryptocurrency exchange has suffered a so-called “carefully planned attack”.

The Russian Stock Exchange said in a web post that it has “lost control of all of our servers, [backend] and nodes ”and asked customers to stop making deposits, trading or interacting with the exchange. “We could not stop our service in time,” it said in the post.

It was not immediately clear whether the customers’ funds were affected by the breach. CoinGecko charts show that Livecoin typically handles a daily trading volume of around $ 50 million. However, in the past 24 hours, the volume rose to $ 805 million.

Ivona Zlatova, Livecoin CEO, did not respond to a request for comment at press time.

This story will be updated.