Liquid CEO Explains How the Crypto Exchange Was Hacked

[Galaxy]

The hacker accessed the personal information of Liquid’s users. Liquid, the 16th largest cryptocurrency exchange by volume, today disclosed details about a hack that exposed its customers’ personal information, possibly including names, addresses and encrypted passwords.
In a blog post, Mike Kayamori, CEO of the cryptocurrency exchange Liquid, said that hackers on November 13 wrestled control over one of Liquid’s domain names (quoine.com, the site of Liquid’s Japanese parent company), after hacking into its domain name hosting provider.

This allowed the hacker to control company email addresses; now inside the systems, the hacker “was able to partially compromise our infrastructure, and gain access to document storage,” said Kayamori.
Info link: https://decrypt.co/48719/liquid-ceo-explains-crypto-exchange-hacked

[bigcash2011]

User data, portfolio, wallets and coins should be secured and this service should be fool proof and hack proof because these are basic responsibilities of an exchange platform and that is why traders pay them comissions and fee.

[Mexite]

Centralized exchanges need to up their games as per security. Because of their centralized nature, it is expected that they'll attract hackers from time to time.

I won't be happy to see an unauthorized person (hacker) access and steal my personal identifiable information (PII). It's dangerous.