Compartir este artículo
Livecoin Exchange Announces Closure After December Hack
The trading platform now says it will close and repay users any remaining funds.
Por Tanzeel Akhtar
Cryptocurrency exchange Livecoin announced Saturday it will shut down after a claimed attack on the platform last month.
STORY CONTINUES BELOW
- The Russia-based exchange said in a website notice on an alternative domain that it had made a “hard decision to close the business” and will be refunding any remaining funds to users.
- No amount for losses arising from the breach was disclosed. The firm said: "Our service and team bear hard losses as well as our clients."
- Livecoin said it will accept claims for refunds until March 17, after which no new requests will be accepted.
- Users will need to email the exchange and pass verification procedures before they can be awarded refunds, the post said.
- In December, Livecoin claimed to have suffered what it called a “carefully planned attack in which it had “lost control" of its servers, backend and nodes.
Read more: Crypto Exchange Livecoin Begs Users to Stop Trading After Losing Control of Servers
Más para ti
Lo que debes saber:
- As of October 2025, GoPlus has generated $4.7M in total revenue across its product lines. The GoPlus App is the primary revenue driver, contributing $2.5M (approx. 53%), followed by the SafeToken Protocol at $1.7M.
- GoPlus Intelligence's Token Security API averaged 717 million monthly calls year-to-date in 2025 , with a peak of nearly 1 billion calls in February 2025. Total blockchain-level requests, including transaction simulations, averaged an additional 350 million per month.
- Since its January 2025 launch , the $GPS token has registered over $5B in total spot volume and $10B in derivatives volume in 2025. Monthly spot volume peaked in March 2025 at over $1.1B , while derivatives volume peaked the same month at over $4B.
Más para ti
CFTC's acting chief Pham poised to go to crypto firm MoonPay once Mike Selig lands
The leader of the derivatives regulator is planning to join the crypto industry as the CFTC and other federal regulators work on policies to benefit the sector.
Lo que debes saber:
- Commodity Futures Trading Commission Acting Chairman Caroline Pham confirmed again that she's heading to crypto firm MoonPay when the Senate confirms her replacement and he's sworn in.
- President Donald Trump's CFTC chair nominee Mike Selig was set for a Senate vote Wednesday evening, according to that chamber's schedule.
- Selig, currently an SEC official, would arrive at the CFTC just as several of Pham's crypto initiatives have gone live.
Top Stories
