MOSCOW: Russian cryptocurrency exchange Livecoin has announced it was hacked and lost control of some of its servers, warning customers to stop using its services, as cybercriminals modified exchange rates to 10-15 times their normal values. Livecoin is ranked as the 173rd cryptocurrency exchange on the internet, with roughly $16 million in daily transactions. The company posted the message on its official website. “Hackers appear to have taken control of the Livecoin infrastructure and then proceeded to modify the exchange rates to gigantic and unrealistic values,” reports ZDNet. TLTP
