Home Cyber Attack Livecoin Crypto Exchange Shuts Down A Month After Cyber Attack

Livecoin Crypto Exchange Shuts Down A Month After Cyber Attack

by Abeerah Hashim
Livecoin shuts down

Roughly a month after having suffered a severe blow from a cyber attack, Livecoin cryptocurrency exchange is out of business. As announced, the Livecoin exchange now shuts down while assuring to refund all clients their remaining funds.

Livecoin Cryptocurrency Exchange Shuts Down

In December 2020, on Christmas eve, Livecoin cryptocurrency exchange suffered a huge cyber-attack. At that time, the exchange disclosed to have lost control of its servers. All they possessed was mere access to the frontend that allowed them to alert the users.

The sudden disruption of its services troubled users, compelling many to suspect an exit scam. However, the exchange informed everyone about the cybersecurity incident as well as asking them to stop any transactions.

Now, the Russian crypto exchange Livecoin has said goodbye to all as it shuts down. As evident from the announcement they posted on their website, the exchange has suffered irreparable losses. Hence, they have no viable options left to run the business.

Investigation is in active phase right now. Our service has been damaged hard in technical and financial way. There is no way to continue operative business in these conditions, so we take a hard decision to close the business and paying the remaining funds to clients.

Assures Refund To All Clients

While people suspected an exit scam, Livecoin has communicated clearly that they will be refunding clients.

They have asked all to send refund requests along with the verification details to the exchange via email at ‘[email protected]’. The exchange will continue accepting the requests for the next two months, halting the process on March 17, 2021.

Moreover, they have also warned everyone not to fall for any fraudulent schemes or Livecoin impersonations.

We have to warn you about tons of fake groups in different messengers and other channels, where people represent themselves as our team members, insiders, hackers etc. Participating in these groups you run a high risk, because we have no any groups. The only official statements are made on this website.

All Livecoin clients should remain wary of any offers, groups, or schemes that ask money when claiming a refund.

You may also like

Latest Hacking News

Privacy Preference Center


The __cfduid cookie is used to identify individual clients behind a shared IP address and apply security settings on a per-client basis.

cookie_notice_accepted and gdpr[allowed_cookies] are used to identify the choices made from the user regarding cookie consent.

For example, if a visitor is in a coffee shop where there may be several infected machines, but the specific visitor's machine is trusted (for example, because they completed a challenge within your Challenge Passage period), the cookie allows Cloudflare to identify that client and not challenge them again. It does not correspond to any user ID in your web application, and does not store any personally identifiable information.

__cfduid, cookie_notice_accepted, gdpr[allowed_cookies]


DoubleClick by Google refers to the DoubleClick Digital Marketing platform which is a separate division within Google. This is Google’s most advanced advertising tools set, which includes five interconnected platform components.

DoubleClick Campaign Manager: the ad-serving platform, called an Ad Server, that delivers ads to your customers and measures all online advertising, even across screens and channels.

DoubleClick Bid Manager – the programmatic bidding platform for bidding on high-quality ad inventory from more than 47 ad marketplaces including Google Display Network.

DoubleClick Ad Exchange: the world’s largest ad marketplace for purchasing display, video, mobile, Search and even Facebook inventory.

DoubleClick Search: is more powerful than AdWords and used for purchasing search ads across Google, Yahoo, and Bing.

DoubleClick Creative Solutions: for designing, delivering and measuring rich media (video) ads, interactive and expandable ads.



The _ga is asssociated with Google Universal Analytics - which is a significant update to Google's more commonly used analytics service. This cookie is used to distinguish unique users by assigning a randomly generated number as a client identifier. It is included in each page request in a site and used to calculate visitor, session and campaign data for the sites analytics reports. By default it is set to expire after 2 years, although this is customisable by website owners.

The _gat global object is used to create and retrieve tracker objects, from which all other methods are invoked. Therefore the methods in this list should be run only off a tracker object created using the _gat global variable. All other methods should be called using the _gaq global object for asynchronous tracking.

_gid works as a user navigates between web pages, they can use the gtag.js tagging library to record information about the page the user has seen (for example, the page's URL) in Google Analytics. The gtag.js tagging library uses HTTP Cookies to "remember" the user's previous interactions with the web pages.

_ga, _gat, _gid