Korean exchange Bithumb hacked, $30 million stolen

20 Jun, 2018
by Ryan McInally
News
Korean exchange Bithumb hacked, $30 million stolen

Korean cryptocurrency exchange Bithumb has suspended all deposits and withdrawals to ensure the security of their exchange.

According to the exchange they have checked some crypto wallets and determined that $30,000,000 was stolen. Bithumb did note that all stolen cryptocurrency would be covered by the exchange.

They are currently in the process of transferring all of their assets to cold wallets to ensure the safety of remaining crypto on their exchange.

One twitter user pointed out there was a supposed hack attempt of Bithumb on June 17th. 

Follow Chepicap now on TwitterTelegram and Facebook!

Poll

Are you worried about whether the exchange will have the reserve funds necessary to refund users?

(6 votes)

Add a comment

Check out the latest news

You will be logged out and redirected to the homepage