South Korean Bithumb Hacked for $31 Million
Return To ArticleYou know it is just a regular day when you read about a cryptocurrency heist. Today’s victim is South Korean exchange desk Bithumb.
The company reported that nearly 35 billion Won ($31.6 million) were stolen from its exchange. The hack began last night and lasted until today morning Korean Standard Time (KST).
The company has halted all its deposits and withdrawal services, and urged its customers not to deposit any funds until further notice. The existing cryptocurrencies on the exchange have been moved to a cold wallet, where they can’t be accessed through the internet.
