![]() In an official announcement made on June 21, the crypto exchange confirmed its intention of reimbursing the users affected of the theft. Once Bithumb’s team realized their service was being hacked, it halted all deposit and withdrawal services. #Coincheck xvg upgrade#Coincidentally, the exchange started moving “all of asset” to a cold wallet in order to upgrade its security system on June 16, days prior to the attack. At the time of the attack, Bithumb was ranked as the sixth largest exchange by trade volumes globally but has since dropped to 10th place.Īccording to Cointelegraph Japan, the hackers hijacked Bithumb’s hot wallet. Over 35 billion won (about $30 million) worth of cryptocurrencies was stolen. On June 19, Bithumb, South Korea’s biggest crypto exchange, was hacked. Hacker’s prize: $30 million worth of cryptocurrencies Here’s how the largest hacks of 2018 so far have happened, and what their consequences have been. Still, it comes down to how these attacks are handled in the aftermath: while some go MIA or start diffusing the responsibility, others choose to rebuild their reputations step-by-step, steadily making amends with the community. Indeed, the crypto world hasn’t been the same since the Mt. While the exchange has already promised to compensate its users, the damage has been done: yet again, it has become evident that even the biggest players cannot guarantee total safety. The attackers stole cryptocurrencies worth $30 million, making it one of the largest heists of the year so far. On June 19, Bithumb, South Korea’s number one crypto exchange, was hacked. ![]()
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