Jun 28, 2018Â â‹…Â 1 min read
In a report published earlier today, Bithumb disclosed the full scope of a June 20th, 2018 breach that allowed hackers to steal 35 billion KRW (~$31 million) worth of 11 different cryptoassets. After coordinating with other exchanges, where the hackers attempted to sell stolen tokens, Bithumb was able to recover 45% of the funds, bringing the total theft to 19 billion KRW (~$17 million). Withdrawals remain suspended but users are able to trade on the platform as the company continues to hold most funds in cold storage. Bithumb has promised to compensate users impacted by the hack from its $450 million reserve fund. Assets impacted by the hack include: $BTC $BCH $ELF $ETH $ETHOS $GNT $HSR $KNC $OMG $VEN $XRP
Let us know what you loved about the report, what may be missing, or share any other feedback by filling out this short form. All responses are subject to our Privacy Policy and Terms of Service.
Gain an edge over the market with professional grade tools, data and research.
Already a member? Sign in
Gain an edge over the market with professional grade tools, data and research.
Already a member? Sign in