USD 32m Stolen From Major Exchange, Market Tumbles

in moneyguruu •  6 years ago 

About KRW 35 billion (USD 31.5 million) in cryptocurrencies have been stolen from Bithumb, one of the largest crypto exchanges in South Korea said on Wednesday. Market dropped after the announcement.9d6a303a3a.png

The lack of funds was noticed between last night and today early morning, according to the exchange. It promises that "this loss will be compensated by Bithumb's own reservoir". The exchange also claims that other assets of its customers are "completely safe and secured" in the company's cold wallet.

All deposit and withdrawal service have been stopped until further notice.

Authors get paid when people like you upvote their post.
If you enjoyed what you read here, create your account today and start earning FREE STEEM!
Sort Order:  

@srkcryptoworld, I gave you an upvote on your post! Please give me a follow and I will give you a follow in return and possible future votes!

Thank you in advance!