2018-6-22 01:03 |
South Korean crypto exchange Bithumb has today confirmed it will reimburse users affected by the theft of 35 bln won (about $30 mln) from its hot wallet two days ago, in an official announcement today, June 21.
At the time of the hack, Bithumb was ranked sixth largest crypto exchange by trade volumes globally, but has now dropped to tenth place following news of the high-profile incident.
According to Cointelegraph’s personal correspondence with Korean resident officials from the Sentinel Protocol, Bithumb’s hot wallet was hacked on the night of June 19.
As soon as it had detected the theft, the exchange temporarily suspended all deposits and withdrawals on the exchange.
Notably, just this month Bithumb was given the all-clear following a three month long investigation into its operations by South Korean authorities.
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