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Hacking of Bithumb Exchange

06/20/2018T00:00 06/21/2018T00:00 UTC Bitcoin: Hacking of Bithumb Exchange
Starts on June 20, Wednesday
South Korea's Bithumb, one of the largest cryptocurrency exchanges in the world by trading volume, has halted deposit and withdrawal services after hackers stole 35 billion won ($31 million) from the platform.

The company said in an announcement today that the hack happened between late Tuesday night and early Wednesday morning local time. Although Bithumb has yet to disclose which and how much cryptocurrency had been stolen, it said in the announcement that the loss will be covered by the platform.

Meanwhile, the company said remaining assets had been moved to a cold wallet to be stored in a more secure environment that is not accessible via the internet. As such, Bithumb said investors should "immediately discontinue depositing cryptocurrencies until further notice."
Event added 27 days ago. Changing the price after adding the event:
   
1 hour 0.00%
3 hours -0.10%
1 day -0.21%
2 days 0.29%
Now 9.82%

What will happen with the cryptocurrency after the event?

BTC details

Market Cap
127B USD
CMC Rank: 1
Coindar Social Index: 1
Own blockchain
Algorithm: SHA256
Proof type: PoW
Supply: 21000000
Circulating supply: 17155125
Community size:
1855 916
RoyBarker13 days ago.
Bithumb hacked for $30 million but covering all losses. Out industry is getting better and stronger. Stay up to date with the latest and the most trending cryptocurrency news with Cryptonewstrends.
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