What happened
Quick Summary
Bithumb, South Korea's leading virtual currency exchange, suffered a hack resulting in a loss of cryptocurrencies worth $1.04 million.
Details of the Exploit
Hackers managed to steal cryptocurrencies valued at approximately $1.04 million from Bithumb. Following the incident, the exchange suspended all deposits and payments. Bithumb assured its users that the stolen cryptocurrencies would be covered by the exchange itself. In response to the abnormal access detected, Bithumb transferred a large amount of Ethereum to its cold wallet to safeguard it.
Stolen funds:
- 1.2 billion won worth $1.04M
Protocol details
Evidence
- report Report bbc.com
- report Report bravenewcoin.com
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