Bithumb Exchange Hacked - Millions Stolen

The fourth biggest cryptocurrency exchange has reportedly been hacked.

"The worst affected are people based in South Korea which makes a huge chunk of Bithumb’s userbase. Bithumb has announced reimbursement of 100,000 won ($897) worth of cryptocurrency to all the users affected till July 5. Surprisingly, some users have even reported about losing as high as 10 million won ($8700) worth of cryptocurrency."

"According to the reports, the attack happened on June 29 (22:00 local time), and the hacker managed to compromise the personal computer of a Bithumb employee and stole personal details of 31,800 members, around three percent of the user base. It is being said that the stolen data didn’t contain the passwords of any of the users, but how the hacker managed to drain the currency is still a mystery."

When exchanges are hit like this it just reiterates the importance of...NEVER STORING YOUR COINS ON AN EXCHANGE.

Still, terrible news for anyone affected.

https://fossbytes.com/bithumb-fourth-largest-cryptocurrency-hacked/