South Korean Cryptocourrency Exchange Bithumb says it was hacked and Cryptocurrency loses $ 31.5m in the Haystead

in #steemcoin6 years ago

South Korean Cryptocourrency Exchange Bithumb said that hackers had stolen 35 BNs ($ 31.5m worth of virtual coins), the second local exchange was targeted in just one week because cyber thieves uncovered the high risks of the digital asset business Was there.

bithumb-hacked.jpg

Bithumb said in a notice on his website that he had closed all the businesses after finding out that "some cryptokulas were seized by about 35 billion wins in the middle of tomorrow and early morning."

According to Coinmarketcap.com, the sixth busiest exchange in the world said that he had stored all the customers' assets in "safe cold wallet" - which works on platforms that are not connected directly to the Internet. It states that the company will completely compensate the customers.

Bithumb has highlighted the risks of robust security risks and weak regulation of global cryptocracy markets. Global policy makers have warned investors to be cautious in digital currency trading due to lack of comprehensive regulatory inspection.

Professor Ho, of the University of Blockchain Research Institute, Korea University, has said that the stolen coins are more likely to be from unsafe 'hot welts'.

"Since the coins in cold purse are not kept on the Internet, hackers are impossible to steal them in cold purses until they are physically broken," said a blockchain expert in the research center.

Bithumb did not immediately respond to Reuters comments request, and it was not stated in the statement that the stolen coins were stored in their "hot purse"

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Hacking stays to be a big problem in this field. Driving crypto world bearish with every such news which keeps coming regularly

Hacking stays to be a big problem in this field, right dear

People should never leave crypto on exchanges, why don't they learn? These hack stories happen on a monthly basis now as well.

This is why we need to move away from centralised exchanges.
Try Radar.Relay, Bancor.network, Kyber Network, or even IDEX.
I strongly recommend Bancor.network, they have over 100 tokens and have a unique protocol which matches orders without buyers and sellers, allowing for greater liquidity for smaller volume tokens.

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