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Major cryptocurrency exchange Bithumb gets hacked

VUBot

Staff member
Diamond Contributor
ECF Refugee
Vape Media
Thanks to its rapidly growing value, relative anonymity, and easy trading opportunities, the cryptocurrency market is a highly attractive target for hackers. Making things even more interesting, the major exchanges deal with significant volumes throughout the day, making them a prime target for cryptocurrency thefts. Bithumb is among the biggest targets, being the fourth-largest cryptocurrency exchange by volume and the largest in South Korea. And last week it got hacked, with users estimated to have lost billions of won as a result. I say estimated because Bithumb hasn't gone public yet with an accurate figure -- or any figure for that… [Continue Reading]

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