Another South Korean cryptocurrency exchange has fallen victim to a major hack. Bithumb, the world’s sixth-largest crypto-coin exchange, has suspended trading after hackers stole over $30 million worth of digital currencies under its control.
The Seoul-based exchange suspects that the hack emanates from North Korea.
Bithumb also suffered an attack in the summer of 2017, when hackers breached an employee’s PC. The exchange has used social media to alert its clients, warning them not to make any deposits. It has transferred its remaining funds into a cold wallet outside the internet and will be paying compensation to those affected.
Crypto-currency exchanges are becoming a growing target for attackers. The value of Bitcoin and its fellow virtual currencies has declined as a result.
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