BingX confirms the resumption of withdrawal services following hack

Monetary losses from the BingX hack were initially reported as totaling $26 million, but the figure has since swelled to $52 million.

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UwU Lend hit by another $3.7 million hack amid reimbursement efforts

The UwU Lend protocol, which recently suffered a $20 million exploit, is once again under attack, with hackers stealing an additional $3. 7 million from various asset pools. The ongoing exploit occurs as the protocol attempts to reimburse victims of the previous hack.

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The House Always Wins: Crypto Casino Resumes Operations After $41 Million Hack

On Monday, August 4, 2023, one of the world’s leading crypto casinos Stake, owned by Australian Billionaire Ed Craven, reportedly experienced a massive $41 million hack across several blockchains.

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Solana-based DeFi Platform Loses $100 Million In Gruesome Hack As Network Woes Continue

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Axie Infinity owner will reimburse players after the $625 million hack

The $625 million Ronin blockchain hack is one of the biggest in the crypto… The post Axie Infinity owner will reimburse players after the $625 million hack appeared first on Coin Journal.

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How The $600M Ethereum Ronin Bridge Hack Was Exposed 6 Days Later

The Ethereum based bridge Ronin was hacked for $600 million in digital assets or 173,600 ETH and $25 million in USDC. This attack has become the largest in the history of decentralized finances (DeFi), surpassing the Poly Network hack which also exploited a bridge-rooted vulnerability.

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Kraken Relaunches Crypto Trading in Japan After Two-Year Break

The exchange had shuttered its Japanese services after Coincheck's $530 million hack in 2018 spooked regulators and prompted a crackdown.

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DeFi protocol bZx suffers $8 million hack, customer funds safe

Blockchain protocol bZx suffered a hack early Monday, with hackers making away with almost $8 million in various cryptocurrencies before the vulnerability was patched. The post DeFi protocol bZx suffers $8 million hack, customer funds safe appeared first on CryptoSlate.

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Judge Dismisses $200M Damages Claim in AT&T Crypto Hack Lawsuit

AT&T has won a motion to dismiss a $200 million punitive damages claim from Mike Terpin, who lost $24 million in crypto via SIM hack

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NiceHash Halts Repayment for Victims of $80 Million Hack

NiceHash, a marketplace for renting mining hashpower, has announced that it is suspending its plans to repay customers who lost their funds during a December 2017 hack. That attack caused the company to lose over 4700 Bitcoin, worth $80 million at the time.

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$3.2 Million From Cryptopia Hack Liquidated on Major Crypto Exchanges

The infamous Cryptopia hack of January 14, which led to over $16 million in stolen Ethereum (ETH) and ERC20… The post $3.2 Million From Cryptopia Hack Liquidated on Major Crypto Exchanges appeared first on Invest In Blockchain.

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ICO Platform Promises Full Refund Following $7 Million Hack

Initial coin offering support platform KickICO lost $7.7 million in KICK tokens in a hack on Thursday, the company reported. 

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Bithumb hack: $17 million worth Bitcoin, Bitcoin Cash, Ripple, Ethereum among other cryptos lost, not $31 million

Bithumb, one of the leading cryptocurrency exchanges worldwide has made a recent announcement stating that the exchange platform lost about $17 million [19 billion SKW] during its recent hack and not $31 million [35 billion SKW] as stated earlier.

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Bithumb Hack News: 45% of Stolen Coins Recovered by Crypto Exhcange

Bithumb has managed to recover roughly 45 percent of the cryptocurrencies stolen during the June 20 hack. The company also acknowledged the support of other exchange platforms in its efforts to recover the stolen funds.

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Bithumb Hack Update: Cryptocurrency Exchange Recovers 45% of Stolen Coins

Bithumb has managed to recover roughly 45 percent of the cryptocurrencies stolen during the June 20 hack. The platform announced the news in an update published on June 28 — while also providing full disclosure of the digital currencies taken in the attack.

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Bithumb Recovers Half of Stolen Funds From $31 Million Hack

Last week, Bithumb – one of South Korea’s largest digital currency exchanges – was hacked for $31 million in various cryptocurrencies. Announced on June 28, 2018, Bithumb confirmed the recovery of nearly half the stolen funds.

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31 mln to 17mln is what crypto bithumb reduces hack loss estimation to!

Hacked South Korea crypto exchange Bithumb has lowered the estimated amount of money lost in the hack from 35 billion won (about $31 million) to 19 billion won (about $17 million), according to a support announcement Thursday, June 28.

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Andreessen Horowitz Has Launched a $300M Crypto Fund

Andreessen Horowitz has launched a $300 million crypto fund dedicated to investing in cryptocurrencies and other blockchain-related projects. The fund, named a16z crypto, signals that the firm is diving deeper into the cryptocurrency space to grow its existing portfolio, which includes digital currency exchange Coinbase.

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Brian Kelly & Charlie Lee “Bitcoin Is Still Bullish”

Despite the recent hack on Bithumb, in which over $30 million worth of cryptocurrencies was culminated by the hackers, Brian Kelly and Charlie Lee remain ‘bullish’ on Bitcoin. This week, the South Korean exchange, one of the largest cryptocurrency exchanges, Bithumb was hacked which led to the theft of $31 million virtual currency’s.

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6 Reasons Why Bitcoin Price is Down — (And Some Positive News Too)

As the week comes to a close, let us reflect on and digest all the news — most of which was negative, that happened in the cryptocurrency arena affecting Bitcoin price. Oh Look, Another Exchange Hack Tuesday evening, popular South Korean cryptocurrency exchange Bithumb reported a system breach that resulted in approximately $31 million worth of cryptocurrencies being stolen.

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Are Centralized Exchanges Breaking the Crypto Promise?

Exchange hacks are becoming the new normal. Just two weeks after Conrail’s $37. 2 million hack, it was time for Bithumb’s $31 million hack, with the difference being that Bithumb is the world’s sixth largest cryptocurrency exchange based on CoinMarketCap data, far larger than Coinrail.

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Bitcoin Magazine’s Week in Review: Fortunes and Fallacies

This week, leading South Korean crypto exchange Bithumb experienced a major hack, while Mt Gox, the most notorious exchange to be hacked in bitcoin history, is also back in the news.

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Mt. Gox Creditors May Be Reimbursed in Bitcoin Under Civil Rehabilitation

The Japan-based Mt. Gox exchange had its bankruptcy stayed due to a petition filed by some of the creditors for the commencement of civil rehabilitation proceedings in Tokyo District Court on November 24, 2017, and heard today, June 22, 2018.

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Sixth-Largest Crypto Exchange Bithumb Hacked, $30 Million Lost

The world’s sixth-largest cryptocurrency exchange, Bithumb, was hacked and approximately $30 million worth of cryptocurrencies were stolen. The exchange broke the news of the hack via Twitter, where it also informed its users that it was changing its wallet system due to safety concerns.

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BREAKING: Mt. Gox Creditors Will Be Reimbursed In Crypto, Markets Crash In Response

The Tokyo District Court has published a document which rules that creditors involved in the Mt. Gox hack in 2014, that saw a loss of $472 Million will be reimbursed in cryptocurrency. See the full report for yourself here-https://www.

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Two Huge Hacks In Two Weeks Didn’t Crash The Markets, Here’s Why

Yesterday, we saw news of another hack of the South Korean cryptocurrency exchange, Bithumb, the hack, resulted in the theft of over $30 Million. Just over a week ago, we also saw a similar scale hack take hold of (another South Korean cryptocurrency exchange) Coinrail, this time, we saw theft in excess of $40 Million.

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Still Bullish on Bitcoin Despite Bithumb Hack: Brian Kelly and Charlie Lee Weigh In

Both Brian Kelly and Charlie Lee remain bullish on Bitcoin despite the recent hack of Bithumb, which resulted in the theft of over $31 million worth of cryptocurrencies.   Brian Kelly: Things are Different for Bitcoin This Time Around Earlier this week, South Korean exchange Bithumb – currently the eight largest cryptocurrency exchange by means of trading volumes – was hacked, resulting in the theft of more than $31 million worth of cryptocurrencies.

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Suspicious BitHumb Hack Connected to BitBlender Dark Web Service

June 21, 2018 Diego Garcia, British Indian Ocean Territory (BIOT): Attorney Jonathan Levy predicts the $32 million in cryptocurrency reported hacked from Bithumb Exchange was laundered through Bitblender.

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UK Regulators Question Exchanges as Bithumb News Spreads

The recent $30 Million hack of Bithumb has caused U. K. regulators to question the security of cryptocurrency exchanges, with exchanges operating in the U. K. coming under fire. 2018: The Year of Exchange Hacks? As the cryptocurrency market swells, the amount of exchange hacks has grown, in a direct correlation with the growth of active exchanges.

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Bithumb Hack:Exchange promises to Reimburse All Users

South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($ 31.4 million) in this week’s high-profile hack — which it will repay to users in full. Bithumb: Amount Lost Could ‘Decrease’ In an update posted on June 21, the Bithumb said it was beginning “recovery” processes and that the total

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Bitcoin’s Upside Price Potential Could Stop With New Resistance

Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this, though, the cryptocurrency has struggled to find acceptance above $6,800 in the last 72 hours, as seen in the chart below. A drop below $6,550 would

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$ 6,800 ceiling? New anti-shield Bitcoin’s Corrective Rally

Bitcoin rose to a six-day high of $6,580 on Monday on Bitfinex, adding credence to indications that the cryptocurrency could be in for a relief rally. Furthermore, bitcoin refused to embrace the negative narrative on Wednesday after the $31 million hack of South Korea’s Bithumb exchange, indicating that the sellers are likely running dry. Despite all this,

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Bithumb Hack: Exchange Confirms It Will Reimburse All Users

South Korea’s largest cryptocurrency exchange, Bithumb, has confirmed that it indeed lost 35 billion won ($31. 4 million) in this week’s high-profile hack — which it will repay to users in full.

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Here’s What Happened In The Bithumb Attack

*All deposit and withdrawal service will be stopped to make sure the security. We will keep notice you of the restart of the service. We apologize for your inconvenience and thanks for your understanding.

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What has changed from Mt. Gox to Bithumb; 7 years down the line

OPINION: Earlier today, top Korean cryptocurrency exchange platform Bithumb was hacked for a loss of about $30 million. While this has been the buzz in the crypto world, many have forgotten that another infamous hack occurred on this day.

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Korean Cryptocurrency hub hacked

Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea’s leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice.

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Bithumb – Details Still Sketchy After $30 Mln Hack

Bithumb – What we know after $30 million hack

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Bithumb loses $30 million in cryptos to thieves, alerts against entering passwords!

South Korean cryptocurrency exchange, Bithumb lost over $30 million earlier today. The exchange has confirmed about the theft earlier this morning. It is believed to be a case of a cryptocurrency hack.

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Bitcoin Fees Soar as Bithumb Overpays to Move Funds Following Hack

Bitcoin transaction fees have soared over the past 24 hours — likely due to Bithumb cleaning out its hot wallet in an effort to secure its remaining funds after hackers allegedly stole $31. 5 million from the exchange.

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South Korean Bithumb Exchange Loses $30M in Latest Cryptocurrency Hack

Hackers have reportedly made away with cryptocurrencies worth $30 million from Bithumb, South Korea's leading exchange, according to reports from a blog update. The exchange states that due to the hack, deposits and withdrawals will be temporarily suspended until further notice.

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Korean Ministry Initiates Investigation Into Causes Of Bithumb Crypto Exchange Hack

The South Korean Ministry of Science and Technology (MIC) has set up a probe into the theft of $30 million from the world’s sixth largest cryptocurrency exchange Bithumb, Yonhap News reports Wednesday, June 20.

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Bithumb stocks $31 Million Hack: What We Know (And Don’t Know)

On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. According to a follow-up report from CoinDesk Korea, Bithumb conducted a security enhancement checkup on June 16, just days before the confirmed hack.

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South Korea Exchange Bithumb Stops Withdrawls After Hack

$30 million worth of undisclosed cryptocurrencies has been stolen from Bithumb, one of the largest crypto exchanges in South Korea by trading volume. As it was officially announced the Seoul-based crypto exchange Bithumb had become a victim of a hack and had lost $30 million worth of undisclosed cryptocurrencies. Currently, Bithumb is considered to be

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Ripple Market Sold, LTC Market Bought, Bithumb Hack as the Charts Tell It

On June 19th 2018, just before 2PM London time, Bithumb was hacked out of $30 million worth of cryptocurrencies. How the hack happened exactly we do not know. Bithumb has... The post Ripple Market Sold, LTC Market Bought, Bithumb Hack as the Charts Tell It appeared first on Trustnodes.

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Crypto Exchange Bithumb prevents retreats after the $ 31 million hack

Bithumb, one of the largest cryptocurrency exchanges in South Korea by trading volume, is halting deposit and withdrawal services after hackers stole 35 billion won ($31 million) from the platform. The company said in an announcement today that the hack happened between late Tuesday night and early Wednesday morning local time. Although Bithumb has yet to

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Market Declining Following Bithumb Hack Of $30 Million Worth Of Coins

The South Korean crypto market is scrambling to retain its normalcy after hackers attacked and made away with about $30 million worth of crypto coins from Bithumb. Bithumb is a South Korean cryptocurrency exchange, the 2nd largest in the country and 6th largest in the world.

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Bithumb $31 Million Crypto Exchange Hack: What We Know (And Don't)

Hours after an exchange breach that saw $31 million stolen from Bithumb, more details have surfaced, but some questions still remain unanswered.

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Bithumb Exchange's $31 Million Hack: What We Know (And Don't Know)

Hours after an exchange breach that saw $31 million stolen from Bithumb, more details have surfaced, but some questions still remain unanswered.

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Crypto Switch Bithumb Stops Withdrawals during $31 Million Hack

The company said in an announcement today that the hack happened between late Tuesday night until early Wednesday morning Korean time. Though Bithumb has yet to disclose which cryptocurrency or in what amount had been damaged, it said in the announcement that the loss will be covered by the platform. As such, Bithumb said investors should

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