South Korean authorities under fire over $43B Bithumb Bitcoin error

Lawmakers criticize South Korea’s Financial Services Commission after Bithumb mistakenly credited 620,000 BTC and the probe faces delays.

163 +

South Korean behemoth Bithumb up for sale

After two police raids in a space of one month, South Korea’s Bithumb is...

The post South Korean behemoth Bithumb up for sale appeared first on Coin Journal.

419 +

South Korea: Bithumb Exchange Hacked; EOS and XRP Worth Millions Stolen

South Korean cryptocurrency exchange Bithumb on March 30, 2019, announced that it recently observed “abnormal withdrawal” of crypto holdings from the company’s hot wallet, an incident its employees orchestrated the firm suspects.

354 +

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.

491 +

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.

653 +

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.

394 +

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.

469 +

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

560 +

Korean Ministry Launches Probe Into Causes of Bithumb Crypto Exchange Hack

The South Korean Ministry of Science and Technology has launched a probe into the theft of $30 mln from the world’s sixth largest crypto exchange Bithumb

393 +

Bitcoin Price Steady Above $6K Despite Bithumb Hack

Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked.

445 +

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

467 +

Bithumb Hacked: Second-Largest Korean Exchange Losses a ‘Modest’ $32M

For the second time this month, an exchange in South Korea gets hacked, resulting in an eerily similar dip in Bitcoin's price that mirrors the trajectory during the previous incident.

594 +

Bithumb Hacked: Second-Largest Korean Exchange Loses a ‘Modest’ $32M

For the second time this month, an exchange in South Korea gets hacked, resulting in an eerily similar dip in Bitcoin's price that mirrors the trajectory during the previous incident.

452 +

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.

409 +

Bithumb Hacked- $30 million dollars worth cryptocurrencies stolen

The world’s sixth largest cryptocurrency exchange based out of South Korea, Bithumb has announced on 19th of June that their platform has been hacked and cryptocurrencies to the tune of $ 30 million have been stolen.

565 +

Main Korean Crypto Exchange: $31 Million Gone

News Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished.

526 +

Major Korean Crypto Exchange: $31 Million Vanishes

Bithumb, South Korea’s largest crypto exchange announced on its website that between Tuesday evening and Wednesday morning, Korean time, 35 billion won (about 31. 5 million USD) worth of cryptocurrencies vanished.

501 +

Hackers have breached the sixth largest exchange in the world Bithumb

Hackers have stolen cryptocurrencies worth $30 million from South Korea’s leading virtual currency exchange Bithumb, Cointelegraph Japan reported June 19. According to CoinMarketCap, Bithumb’s 24-hour trade volume at press time is over $374 million, the world’s sixth largest.

519 +

South Korean Crypto Exchange Bithumb Hacked, $31.5 Million Stolen

Popular South Korean cryptocurrency exchange Bithumb has suspended all deposits and withdrawals following a hack resulting in the theft of more than $31 million worth of cryptocurrencies. This marks the second Korean exchange hack in as many weeks.

456 +

After a $31 Million Hack Crypto Exchange Bithumb Has Stopped Its Services

Bithumb, one of the largest cryptocurrency exchange in South Korea by trading volume, is halting asset deposit and withdrawal services after a hack that has stolen 35 billion won (or $31 million) worth of cryptos from the platform.

531 +

World’s Sixth Largest Crypto Exchange by Trade Volume Bithumb Hacked

Leading South Korean crypto exchange Bithumb, the world’s sixth largest, has been hacked

558 +

Crypto Exchange Bithumb Halts Withdrawals Amid $31 Million Hack

Bithumb, one of the largest crypto exchanges in South Korea by trading volume, confirmed a hack of $31 million worth of cryptos on its platform today.

403 +

Crypto Exchange Bithumb Halts Withdrawals After $31 Million Hack

Bithumb, one of the largest crypto exchanges in South Korea by trading volume, confirmed a hack of $31 million worth of cryptos on its platform today.

406 +

Bithumb south korean exchange cleared by government

After a three-month long investigation, the South Korean government cleared Bithumb crypto exchange with no evidence of wrongdoing found, a local media report on June 8. The government, which described the investigation as intense and extensive, ran a full audit of the exchange’s dealings by building up a search and seizure operation on the exchange’s […]

531 +

South Korean Authorities Find No Illegal Activity in Bithumb Investigation

The investigation into Bithumb by multiple South Korean authorities reveals that there was no wrongdoing on the company's behalf, despite a large tax bill.

452 +