Saturday, March 30, 2019

Hackers Steal $19 Million From Bithumb Cryptocurrency Exchange

Hackers yesterday stole nearly $19 million worth of cryptocurrency from Bithumb, the South Korea-based popular cryptocurrency exchange admitted today.

According to Primitive Ventures' Dovey Wan, who first broke the information on social media, hackers managed to compromise a number of Bithumb's hot EOS and XRP wallets and transferred around 3 million EOS (~ $13 million) and 20 million XRP (~ $6 million) to his newly-created accounts.

The hacker then distributedly transferred the stolen digital assets to his different accounts created on other cryptocurrency exchanges, including Huobi, HitBTC, WB, and EXmo, via ChangeNow, a non-custodial crypto swap platform does not require KYC/account.

Hackers Steal $19 Million From Bithumb Cryptocurrency Exchange

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