Major cryptocurrency exchange Bithumb halts trading after more than $31 million hack

Major cryptocurrency exchange Bithumb halts trading after more than $31 million hack

6 years ago
Anonymous $cyhBy-qkd5

http://www.washingtonpost.com/blogs/the-switch/wp/2018/06/19/major-cryptocurrency-exchange-bithumb-halts-trading-after-more-than-31-million-hack/

SEOUL – One of the largest cryptocurrency exchanges suspended operations Wednesday after announcing that hackers stole more than $31 million worth of virtual currency, pushing down the value of some top names including Bitcoin.

The attack on the South Korea-based exchange, Bithumb, was smaller in value than some of the biggest hacks on cryptocurrencies. But it underscored the potential vulnerabilities for web-based trading and sent ripples across many cryptocurrency networks.

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