Bithumb hacked – the South Korean exchange has released a statement detailing its response to the hack in the hopes of calming their customers.
This is not the first time Bithumb that experienced a major hack. The exchange has quickly reacted this time and claims to have secured users funds on its platform. This hack was first reported on Twitter by @DoveyWan and she revealed that over 3 million EOS and 20 million XRP had been transferred from Bithumb.
Bithumb also officially apologized to users. Users have been unable to deposit or withdraw funds. They’re currently reassuring customers and telling them that there is no cause for panic.
We deeply apologize to our members for delaying the cryptocurrency deposit and withdrawal service, we would like to inform you of the circumstances of the grounds and confirm that your assets are safe.
For more details >> https://t.co/dOvT78P0sK
— Bithumb (@BithumbOfficial) March 30, 2019
According to the report from Bithumb, at about 10:15 pm on March 29th, they detected some “abnormal withdrawals of the company’s cryptocurrency” through the exchange’s “abnormal trading monitoring system.”
Bithumb has implied that the theft is most likely from an insider or insiders. They’ve identified that “no external intrusion path” had been identified. They’ve confirmed that they’re working with Korean authorities and other security firms to fully investigate the hack.
Bithumb announced the hack and claimed that around $30 million dollars worth of cruptocurrencies had been stolen from its platform at around 10:13PM. The tweet was later deleted.
#bithumb #hacked why they deleted the tweet tho pic.twitter.com/nFR6u7hP2C
— Prince (@crypto_fated) March 30, 2019
There has been no updates at this point. What do you think? Inside job? Is today’s market a result of this hack? Let us know what you think on our Facebook Page!
