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Bithumb Hack
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Bithumb Hack: Exchange Informs User’s Funds Are Safe; Employee Embezzlement Suspected?

Bithumb, one of the leading Cryptocurrency Exchanges in South Korea has experienced another hack. Bithumb reported on Saturday 30th March 2019 that while the user’s funds were safe from an outside infiltration, an ‘internal embezzlement incident’ has been suspected. Funds have reportedly been stolen from the company’s ‘hot wallet.’ On 29th March, the transaction monitoring system of the

Bithumb, one of the leading Cryptocurrency Exchanges in South Korea has experienced another hack. Bithumb reported on Saturday 30th March 2019 that while the user’s funds were safe from an outside infiltration, an ‘internal embezzlement incident’ has been suspected. Funds have reportedly been stolen from the company’s ‘hot wallet.’ On 29th March, the transaction monitoring system of the