Thursday, August 18, 2022
  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables
No Result
View All Result
Lowyat.NET
No Result
View All Result
Home Cryptocurrency

South Korean Cryptocurrency Exchange Bithumb Gets Hacked; Loses RM140 Million

by John Law
June 20, 2018
101
SHARES
Share on FacebookShare on Twitter

South Korea’s cryptocurrency exchange, Bithumb, was attacked by hackers, making it the second South Korean cryptocurrency exchange to be ransacked. According to the exchange, the hackers managed to bypass its system’s security layers, and scooted off with approximately US$31.5 million (~RM140 million) worth of cryptocurrency.

The hack forced Bithumb to put up a notice on its site, saying that it had stopped all trading after it had discovered the intrusion and began transferring all of its remaining assets into a “safe cold wallet” that was offline. It also said that it would fully compensate all of its customers affected by the hack.

According to Coinmarketcap.com, Bithumb is the sixth busiest cryptocurrency exchange in the world, and handles more than 37 types of virtual currencies.

ADVERTISEMENT

As mentioned earlier, Bithumb was the second cryptocurrency exchange to be hacked within this month. Last week, another South Korean cryptocurrency exchange, Coinrail, was also hacked. Coinrail lost US$28 million (~RM112 million) in the attack. Additionally, the attack also saw the value of Bitcoin drop from its average of RM30000, and is now hovering between the RM25000 and RM27000 mark.

(Source: Reuters, CCN, The Guardian)

Follow us on Instagram, Facebook, Twitter or Telegram for more updates and breaking news. 

Tags: cryptocurrencySouth Korea
Back to top
Share40Tweet25SendShare

ADVERTISEMENT

RELATED ARTICLES

OctaFX 11 anniversary
Finance

Shoot For The Stars – Celebrating 11 Years With OctaFX

by Newsdesk
August 4, 2022
Cryptocurrency
Cryptocurrency

Hackers Drain US$200 Million From Nomad Cryptocurrency Bridge

by John Law
August 3, 2022
Cryptocurrency

Luno Launches New Campaign To Encourage Wider Adoption

by John Law
June 28, 2022
Samsung Galaxy x Starbucks limited edition accessories
Mobile Phones

Samsung Korea Unveils Galaxy X Starbucks Limited Edition Accessories

by Heirul Kamel
June 27, 2022
Load More
No Result
View All Result

TRENDING TODAY

  1. 1
    Apps

    WhatsApp Is Giving You Two Whole Days To Delete Messages

  2. 2
    Telco

    Maxis And U Mobile Reportedly The Only Holdouts From DNB 5G Network

  3. 3
    Fintech

    Touch ‘n Go RFID Fuelling Finally Goes Official: Now Available At 88 Shell Stations

  4. 4
    Cryptocurrency

    South Korean Cryptocurrency Exchange Bithumb Gets Hacked; Loses RM140 Million

  5. 5
    Mobile Phones

    vivo Y35 Now Available In Malaysia For RM 1,099

Consumer Tech News & Reviews Malaysia

NETWORK

  • Hype
  • Murai
  • Lipstiq
  • Diva
  • Varnam
  • Moviedash
  • Autofreaks

ABOUT

  • Advertise
  • Careers
  • Privacy Statement
  • Contact Us
  • Editorial Policy
  • Terms & Conditions

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

No Result
View All Result
  • News
    • Lifestyle
    • Computing
    • Hardware
    • Internet
    • Rumours & Leaks
    • Software
  • Forums
    • Kopitiam
    • Tradezone
    • Property Talk
    • Finance & Business
    • Fast and Furious
  • Gaming
    • PC Gaming
    • Console
    • Esports
  • Mobile
    • Apps
    • OS
    • Tablets
    • Phones
    • Telco
      • Celcom
      • DiGi
      • Maxis
      • Tune Talk
      • U Mobile
      • Buzzme
  • Pricelists
    • Hardware
      • Compu-zone
      • Viewnet
      • Thundermatch
      • Sri Computers
    • Notebooks
      • Compu-zone
    • Smartphones
      • Thundermatch
  • More
    • Automotive Tech
    • Drone
    • Enterprise
    • Entertainment
    • Fashion
    • E-Hailing
    • Wearables

©2022 LOWYAT MEDIA, LLC. ALL RIGHTS RESERVED.

We use cookies to improve your experience. Learn More.