This week, Max Hasselhoff, integration engineer from Bytecoin, takes a look at the Bithumb hack as well as a couple of other hacks and their historical context.
South Korean crypto exchange Bithumb was hacked last night for three million EOS ($13 million) and the exchange believes it was compromised by its own employees.
The deal would make BK Global Consortium the biggest controller of Bithumb and give the company a great competitive advantage.
After renewing its contract with the Nonghyup Bank, Bithumb has resumed the facility of new user registrations starting today i.e. August 30.
$30 million worth of undisclosed cryptocurrencies has been stolen from Bithumb, one of the largest crypto exchanges in South Korea by trading volume.