https://cointelegraph.com/news/signs-point-to-inside-job-in-upbit-crypto-exchange-hack-says-commentator
I really don't know what to say, $50 Million worth of money has been stolen again and I'm sure lots of negative news will come out again to undermine crypto specially from it's detractors.
Funny thing though, after the said hacked, bitcoin goes on a run and touch $7800.
Also, there's some movement already, just a matter of time before this hacker makes a mistake an exposed himself, Upbit Theft Update – $16M in Stolen ETH Were Just Transferred.
if those ETH's would be converted fully to btc then slumped down those coins to fiat.It might surely affect the market but only on small margins.
We are almost ending up this year but negative news like this do really pops out randomly.Im aint actually got shocked to these kind of events yet any exchangers would really be a honey pot for all of hackers out there
since they do know that millions of dollars is being stored to these places.