Topic: another crypto exchange hacked - page 3. (Read 470 times)
Well unless they will cover up the losses, It seems that South Korean exchanges are favorite targets of hackers or maybe some exchanges security are just weak. This is not one of the biggest stolen funds of all but if this happens regularly traders will begin to lose confidence trading in big or small exchanges.
Major South Korean crypto currency exchange Upbit has notified users of the theft of 342,000 Ether (ETH) from It's hot wallet via a on site notice.
Upbit CEO, Lee Seok-woo has pledged to cover losses (342,000 ETH) through corporate asset and have already moved crypto assets held in its hot wallet to cold storage.
Deposits and withdrawals will take at least two weeks to resume, with Lee Seok-woo promising to inform users as soon as they reopen,
I think there is nothing secure.
Source: CoinTelegraph
Upbit CEO, Lee Seok-woo has pledged to cover losses (342,000 ETH) through corporate asset and have already moved crypto assets held in its hot wallet to cold storage.
Deposits and withdrawals will take at least two weeks to resume, with Lee Seok-woo promising to inform users as soon as they reopen,
I think there is nothing secure.
Source: CoinTelegraph
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