that really bad news for us now the price like gonna be down more
$35 million WOW ,, hacker being unsettle nowday
better if we put our ballance or coin/token in cold wallet
saving in exchange now be worrying
but the good think the will recover what their costumer lost
Topic: Bithumb under attack ? - page 2. (Read 333 times)
Wow, this is very sad. Exchanges getting hacked are something that keeps on occurring in crypto and it's so bad. Anyways I hope they can get some amounts to compensate back people who have their coins affected.
This bad news only make the market crash a few hours and the price of crypto back to bullish at the moment, look like crypto community still strong and bullish trend will continue, although any bad news but the price still uptrend and this is good thing for crypto market.
Just got a text and email from Bithumb :
That's about 32 millions stolen.
Its sad to see and hear that kind of news, I hope they recover this kind of situation and for the hackers karma is every where and it will hunt you forever. That's why we need to be extra careful because we don't know when hackers will be attack. Quote
Bithumb urgently ask our valuable customers not to deposit any fund into Bithumb wallet addresses for the time being.
We noticed that between last night and today early morning,
about 35,000,000,000 KRW worth cryptocurrencies have been stolen.
However, this loss will be compensated by Bithumb's own reservoir,
and all assets of our customers are securely saved in Bithumb’s cold wallet,
hence all asset is completely safe and secured.
However, due to implementing enhancement as well as undergoing safety check on deposit/withdrawal services, cryptocurrency deposit/withdrawal and KRW withdrawal service will be halted for time being and until services are thoroughly reviewed.
Further announcement will be made in due course.
We sincerely apologise for the inconvenience.
Our priority is to secure our customers asset at all time,
and we will continue our best to better serve our customers.
Thank you.
We noticed that between last night and today early morning,
about 35,000,000,000 KRW worth cryptocurrencies have been stolen.
However, this loss will be compensated by Bithumb's own reservoir,
and all assets of our customers are securely saved in Bithumb’s cold wallet,
hence all asset is completely safe and secured.
However, due to implementing enhancement as well as undergoing safety check on deposit/withdrawal services, cryptocurrency deposit/withdrawal and KRW withdrawal service will be halted for time being and until services are thoroughly reviewed.
Further announcement will be made in due course.
We sincerely apologise for the inconvenience.
Our priority is to secure our customers asset at all time,
and we will continue our best to better serve our customers.
Thank you.
That's about 32 millions stolen.
thats Sad , im dissapointed , i though that this exchange is too "big" for a hack , but as we can see that happend ;/
There's no such thing as too big for a hack. Few years ago Bitfinex was also hacked.The hack is really bad for the market but bithumb announced that they will cover the stolen funds of customers so it is just bad as for the reputation of the exchange and the market.
Doesn't seem that bad prices are still up despite of the recent hack. I don't think it'll ruin their reputation i've seen other exchanges get hacked and people still uses them regularly even though they know that these exchanges could be hacked again that's the risk you have to take when your funds are in an exchange.thats Sad , im dissapointed , i though that this exchange is too "big" for a hack , but as we can see that happend ;/
No you're not. You just saying bullshit. Get outta here, you doodoo.
I'm glad it didn't really affect the price, I guess people see this as a norm. Too many Bitcoins not in cold storage. I really hope they find the people who did this.
Just got a text and email from Bithumb :
That's about 32 millions stolen.
Quote
Bithumb urgently ask our valuable customers not to deposit any fund into Bithumb wallet addresses for the time being.
We noticed that between last night and today early morning,
about 35,000,000,000 KRW worth cryptocurrencies have been stolen.
However, this loss will be compensated by Bithumb's own reservoir,
and all assets of our customers are securely saved in Bithumb’s cold wallet,
hence all asset is completely safe and secured.
However, due to implementing enhancement as well as undergoing safety check on deposit/withdrawal services, cryptocurrency deposit/withdrawal and KRW withdrawal service will be halted for time being and until services are thoroughly reviewed.
Further announcement will be made in due course.
We sincerely apologise for the inconvenience.
Our priority is to secure our customers asset at all time,
and we will continue our best to better serve our customers.
Thank you.
We noticed that between last night and today early morning,
about 35,000,000,000 KRW worth cryptocurrencies have been stolen.
However, this loss will be compensated by Bithumb's own reservoir,
and all assets of our customers are securely saved in Bithumb’s cold wallet,
hence all asset is completely safe and secured.
However, due to implementing enhancement as well as undergoing safety check on deposit/withdrawal services, cryptocurrency deposit/withdrawal and KRW withdrawal service will be halted for time being and until services are thoroughly reviewed.
Further announcement will be made in due course.
We sincerely apologise for the inconvenience.
Our priority is to secure our customers asset at all time,
and we will continue our best to better serve our customers.
Thank you.
That's about 32 millions stolen.
This is a good movement and wise decision of the bithumb group in order to protect the asset of there customer and maintain there honor to the public,they secure there website and those remaining fund in there exchanges theu put in another bithumb cold wallet to protect from harmful hackers,actualy this hacking situation is not my first time i heard this kind of story,its happen also in binance,etherdelta and even in parity wallet thats why,if we entrust our crypto coins its better that we have an exchange trading secured and low market caps in order to protect our portfolio.
thats Sad , im dissapointed , i though that this exchange is too "big" for a hack , but as we can see that happend ;/
There's no such thing as too big for a hack. Few years ago Bitfinex was also hacked.The hack is really bad for the market but bithumb announced that they will cover the stolen funds of customers so it is just bad as for the reputation of the exchange and the market.
Doesn't seem that bad prices are still up despite of the recent hack. I don't think it'll ruin their reputation i've seen other exchanges get hacked and people still uses them regularly even though they know that these exchanges could be hacked again that's the risk you have to take when your funds are in an exchange.I also heard that it got hacked and 35 billion were stolen.Has the hack affected the price of bitcoin?.can anyone explain me this?
It didn't affect the price of Bitcoin. 
$32 million stolen funds is not that seriously affect the Bitcoin price despite of this recent hacking. But it is quite alarming because even the best exchange can be hacked. But the good thing is they are going to cover the stolen funds. Unlike other exchange that just disappeared. All exchanges should do this also so people who are using their service are insured. Anyway, the error was at their side. So people should not suffer from that loss.
Where'd you get this news? All i know is only $32 million of funds worth of crypto were stolen from Bithumb. 35 billion i think the value of money in korean currency. But good thing Bitcoin is not seriously affected from the recent hack. https://www.coindesk.com/bitcoin-retains-short-term-bull-bias-despite-exchange-hack/
I also heard that it got hacked and 35 billion were stolen.Has the hack affected the price of bitcoin?.can anyone explain me this?
Where'd you get this news? All i know is only $32 million of funds worth of crypto were stolen from Bithumb. 35 billion i think the value of money in korean currency. But good thing Bitcoin is not seriously affected from the recent hack. https://www.coindesk.com/bitcoin-retains-short-term-bull-bias-despite-exchange-hack/
Yeah, I've heard of these news. But taking into account that it's been third cyber attack already for the last year for Bithumb something seems suspicious here to me. Isn't it possible that they're just simulating all those attacks in order to stay in the public eye?
Just got a text and email from Bithumb :
That's about 32 millions stolen.
Quote
Bithumb urgently ask our valuable customers not to deposit any fund into Bithumb wallet addresses for the time being.
We noticed that between last night and today early morning,
about 35,000,000,000 KRW worth cryptocurrencies have been stolen.
However, this loss will be compensated by Bithumb's own reservoir,
and all assets of our customers are securely saved in Bithumb’s cold wallet,
hence all asset is completely safe and secured.
However, due to implementing enhancement as well as undergoing safety check on deposit/withdrawal services, cryptocurrency deposit/withdrawal and KRW withdrawal service will be halted for time being and until services are thoroughly reviewed.
Further announcement will be made in due course.
We sincerely apologise for the inconvenience.
Our priority is to secure our customers asset at all time,
and we will continue our best to better serve our customers.
Thank you.
We noticed that between last night and today early morning,
about 35,000,000,000 KRW worth cryptocurrencies have been stolen.
However, this loss will be compensated by Bithumb's own reservoir,
and all assets of our customers are securely saved in Bithumb’s cold wallet,
hence all asset is completely safe and secured.
However, due to implementing enhancement as well as undergoing safety check on deposit/withdrawal services, cryptocurrency deposit/withdrawal and KRW withdrawal service will be halted for time being and until services are thoroughly reviewed.
Further announcement will be made in due course.
We sincerely apologise for the inconvenience.
Our priority is to secure our customers asset at all time,
and we will continue our best to better serve our customers.
Thank you.
That's about 32 millions stolen.
Awts sorry for those people have an investment in bithumb, hoping bithumb get into the normal operation and for the people have an investment hoping bithumb managment get also to the customers their loses, i understand is that not fault of bithumb but its a responsibility of the bithumb management.
I'm starting to think the rapid developments of decentralized exchange need to start to happen. Lately, we usually see an exchange getting hacked days by day. I believe it could reasonably be solved with the help of decentralized exchanges. The problems are there is lack of promising and potential of decentralized exchange being developed. The problem is either lack of liquidity and bad UX.
Hacking of course is very disturbing and provoked the attention of every user cryptocurrency, especially the disadvantaged side of Bithumb, besides that of course the impact will be felt by some market players though only for a moment. I hope this news is not being used by FUD to manipulate news content in the media.
Not only that, the credibility of Bithumb will surely increase in the eyes of the world as the best exchange.
Another reason for bitcoin and others cryptocurrencies price to fall. I pray this issues of attacks be rectified and more security be inputed into some of this platforms that are easy to attack. Investing into cryptocurrencies come with it own risk and this is one of those risk.
Not only that, the credibility of Bithumb will surely increase in the eyes of the world as the best exchange.
The hack is really bad for the market but bithumb announced that they will cover the stolen funds of customers so it is just bad as for the reputation of the exchange and the market.
When I hear about a hack of exchange, it disturbs. I have the belief that an exchange should be the most difficult to hack. It is similar to a Central Bank being robbed.
However, it is sad it happened, and they are going to compensate any user who is affected.
Nice comparison but central banks is way more secure than on those things who are built online which they are really more prone to attacks at any angles which is entirely different on Central banks but well the idea or concept is just the same. hearing about compensation is somehow surprising thing for me because most hacked exchange wont really take any actions just like what happen on BTC-e.However, it is sad it happened, and they are going to compensate any user who is affected.
they have 400 mil daily volumen what gives us around 0,6 mln daily income from fees. That gives 50 day income. Im not surprised they decided to compensate users loss. 50 day income is not that much cosindering something as syrious as exchange hack. 30 mil is not too much and i think it wont have any long/middle term impact on market.
They would really risk or sacrifice that amount to be patch up on the compensation since they do know their reputation is at risk. 
True. It did happen.
XRP is the target. Now this should be a lesson to other exchanges. First it was Coinrail and now this "Bithumb".
Both are Korean exchange but that doesnt mean others cannot be attacked. Maybe they just found out a weaker side with this two.
They should really upgrade their defenses or else this could happen again. 2 in one month is not a good sign. This could affect the value of our coins.
XRP is the target. Now this should be a lesson to other exchanges. First it was Coinrail and now this "Bithumb".
Both are Korean exchange but that doesnt mean others cannot be attacked. Maybe they just found out a weaker side with this two.
They should really upgrade their defenses or else this could happen again. 2 in one month is not a good sign. This could affect the value of our coins.
Another reason for bitcoin and others cryptocurrencies price to fall. I pray this issues of attacks be rectified and more security be inputed into some of this platforms that are easy to attack. Investing into cryptocurrencies come with it own risk and this is one of those risk.
When I hear about a hack of exchange, it disturbs. I have the belief that an exchange should be the most difficult to hack. It is similar to a Central Bank being robbed.
However, it is sad it happened, and they are going to compensate any user who is affected.
However, it is sad it happened, and they are going to compensate any user who is affected.
Just got a text and email from Bithumb :
That's about 32 millions stolen.
It is very sad that the money was stolen, but the exchange's rate will probably increase a lot now, as they compensated the full amount to their users from their pocket. That's a huge amount of money for them, you know. It's about 10% of the total amount of money circulating on the market. This exchange is very successful, it is good to know they are reliable people.Quote
Bithumb urgently ask our valuable customers not to deposit any fund into Bithumb wallet addresses for the time being.
We noticed that between last night and today early morning,
about 35,000,000,000 KRW worth cryptocurrencies have been stolen.
However, this loss will be compensated by Bithumb's own reservoir,
and all assets of our customers are securely saved in Bithumb’s cold wallet,
hence all asset is completely safe and secured.
Thank you.
We noticed that between last night and today early morning,
about 35,000,000,000 KRW worth cryptocurrencies have been stolen.
However, this loss will be compensated by Bithumb's own reservoir,
and all assets of our customers are securely saved in Bithumb’s cold wallet,
hence all asset is completely safe and secured.
Thank you.
That's about 32 millions stolen.
they have 400 mil daily volumen what gives us around 0,6 mln daily income from fees. That gives 50 day income. Im not surprised they decided to compensate users loss. 50 day income is not that much cosindering something as syrious as exchange hack. 30 mil is not too much and i think it wont have any long/middle term impact on market.
Well, it is pretty much. They surely made the rights choice, but from I remember from exchange hacks, owners usually don't do anything like that.
I also heard that it got hacked and 35 billion were stolen.Has the hack affected the price of bitcoin?.can anyone explain me this?
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