this seems bad news because it will make the price destroyed because it will make a lot of traders to panic, hopefully bithumb can have a solution to solve this problem.
No, it's not bad news. The market didn't even react to this news (-2% is nothing), and $30m is an irrelevant amount in the cryptosphere. Also, Bithumb already said they will cover the funds...it's all good now.
30M$ is such an irrelevant amount.
The problem is that, again, some FUD will be spread for nothing.
I mean, even though Bithumb will cover the losses, it doesn't change the fact that they got hacked...for the third time in a year. And it's the second korean exchange to get hacked in less than a month (Coinrail is the other one). There'll be a lot of FUD in South Korea, but tbh, people in that country should be worried about how incompetent the exchanges are.