Post
Topic
Board Trading Discussion
Re: Bithumb Got Hacked Stolen 30 Million dollars worth of crypto (June 20, 2018)
by
audaciousbeing
on 21/06/2018, 20:34:42 UTC
Hello guys,

Recently BitHumb got hacked and the total amount is more than 30 million dollars worth of crypto.

Bithumb suspended all of the withdrawal from their exchange and notified the affected users that they will shoulder the stolen amount.

Bithumb is No.6 Crypto Exchange based on volume https://coinmarketcap.com/exchanges/volume/24-hour/

Here is the reference of news : https://bithumb.cafe/archives/33189

When I saw the notification of this, I only sigh "not again" because its not just the right time that things like this should be happening at. The market does not need any more bad news to react to, giving one more means the worst is already knocking oon our doors. On the bright side though, I would take it as a test on the market because for $30million dollars to be stolen with no significant change in price compared to base price prior the attack means bitcoin is actually getting stronger and the market is currently calm for anyone who wants to make an investment decision.

The good thing again is to commend Bitthumb for managing the situation very well by quickly contacting the affected users who might be in the know and at the same time ensuring the safety of their funds which might be the reason for the maintenance of existing confidence in the market configuration.