Post
Topic
Board Exchanges
Re: Bithumb Hacked
by
sunsilk
on 30/03/2019, 19:56:08 UTC
Isn't this the second time this exchange get hacked? Regardless of how it was done and how big the amount was, I think that hacks will continue until we understand that the solution is to start using decentralized exchanges where users have full control over their private keys.

Exactly, the first hacked happened around June 2018 if I'm not mistaken.
Yeah I recall them as well that they have been hacked before. When I did few searches, it was last 2017.

Fourth largest Bitcoin exchange. Bithumb, hacked for billions of Won - the article was dated July 2017.

Regardless of the date.

One risk of centralize exchanges is like this, there can be an inside job that can lead to millions of loss.