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Author Topic: Crypto Exchange Bithumb Reportedly Hacked  (Read 286 times)
aioc
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March 31, 2019, 11:01:48 AM
 #21


Bithumb is the largest cryptocurrency exchange in South Korea and it has been hacked for second time
for a huge number of EOS and XRP. It was hacked last year also when 30$ million worth crypto was  stolen.
This is why we should not hodl our coins on exchanges  as there is no week that some of them is not hacked.
DragonEx Exchange got hacked a few days ago as well.

Well, it seems no improvement in their security has been taken out, the hackers had a much better skill than their security officers,  people will think it's an inside job, like what happens to Cryptopia, why can't these exchange like Kucoin or BInance, they are well secured.

kickdapa
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March 31, 2019, 06:36:15 PM
 #22

After the Cryptopia, DragonEx, some others exchange and now the Bithumb! So, within three months, a couple of good crypto exchange got hacked! We are not safe anywhere in the crypto, this is why everyone shouldn't hold money in any exchanges! I don't know how much money will be stolen this year, last year crypto market lost more than 1.2 Billion USD from the exchange hack, this year, almost 250 Million USD stolen by the hacker within three months! Oh, these numbers are horrible

Bitcotalk
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April 01, 2019, 07:27:11 PM
 #23

I am not sure if this news is 100% sure, but I don't think we should be surprised if the news is true because we have seen a lot of news about crypto exchange being hacked recently and I believe we are even going to see much more hack because this hackers are not sleeping and are working hard night and day to make sure they are able to hack as many exchanges as possible, so that they can make many money as possible.
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April 01, 2019, 07:38:52 PM
 #24

This is really a disappointment and knowing Bithumb is the largest crypto exchange in Korea. And they should have hire great cyber security team and some elite developers to implement a much better security in their exchanges. They have millions of money from trading fees and they have to used it to spend in the security of their exchange.
thinkright
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April 01, 2019, 08:04:13 PM
 #25

This should serves as a caution to the entire crypto community. These are some of the downside or holding huge funds on exchange when you intend to hold.

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pinoycash
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April 01, 2019, 08:07:58 PM
 #26

Inside Job  Grin it could be the janitor assigned cleaning the server room where the private key as stored.

What happening in these exchange, They are not thinking too highly on security. How many times they need to get hack before they get things right.


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