Crypto Markets Fall Further Amidst Week of FUD From Asian Sector
Crypto market slumps further despite positive news of an end to the Mt. Gox Bitcoin sell offs Go to Source Powered by WPeMatico
Bithumb
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Bithumb Lowers Theft Estimate – Will Fully Repay Customers Despite Deficient Insurance
South Korean exchange Bithumb has lowered its theft estimate from the original amount after undergoing some of the recovery process. The exchange promises to fully repay customers using its own fund even though its insurance is unlikely to cover the loss. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Theft Amount Reduced South Korea’s … Read more
Sixth-Largest Crypto Exchange Bithumb Hacked, $30 Million Lost
The world’s sixth-largest cryptocurrency exchange, Bithumb, was hacked and approximately $30 million worth of cryptocurrencies were stolen. The exchange broke the news of the hack via Twitter, where it also informed its users that it was changing its wallet system due to safety concerns. This isn’t the first time that Bithumb, which is the second-largest … Read more
Investigation Underway: Korean Government Seeks Cause of Crypto Hacks
Following the alleged hacks of South Korean crypto exchanges, the government has formally launched an investigation into the cause of the hacks. The authorities will also perform security checks on all crypto exchanges’ systems. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Government’s Response The South Korean government announced on Wednesday, June 20, that it … Read more
SUSPICIOUS BITHUMB HACK CONNECTED TO BITBLENDER DARK WEB SERVICE
June 21, 2018 Diego Garcia, British Indian Ocean Territory (BIOT): Attorney Jonathan Levy predicts the $32 million in cryptocurrency reported hacked from Bithumb Exchange was laundered through Bitblender.io. Bitblender.io boasts it is the “#1 Bitcoin Mixer on the Darknet.” Bitblender claims to use smart technology to erase Bitcoin history and make transactions 100% anonymous in … Read more
Hacked S. Korean Crypto Exchange Bithumb Confirms It Will Reimburse Affected Users
South Korean crypto exchange Bithumb stated it will reimburse users affected by the $30 mln hack that took place two days ago Go to Source Powered by WPeMatico
Bitcoin Price Watch: Currency Still at $6,700
Bitcoin is not changing. This is both a negative and a positive sign. $6,700 is nothing to be particularly pleased about considering the currency was trading in the $7,000, $8,000 and even $9,000 ranges over the past two months, yet we can’t help but feel a little relieved that bitcoin has not dropped any further. … Read more
Bithumb Hack Does Not Change Bitcoin Fundamentals, Says Litecoin Founder Charlie Lee
Charlie Lee says that recent Bithumb hack cannot affect Bitcoin’s fundamentals the same way a bank robbery should not affect the price of gold Go to Source Powered by WPeMatico
Korean Government Details Regulatory Plans After Multiple Crypto Exchange Hacks
Following multiple hack reports, the South Korean government explains how it will strengthen the regulatory framework for cryptocurrency exchanges. A bill has already been submitted which imposes multiple new obligations on crypto exchanges. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Korean Government’s Solution Following recent reports of multiple security breaches at cryptocurrency exchanges, … Read more
Bithumb – Details Still Sketchy After $30 Mln Hack
Bithumb – What we know after $30 million hack Go to Source Powered by WPeMatico