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Eterbase, a Slovak cryptocurrency exchange, revealed Thursday that it had been hacked for $5.4 million. Cyber-criminals broke into six hot wallets containing bitcoin, ethereum, algo, ripple, tezos, and tron, stealing everything, it said. Hot wallets are active digital asset accounts connected to the internet. Eterbase used these wallets to facilitate day-to-day trading activities on its … Read more
Police in South Korea on Wednesday raided and seized the offices of Coinbit, the country’s third largest crypto exchange, over allegations it faked 99% of its trading volume. According to a report from Seoul News, local police took control of Coinbit’s headquarters in Gangnam as well as other sites elsewhere. Police accuse the exchange’s owner … Read more
South Korean exchange UpBit received four licenses to operate a digital asset exchange in Thailand. Go to Source Powered by WPeMatico
Cryptocurrency exchanges in Korea shrink within national boundaries due to lack of regulatory clarity. Go to Source Powered by WPeMatico
Millions of dollars worth funds stolen from Upbit in November continue to be moved on little-known exchange Byex.com, unknown wallets as well as OKEx Go to Source Powered by WPeMatico
Binance freezes $27k transaction associated with the $50 million hack of South Korean exchange Upbit Go to Source Powered by WPeMatico
In the cryptocurrency world, several exchanges have lost money for a wide variety of reasons. Upbit lost 342,000 Ether in 2019, yet it seems some of the funds may be cashed out fairly soon. It is not uncommon for crypto exchanges to be hacked or drained. Upbit Funds Moves to Binance Although one would expect … Read more
Upbit will start using Chainalysis’ know-your-transaction system in the wake of extending their partnership Go to Source Powered by WPeMatico
South Korean crypto exchange Upbit still bans foreign clients from withdrawing funds Go to Source Powered by WPeMatico
Upbit has completed a security overhaul in response to a hack the platform suffered in late 2019 Go to Source Powered by WPeMatico
