Felipe Erazo reports: A new report commissioned by the U.S. secret services unveiled what happened behind the attack launched by North Korean hackers against a South Korean crypto exchange. The case is about a breach on June 29, 2017, which exposed data tied to over 30,000 customers stemming from Bithumb. Hackers Threatened to ‘Destroy’ Data…
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Investor losses legal battle against Bithumb for 2017 data breach incident
Felipe Erazo reports a follow-up on one of Bithumb’s breaches. Previous coverage of their breaches can be found on DataBreaches.net, linked from here. This particular update concerns events in 2017, which led to a government investigation and then fines, apart from the civil suit involved in this report. There was also an indictment of Bithumb…
Bithumb Hit with Data Leak Charges, Denies Link to Hack
Tim Alper reports: South Korea’s prosecution authorities have indicted Bithumb, one of the country’s largest cryptocurrency exchanges, accusing the platform of leaking sensitive financial data on around 31,000 of its customers. However, the company claims that the leak – which prosecutors say occurred in 2017 – and a hack worth some USD 6 million that…
Bithumb Hacked Again? – Hackers Reportedly Steal $15 Million in EOS
Seen on Bitcoinist: In a notice published on the company’s website on Saturday (March 30, 2019), Bithumb apologized to its users for inconveniences suffered on account of its decision to temporarily suspend deposit and withdrawals services on the platform. According to the statement, the move was a precautionary step following the detection of unusual cryptocurrency…
Bithumb $31 Million Crypto Exchange Hack: What We Know (And Don’t)
Wolfie Zhao reports: On Wednesday, roughly 35 billion Korean won (around $31 million) in cryptocurrency was stolen by hackers from the South Korea-based exchange Bithumb. Although the breach may not be as severe as the $530 million hack of the Coincheck exchange earlier this year, the fact that Bithumb now ranks as the sixth biggest…
South Korean Gov’t Investigating Bithumb Security Breach, World’s Largest Cryptocurrency Exchange
Joseph Young reports: Local news publications and leading media outlets in South Korea have reported that Bithumb, the world’s largest cryptocurrency exchange by trading volume, suffered a security breach that affected 30,000 users on the trading platform. Seoul Central Prosecutor’s Office for Advanced Criminal Investigation has announced that it had taken over the case and…