Math Bithumb: the Exchange has revised the amount of damages after breaking $ 31 million to $ 17 million

Math Bithumb: the Exchange has revised the amount of damages after breaking $ 31 million to $ 17 million

Once the largest cryptocurrency exchange based in Seoul, Bithumb lowered the assessed value stolen during the hack attack of assets, 35 billion won (about 31 million dollars) to 19 billion won (about $ 17 million), as announced in its official blog today, June 28.

Bithumb first reported the burglary on June 20, temporarily halting all deposits and withdrawals. The Ministry of science and technology in South Korea have launched a study of the causes underlying the burglary.

According to Bithumb “the main reason” reducing the appraised value of losses up to $ 17 million. The US is “continuing engagement, support and collaboration between cryptocurrency exchanges and founders of the cryptocurrency around the world.” Separately were noted the important factor is the timely movement of assets from hot wallet to cold.

In today’s report mentioned 11 crypto currencies that were stolen, among them 2 016 bitcoins worth about $ 12.3 million, respectively. USA and 2 219 Ethereum, which cost approximately 965 000 USD.

Bithumb still asks users to refrain from making any deposits until the exchange officially does not declare the complete security of such actions.

According to information received from officials of the Sentinel Protocol, a project dedicated to discovering hackers and fraud hot wallet was hacked in the night of June 19. The news of the hacking had a negative impact on the exchange rate of the cryptocurrency. Then Bitcoin lost nearly $ 200 in price.

According to CoinMarketCap, Bithumb is ranked 6th in the world and 2nd place for the exchange of cryptocurrency in South Korea. Daily trading volume is in excess of 330 million dollars.

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