Print Edition - 2018-06-21  |  Money Digest

Hackers steal $30m from top bitcoin exchange

SEOUL

Jun 21, 2018-

Hackers stole more than $30 million worth of cryptocurrencies from South Korea’s top bitcoin exchange, sending the unit’s price falling around the world on Wednesday. The virtual currency was priced at $6,442 late afternoon in Seoul, down about 4.4 percent from 24 hours earlier, after the latest attack on Bithumb raised concerns over cryptocurrency security. Hyper-wired South Korea has emerged as a hotbed of trading in virtual units, at one point accounting for some 20 percent of global bitcoin transactions — about 10 times the country’s share of the global economy. Bithumb, which has more than 1 million customers, is the largest virtual currency exchange in the South. “It has been confirmed that virtual currencies worth $32 million was stolen through late night yesterday to early morning today,” the exchange said. (AFP)

Published: 21-06-2018 08:09

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