Home General Various News Major Bitcoin Exchange 'Bithumb' Hacked

Major Bitcoin Exchange 'Bithumb' Hacked

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Bithumb, one of the largest cryptocurrency exchanges in the world, has been hacked. 30,000 customers had their data compromised due to the attack and Korea’s Internet & Security Agency is looking into the situation following claims from customers that they lost money.

Full details remain unavailable, though Bithumb has said passwords weren’t compromised in the breach. The company says its servers weren’t affected, but an employee computer was compromised. This limited the damage that could be done.

The employee PC, not the head office server, was hacked. Personal information such as mobile phone and email address of some users were leaked. However, some customers were found to have been stolen from because of the disposable password used in electronic financial transactions. – Bithumb

It’s the fourth-largest cryptocurrency exchange in the world based on daily transaction volume.

Phishing attacks were carried out utilizing the stolen data, which in some cases led to people being scammed out of funds.

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