The Korean exchange says it has clawed back some of the millions lost in a theft of cryptocurrencies including bitcoin, XRP and bitcoin cash.
South Korea’s Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the losses arising from a major hack earlier this week.
Hours after an exchange breach that saw $31 million stolen from Bithumb, more details have surfaced, but some questions still remain unanswered.
Bithumb, one of the largest crypto exchanges in South Korea by trading volume, confirmed a hack of $31 million worth of cryptos on its platform today.
South Korea-based Coinrail has not disclosed the exact amount lost in the breach, but data suggests the damage could be $40 million.
Privacy-oriented cryptocurrency verge has dealt with several attacks recently, displaying how difficult it is to code blockchains without exploits.
Hackers who stole personal information on 90,000 Canadian bank users have demanded $1 million in Ripple’s XRP to not release the data trove.
Parity Technologies has said it has no plans to move forward with a code change that would result in an ethereum blockchain split.
Hacked Japanese cryptocurrency exchange Coincheck is to accept a takeover offer from online brokerage Monex Group, a news report indicates.
Crypto Aware found that cryptocurrency hacks and scams in 2018 are worth about 40 percent of all incidents between 2011 and 2018. Hacks and Scams in 2018 Worth 40 Percent of $1.7 Billion-Worth Incidents of Last Seven Years Crypto Aware, a decentralized token investment-management community, has found that over $1.7 billion-worth of cryptocurrencies were lost to… […]
Japanese online broker Monex has offered to buy a majority stake in Coincheck crypto exchange for “several billion of yen,” aims to replace management. #NEWS
Cybersecurity has become one of the biggest threats of our time, with about 7% of the world’s economic output at risk of being stolen. Blockchain technology is one solution, which is why so many new blockchain startups have appeared on the scene to tackle the issue of cybersecurity, but is that enough? Which ones are actually effective? Looking at […]
Around $6.2 million-worth of cryptocurrency was hacked from exchange accounts and wallet services in 2017, Japan’s National Police Agency says.
Coincheck, the Japanese cryptocurrency exchange at the center of a recent hack, starts reimbursing victims today.
Japanese cryptocurrency exchange Coincheck has said it plans to compensate victims of its January hack starting next week.