Korean Cryptocurrency Exchange Bithumb Loses More Than $30 Million in Hack

Seoul-based bitcoin exchange Bithumb said it had lost $31.56 million (35 billion won) worth of cryptocurrencies as the result of being hacked, the second cyberattack in two weeks to hit a major South Korean cryptocurrency exchange as safety concerns hamper the industry and weigh on prices. Bithumb has temporarily halted withdrawal and deposit services. The company said it would compensate customers for all lost assets.

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