Crypto Exchange Bithumb Halts Services Amid $31 Million Hack

Bithumb, one of the largest cryptocurrency exchange in South Korea by trading volume, is halting asset deposit and withdrawal services after a hack that has stolen 35 billion won (or $31 million) worth of cryptos from the platform. The company said in an announcement today that the hack happened since late Tuesday night until early Wednesday […]

Continue Reading

Trump Sanctions on North Korea Won’t Stop Crypto Hacks, Senator Says

The Trump administration imposed new sanctions on North Korea last week, but one U.S. senator has said that the measures don’t go far enough in deterring the reclusive country’s efforts to steal cryptocurrencies. The sanctions were unveiled on Feb. 23, targeting North Korea’s shipping and maritime trading industries. The goal, as stated at the time, […]

Continue Reading