Korea’s Biggest Bitcoin Ethereum Exchange Suffers ‘Hack’… Sort Of (The Cryptoverse #297)

Korea’s Biggest Bitcoin Ethereum Exchange Suffers ‘Hack’… Sort Of (The Cryptoverse #297)





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When something like this happens there can be a lot of panic the results. Today I wanted to clearly lay out what happened here, the circumstances that allowed it to happen and then give you some reassurance that these stories do not mean cryptocurrencies themselves are not secure.

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**Sources:**
http://coinmarketcap.com/currencies/ethereum/#markets

https://www.bithumb.com/EN/

https://www.cryptocoinsnews.com/koreas-biggest-bitcoin-ethereum-exchange-compensate-customers-hack-korean-bitcoin-exchange-bithumb-promised-compensate-users-following-data-breach-users-pers/

http://news.mk.co.kr/newsRead.php?year=2017&no=445387

http://english.yonhapnews.co.kr/national/2017/07/03/52/0302000000AEN20170703010400320F.html

http://www.coindesk.com/korean-bitcoin-exchange-to-pay-back-account-thefts/

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