Crypto-news: One of the largest crypto exchange in South Korea, Bithumb, has been hacked.

Hi fellow Steemians!

It's being reported that one of South Korea's largest cryptocurrency exchanges, Bithumb, has been hacked and approximately 35 billion won ($31 million) worth of cryptos have been stolen from the platform.

Bithumb has halted its asset deposit and withdrawal services.

Further, Bithumb has moved other assets to a cold wallet that is not accessible through the internet.

If you're a user of Bithumb, there is a small bit of positive news. Apparently the losses will be covered by the platform.

This hack is the second incident in less than two weeks in South Korea, where Coinrail - another crypto exchange in Korea - was hacked on June 10.

To be honest, not much can be done on our (customer's) side when it comes to hacking. We just have to stay vigilant.

Source: Coindesk
Image source: Bitcoin Wiki