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Crypto Exchange Bithumb Hacked for $13 Million in Suspected Insider Job

Mar 30, 2019đź‘ŽBearish

South Korean crypto exchange Bithumb has had around $13 million in the EOS cryptocurrency stolen in a hack it suspects was an insider job.

The news comes nearly a year after Bithumb was hacked for some $30 million-worth of cryptocurrencies. The exchange experienced an initial loss of 2,016 bitcoin, 2,219 ether and other coins, but later claimed to have retrieved $14 million-worth of the hacked funds.

The company said in its statement that it suspects the hack was conducted by an insider, since no evidence of external exploit has been found.

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