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South Korea's Bithumb loses $32 million in digital money heist, bitcoin falls

Updated : June 20, 2018 09:50 AM IST

Bithumb said in a notice on its website on Wednesday that it had stopped all trading after ascertaining "some cryptocurrencies worth about 35 billion won were seized between late yesterday and early morning today."
The exchange, the sixth busiest in the world according to Coinmarketcap.com, said it had stored "all clients' assets in safe cold wallets," which operate on platforms not directly connected to the internet.
South Korea's Bithumb loses $32 million in digital money heist, bitcoin falls
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