Bithumb Hack: $30M Lost, But Investors will be Compensated

Bithumb hack investors repaid: Another week, another crypto exchange hack. Last Monday, June 11, the world awoke to the news of the Coinrail hack. This week, another South Korean exchange was also hacked. This time around it was Bithumb. In the Bithumb hack, roughly $30M in digital assets was stolen.

Don’t worry, though – Bithumb has confirmed that investors will be fully compensated.

Bithumb Hack: How it Went Down

On Wednesday, June 20th, Bithumb posted on social media that the crypto exchange had been hacked, with the amount lost totaling to $30M. Of course, …