Timeline: More Than $1 Billion in Cryptocurrency Thefts Since September 2012

Article 0 Comments Investors’ shaky confidence in virtual currencies took another hit after crypto exchange Bithumb, ranked seventh in the world by traded value on Coinmarketcap.com, suffered a hack that saw about 35 billion won ($32 million) worth of coins stolen. The South Korean exchange became the nation’s second venue […]

Hackers Steal $32M from S. Korean Cryptocurrency Exchange Bithumb

Article 0 Comments South Korean cryptocurrency exchange Bithumb said 35 billion won ($31.5 million) worth of virtual coins were stolen by hackers, the second local exchange targeted in just over a week as cyber thieves exposed the high risks of trading the digital asset. Bithumb said in a notice on […]

Bitcoins Worth $3M Stolen from India’s Cryptocurrency Trading Platform Coinsecure

Article 1 Comments One of India’s biggest cryptocurrency trading platforms has lost about 438 Bitcoins worth some 190 million rupees ($3 million), allegedly due to a rogue employee. An official at Delhi-based Coinsecure was extracting Bitcoin to distribute to customers and he claims the funds were lost in the process, […]

Coincheck Will Start Compensating 260,000 Victims of $500M Cryptocurrency Heist

Article 0 Comments Coincheck Inc. said it will start compensating users who had their cryptocurrency stolen beginning as soon as next week, as the Japanese exchange seeks to resume more of its operations. All of the 260,000 users impacted by the theft of NEM coins in the Jan. 26 theft […]