$30 mln in coins was stolen from South Korean cryptocurrency exchange

South Korea-based cryptocurrency exchange Bithumb announced Wednesday it was temporarily suspending deposit and withdrawal services after about $30 million worth of cryptocurrency was stolen.

The Seoul-based operator said on Twitter that the stolen coins would be covered from Bithumb’s own reserves and that all users’ assets are being transferred to safer “cold wallet.”

South Korea-based cryptocurrency exchange Bithumb said Wednesday it was temporarily suspending deposit and withdrawal services after about $30 million worth of cryptocurrency was stolen.

The Seoul-based operator said on Twitter that the stolen coins would be covered from Bithumb’s own reserves and that all users’ assets are being transferred to safer “cold wallet.”

Source: CNBC & Reuters