This morning, the second South Korean cryptocurrency exchange in two weeks announced it has been hacked. There is a trending problem with online wallet security, a lack of urgency in protecting funds, and waning confidence in the cryptocurrency markets.
For the second time in two weeks, South Korea was hit with a multimillion-dollar cryptocurrency hack. The South Korean exchange Bithumb confirmed on June 20 that 35 billion Korean won (approximately $31.5 million) in coins was stolen. A temporary notice (that has since been removed from the Bithumb website) announced a halt in trading after the exchange revealed that “some cryptocurrencies worth about 35 billion won were seized between late yesterday and early morning today.”
https://www.ethnews.com/31-5m-hack-of-south-koreas-bithumb-exchange-exposes-growing-hot-wallet-problem
https://www.ethnews.com/31-5m-hack-of-south-koreas-bithumb-exchange-exposes-growing-hot-wallet-problem