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Bithumb, the fourth largest Bitcoin exchange has been hacked

July 6, 2017

Bithumb, one of the world’s largest Bitcoin and Ether crypto currencies exchanges, has been hacked. The hackers have stolen more than $1 Million in crypto currencies from the accounts of several users of the South Jordan exchange.

Bithumb is the first Ethereum exchange worldwide and the fourth Bitcoin exchange, the company accounts for 20% of global Ether trades and nearly 10% of the global bitcoin trade.

The cyber heist occurred last week when crooks compromised a number of user accounts stealing the precious currencies.

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