• Advertise
  • Submit a Press Release
  • Contact Us
Blockchain & Cryptocurrencies Tabloid
  • Finance & Blockchain News
  • Bitcoin News

    Meta Shareholders Reject Bitcoin Treasury Proposal

    Tether Supports Twenty One Capital’s $100M Bitcoin Purchase

    Tether Supports Twenty One Capital’s $100M Bitcoin Acquisition

    BlackRock Denies Alleged Bitcoin Sale Reports

    Czech Justice Minister Resigns Amid $45M Bitcoin Controversy

    Czech Justice Minister Steps Down Over Bitcoin Scandal

  • Altcoin News
    • All
    • Bitcoin Cash
    • Cardano
    • EOS
    • Ethereum
    • Litecoin
    • Monero
    • Ripple
    • Stellar

    James Wynn Aims for $1B Comeback After $60M Loss

    James Wynn’s $1B Comeback in Crypto Trading

    Shiba Inu Burns 1.17 Billion Tokens in Supply Reduction

    Solana Price Faces Decline Amid Market Shifts

    Cardano Faces Critical Support Test Amid Market Volatility

    Cardano Faces Market Uncertainty Over Key Support Levels

    Trending Tags

    • Ethereum
    • Bitcoin Cash
    • Litecoin
    • Monero
    • Ripple
  • Crypto 101
    • All
    • Cryptocurrencies
    • Exchanges
    • Services
    • Wallets
    Benefits Of Choosing the Right AI Trading Bot

    4 Benefits Of Choosing the Right AI Trading Bot

    Crypto Trading

    A Beginner’s Guide to Crypto Trading: Unlocking the World of Digital Coins

    BitcoinGames.com

    BitcoinGames.com Introduces the Ultimate Casino Gaming Experience with Bitcoin

    How AI is Helping Athletes and Fans Get the Most out of the Game

    From Training to Judging, AI is Entering the Ring

    Top 5 Websites for Buying Gift Cards with Crypto

    Clutch Savours – Gift Certificates You Can Buy with Crypto

    Layer 2 Blockchains

    Everything You Need To Know About Layer 2 Blockchains

  • Blockchain Events
No Result
View All Result
Blockchain & Cryptocurrencies Tabloid
No Result
View All Result

Bithumb Resuming Trading Operation After Hack

Anca F. by Anca F.
May 15, 2019
in Latest News
Bithumb operations

Today Bithumb, the South Korea cryptocurrency exchange, has revealed in a blog post that it will restart partial operations this Friday on 17 May.

The exchange has posted on its blog that it will resume operations after the system was halted due to a hack it suffered in March. Momentarily, only three cryptocurrencies will be traded on the platform, namely Ripple (XRP), Bitcoin Cash (BCH) and EOS. This move was implemented with the role to “minimize the inconvenience to members until the resumption of deposits and withdrawals.“

Bithumb stated in its post that:

“At the moment when the security enhancement that we anticipate will be completed, deposit and withdrawal will resume in about a month. We will proceed with the resuming sequentially considering the price difference and service stability.”

The exchange had 3 million EOS stolen in a hack which took place on March 29th, the sum being valued at the time at USD 13 million. Dovey Wan from Primitive Ventures revealed that the hackers managed to siphon EOS out of the exchange’s compromised hot wallet and trade them on other exchanges.

The CEO of Binance reported that at the time of the hack his exchange did not receive any of the stolen funds. Binance also suffered a major hack at the beginning of May, losing USD 40 million worth of Bitcoin, but fortunately, the sum was covered by their security fund SAFU.

Bithumb also stated that they will fully resume all trading operations after June, and the current operation will be changed:

“When we resume deposits and withdrawals after june, the deposit address of all cyptocurrencies, including those that have already been resumed, will change. Please be sure to issue new deposit addresses.”

Bithumb has been working alongside various security companies and six exchanges in order to find out where the stolen funds are.

Featured Image: CoinDesk

Tags: BithumbBithumb hackBithumb resumes operationstrading operations
Previous Post

New York State Residents Can Now Buy XRP via Coinbase

Next Post

TRON and TRC Tokens Now Supported by Opera’s Web Wallet

Anca F.

Anca F.

Related Posts

Blockchain Life 2025 To Host Global Crypto Leaders in Dubai

by Solomon M.
May 31, 2025

The Blockchain Life 2025 in Dubai anticipates over 15,000 attendees, featuring crypto leaders and regulatory discussions.

Stolen Cetus Funds Secured in Multi-Sig Wallet

by Solomon M.
May 31, 2025

Cetus hack sees $160M in stolen funds frozen and secured in a multi-sig wallet on the Sui network. Coordination efforts...

US Supreme Court Sides with IRS in Coinbase Records Case

by Joshua T.
May 31, 2025

IRS gains Supreme Court backing to access Coinbase user records for tax inquiries.

Coinbase User’s Right to Block IRS Access Denied

by Solomon M.
May 31, 2025

The U.S. government denies Coinbase user James Harper's attempt to block IRS access to his crypto records, citing legal procedure...

Meta Shareholders Reject Bitcoin Treasury Proposal

by Solomon M.
May 31, 2025

Meta shareholders reject proposal to invest in Bitcoin, maintaining a conservative treasury policy.

Crypto Market Faces Bearish Pressure Amid Price Drop

by Solomon M.
May 31, 2025

Bitcoin, Ethereum, Dogecoin, and XRP encounter bearish market sentiment, driving price declines.

We Recommend

Top Rated Casinos
Bitstarz Casino

BitcoinCasino.io
Top Crypto Betting
1xBit.com
Top Rated Exchanges
Binance Exchange

Bityard.com
Top Advertising Services
Coinzilla Display Network
Top Crypto Wallets
Ledger Nano X

  • Terms and Conditions
  • Privacy Policy
  • Advertise
  • About Us
  • Contact Us

© 2018-2019 theccpress.com by Brantell Media.

No Result
View All Result
  • Finance & Blockchain News
  • Bitcoin News
  • Altcoin News
  • Crypto 101
  • Blockchain Events

© 2018 - 2019 theccpress.com, a Brantell Media project.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.