Thieves took $49 million in Ethereum from a crypto exchange

The string of recent cryptocurrency thefts isn't stopping any time soon. South Korean crypto exchange Upbit has confirmed that 342,000 Etherium coins, worth about $49 million, were transferred from its wallet to an "anonymous wallet" (read: a thief) on November 27th. The exchange quickly suspended all crypto deposits and withdrawals and moved all assets to offline wallets that couldn't be attacked. Upbit said it would "immediately" replace the missing Ethereum with its own assets, but that it would take two weeks before deposits and withdrawals would resume -- if you were depending on that virtual money, you might be in trouble.

Via: Coindesk

Source: Upbit


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