Exchange Bithumb will compensate the loss of investors after the recent hacking

The South Korean stock exchange Bithumb promised to compensate all losses to the traders because of the recent hacking, reports Cointelegraph. Recall, on the background of negative news the trading volume on Bithumb fell by almost half, and the stock exchange fell to 10th place by number of deals.

Hacking Bithumb will not affect the wallets of investors

During a hacker attack on June 20 with a hot wallet of the exchange was stolen about 31.5 million dollars. Today, the management Bithumb promised that their clients “don’t feel any damage.” The company will fully reimburse all the losses of traders at the expense of their cold wallets.

Representatives Bithumb still hope that the damage from hacking the trading platform will be less than current numbers. The extent of losses from hackers are still being explored.

The exchange’s management emphasizes the data about the profit of the exchange in 2017. We will remind, in comparison with the year 2016 revenue Bithumb has increased to 171 times to $ 330 million. In addition to financial damages, in the media channels of crypto currency exchange will also publish the financial report for the first half of 2018. Thus, the Koreans will try to maintain its image as one of the largest and most trusted exchangers.

Hacking will be consequences for security in Bithumb will improve the protection of the wallets of users and soon will introduce a special schedule for I/o resources. It is noteworthy that the incident with the exchange happened almost a week after the acquittal of the company’s South Korean authorities.

In the search for burglars Bithumb cooperating with the Korean Ministry of science and technology, national police and other security agencies. Representatives of the site have promised to take action to such unpleasant incidents do not happen.

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