Bitcoin: new hacking, new fall

Security: $ 30 million was diverted from the Korean Bithumb platform, driving down the price of cryptocurrency.

Trust in bitcoin and other crypto-currencies crumbles a little more. After Coincheck at the beginning of the year, whose piracy caused the theft of $530 million in cryptocurrencies, then that of Coinrail ($ 40 million according to estimates), it is the turn of the platform of Korean exchange Bithumb to suffer a theft of $ 30 million.

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As usual, this attack caused a new blow of hot on the course of bitcoin which fell to 6560 dollars before taking again and settling around the 6700 dollars. In early June, the virtual currency was still evolving around $7500 very far from its peak of$ 19,000. To calm worried minds, Bithumb announced that it will make up for the losses of its customers.
The value of cryptocurrency has soared in 2017, arousing the interest of cybercriminals and highlighting the lack of security of many companies involved in this sector. As a result, flights are multiplying and losses are widening.

An estimated $ 1.2 billion in cryptocurrency has been stolen since the beginning of 2017, according to the anti-phishing working group (quoted by Reuters). This estimate includes both declared and unstated flights.

The report also states that only 20% or less of this stolen currency cryptocurrency has been recovered. The police would indeed face significant difficulties in identifying cybercriminals involved.