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Alert: Bithumb Hacked, Millions Worth of Cryptocurrency Stolen

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BitHumb, the largest cryptocurrency exchange of South Korea has been hacked for the second time for a huge number of EOS and XRP coins.

Just days after the DragonEx exchange got hacked, BitHumb, the largest cryptocurrency exchange of South Korea has been hacked for the second time for a huge number of EOS and XRP coins.

The Bithumb exchange was also hacked last year which led to around $30 million of cryptocurrencies being stolen. The exchange was able to recover only $14 million of the same and had shut down its deposit and withdrawals for months after the hack.

 

Bithumb Hacked: Yet Again

According to Dovey Wan, the founding partner of Primitive Ventures who cite information from local blockchain analytics firms and cyber-security firms, the EOS wallet of the Bithumb exchange was hacked yesterday (Friday) i.e. 29th March 2019, which has led to around 3 million EOS being stolen. 3 million EOS according to current market price are valued at around $12.5 million.


From an initial look at the wallet, it appears that the hot wallet of the exchange was hacked and not its cold wallet.


There has not been any official announcement from the exchange regarding the hack, however, analysts are believing that the hack took place because around 3 million EOS were transferred to different cryptocurrency exchanges such as Huobi, Changelly, KuCoin, CoinSwitch and EXMO. However, around 63 percent of the hacked funds are still in the wallet of the hacker.

According to CoinDesk Korea, Rohan from the EOSauthority team is pretty sure that the private keys of Bithumb was stolen. Also Bithumb has shut down the deposits and withdrawals on the platform stating the reason as “in order to provide more stable service”.

#Breaking News

Delist Bitcoin SV movement continues: Kraken, Bitforex onboard

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Kraken has confirmed that it will be delisting the Bitcoin SV. Bitforex is running a poll with those in favor of delisting BSV in the lead at the moment.

After Binance, Kraken has confirmed that it will be delisting the Bitcoin SV after running on a poll on twitter. It all started with Binance announcing that it is going to delist Bitcoin SV from its exchange on 22nd April stating that it no longer meets the standards of the exchange.

 

Kraken Delisting Bitcoin SV

Kaken ran a poll on twitter in which more than 70% of the people have voted against BSV and stated that it should be delisted from the exchange.


Soon after the poll ended Kraken, cryptocurrency exchange posted a tweet recently stating that it is going to delist the BSV coin soon from the exchange:

Bitforex looks to be delisting BSV soon:

The Bitforex exchange also looks to be following other industry giants in delisting the Bitcoin SV from their respective platforms. Bitforex is currently running a poll with those in favor of delisting BSV in the lead at the moment.


Currently, more than 57% of people are in favor of delisting BSV from Bitforex.

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#Breaking News

John Mcafee publically challenges Calvin Ayre: Files $800M Lawsuit

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John Mcafee has publically challenged Calvin Ayre, the biggest supporter of Bitcoin SV saying that he will sue Calvin for $800 million and bankrupt him.

John Mcafee, one of the most prominent people in the cryptocurrency space has publically challenged Calvin Ayre, the founder of CoinGeek and the biggest supporter of Bitcoin SV saying that he will sue Calvin for $800 million and bankrupt him.

 

John Mcafee files a lawsuit against Calvin Ayre

All the drama started when Craig Wright, the founder of Bitcoin SV who claims himself to be Satoshi Nakamoto, the founder of original bitcoin started to file lawsuits against people who claimed that he was not the real Satoshi Nakamoto. Many prominent people in the crypto space including the CEO of binance had posted their expressions against Craig Wright and his associate Calvin Ayre. Binance had also announced the delisted of his coin: Bitcoin SV from their exchange in the coming days.

 

John Mcafee, the founder of the Mcafee antivirus recently posted a tweet stating that he is suing Calvin Ayre for $800 million and will bankrupt him for wrongly stating that John mad committed murder. According to Mcafee, although it’s quite hard to file lawsuits in Cuba, he has traced the assets of Calvin Ayre in other countries which will help John to bankrupt him

 

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#Bitcoin SV

Bitcoin SV: Kraken also going to delist BSV?

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Kraken going to delist Bitcoin SV? The crypto exchange has posted a poll on twitter which reads "Should Kraken delist Bitcoin SV (BSV)?

Soon after Binance, one of the largest cryptocurrency exchanges announced the delisting of Bitcoin SV on 22nd April 2019, Kraken, which is also one of the prominent crypto exchanges has posted a poll on twitter which reads “Should Kraken delist Bitcoin SV (BSV)?. The current status of the poll currently stands at 77% votes for “Yes, it’s toxic and only 3% votes for “No, it’s awesome”.

 

Kraken Going to Delist Bitcoin SV?

Earlier today, Binance had posted a press release which stated that Bitcoin SV no longer meets the standards of the exchange and thus the coin shall be delisted from the platform on 22nd April 2019. This led to a massive crash in the price of BSV which is down by more than 9% in the last 24 hours, while other top cryptocurrencies are showing gains. Just a few hours back, Kraken (cryptocurrency exchange) posted a poll on Twitter asking for the advice of the community for delisting of Bitcoin SV from Kraken. Almost all of the votes are against BSV with people voting for “Yes, it’s toxic”.


Two days back, Anthony Pompliano, the co-founder of Morgan Creek Digital posted a tweet asking all cryptocurrency exchanges to delist BSV on 1st May 2019 in a sign of solidarity behind the only Bitcoin that ever mattered.


It all started after Craig Wright, the founder of Bitcoin SV started to threaten people and even filed lawsuits against some for stating that he is not Satoshi Nakamoto, the founder of bitcoin. Soon, a lot of prominent people including, Changpeng Zhao, the founder of Binance came forward to protest against Craig Wright.

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