Tag

Gdac

All articles tagged with #gdac

cryptocurrency2 years ago•1 min saved

GDAC, a South Korean Crypto Exchange, Loses $13M in Hack

South Korean crypto exchange GDAC has been hacked, resulting in the theft of approximately $13.9 million worth of crypto. The exchange has halted all deposits and withdrawals and is performing emergency server maintenance. The attacker gained control of some of the exchange's hot wallets and stole around 61 Bitcoin, 350.5 Ether, 10 million of the WEMIX gaming currency, and $220,000 worth of Tether. GDAC has alerted the police, reported the hack to the Korea Internet & Security Agency, and notified the Financial Intelligence Unit of the loss caused by the attack.

via Cointelegraph|

#crypto-exchange #cryptocurrency #gdac

cryptocurrency2 years ago•1 min saved

South Korean Crypto Exchange Loses $13M in Hack Attack

Hackers stole around $13 million worth of Bitcoin, Ethereum, and other cryptocurrencies from South Korean exchange GDAC by targeting its hot wallet. The stolen assets represent roughly 23% of GDAC’s total holdings. The exchange has suspended its wallet system and related servers and is collaborating with domestic and foreign crypto exchanges and issuers to prevent the stolen coins from being laundered and to recover them. Cryptocurrency theft surged last year, with a staggering $3.8 billion worth of assets stolen, according to blockchain analytics company Chainalysis.

via Decrypt|

#cryptocurrency #cryptocurrency-exchange #gdac

cryptocurrency2 years ago•1 min saved

GDAC Crypto Exchange Loses $13M in Hack Attack

South Korean cryptocurrency exchange Gdac was hacked for nearly $13 million on Sunday, with hackers transferring 23% of its total custodial assets from its hot wallet to an unidentified wallet. The hackers stole nearly 61 bitcoins, 350.5 ether, 10 million wemix tokens, and 220,000 USDT. Gdac has notified the authorities about the hack and is working to recover the funds. This is the latest in a series of notable hacks and exploits suffered by crypto platforms in the past 15 to 18 months.

via CoinDesk|

#crypto #cryptocurrency #gdac