South Korean cryptocurrency exchange hacked for nearly $40M

June 11, 2018 Neer Varshney


Another day, another cryptocurrency heist. The latest to fall victim is the South Korean cryptocurrency exchange, Coinrail. The company suffered a breach on Sunday, losing 30 percent of its cryptocurrency reserves. The exchange has not yet given an estimate of the loss, but local news outlet Yonhap News reports stolen funds amount to approximately $37.2 million. 해킹공격시도로 인한 시스템 점검중입니다. 일부코인(펀디엑스,NPXS)이 확인되었으며 추가적인 코인피해가 있는지 여부를 확인중입니다. 추후 자세한 사항은 재공지하겠습니다 / There has been an cyber intrusion in our system. We're confirming it and some coins(Pundi X, NPXS) are confirmed. — coinrail (@Coinrail_Korea) June 10, 2018 Coinrail last traded…

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