Same crime, different methods: On Wednesday hackers stole roughly 35 billion Korean won, or around $31 million, in cryptocurrency from the South Korea-based exchange Bithumb, the sixth-biggest trading venue in the world.

Not much is known about who did it. What is known is this is not the first big heist of even this year. Tokyo-based cryptocurrency exchange Coincheck had 58 billion yen, or approximately $533 million, stolen in January. Carbon Black Security strategist Rick McElroy told CNBC earlier this month that $1.1 billion worth of cryptocurrency was stolen in just the first six months of this year alone.

While Bithumb has not yet disclosed full details of what was taken, it appears that XRP, the native token of the Ripple XRP ledger and the world’s third-largest cryptocurrency, was stolen in the attack, according to Coindesk. Read more here.

ThirtyK Staff
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