Virtual Currency Exchange Hit by Hacker Attack Again... 90 Billion Won Worth of Coins Stolen

[Image source=Reuters Yonhap News]

[Asia Economy Reporter Kwon Jae-hee] One of the global cryptocurrency exchanges has been attacked by hackers again, resulting in the theft of over 90 billion won worth of coins.

On the 12th (local time), according to economic media Benzinga and others, hackers attacked the cryptocurrency exchange AscendEX (formerly BitMax) and stole coins based on blockchain platforms such as Ethereum, Binance Smart Chain (BSC), and Polygon.

Blockchain security and data analysis company PeckShield reported that the stolen cryptocurrency amounts to 77.7 million dollars (approximately 91.7 billion won).

This hacking incident follows last week's theft of 196 million dollars (approximately 231 billion won) worth of coins from the cryptocurrency exchange BitMart.

According to AscendEX, the hackers targeted customers' cryptocurrency wallets known as "hot wallets." A "hot wallet" is an online wallet that allows coin deposits, withdrawals, and transfers.

AscendEX stated that to prevent further damage, they moved customers' cryptocurrencies to offline storage devices called "cold wallets" and suspended deposits and withdrawals, assuring that all stolen coins will be reimbursed.

This content was produced with the assistance of AI translation services.