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How The UpBit Hack Will Make The Crypto Industry Stronger » CoinFunda

Published by coinfunda.com on 02-12-2019 11:26

South Korean cryptocurrency exchange Upbit has alerted customers that it has been the victim of a cyber hack to the tune of $48.5 million. On Wednesday, Upbit released a statement informing its customers of the hack and announcing that deposit and withdrawal services had been temporarily suspended. The hack, considerable enough in its own right, is just the latest in a series of similar events that have plagued the crypto industry, running up a tab well over $1 billion for 2019 alone.

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