cryptocurrency exchange | Bithumb has conducted an external audit after last year's big hack


The biggest exchange of cryptocurrency in South Korea Bithumb has conducted an external audit after a big hack last year

Bithumb suffered a loss of 14 billion Won or 13 million USD in the past two weeks in an event believed to be masterminded by insiders


Currently, Bithumb has used third parties to audit their finances, they ensure that customer funds remain safe because they are stored in cold storage

The hacker managed to steal 14 billion EOS tokens (EOS), a statement arguing that all funds left in the hot wallet were transferred to cold storage

the statement reads "We have stated that we will carry out fair and objective due diligence on all assets that we have through a reliable external audit," the statement continued:


"We are happy to inform you that our members' valuable assets are managed and managed systematically / through a due diligence report attached."

Source: cointelegaph

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cryptocurrency exchange | Bithumb has conducted an external audit after last year's big hack cryptocurrency exchange | Bithumb has conducted an external audit after last year's big hack Reviewed by sheffter on April 16, 2019 Rating: 5

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