Yesterday, the Bithumb team stated on several social media platforms that the exchange fell victim to a hacking attack and lost about $30 million in digital assets. The statement read:

“We checked that some of cryptocurrencies valued about $30,000,000 was stolen. Those stolen cryptocurrencies will be covered from Bithumb and all of assets are being transferring to cold wallet.”

However, almost immediately after the announcement was released, Bithumb retracted its statement without providing any clarification on the situation. To several users, a Bithumb spokesperson said that the company retracted the statement because it was advised by regulators to conduct a comprehensive investigation into the security breach first before releasing an official statement.Today, the Bithumb team officially confirmed that it has lost $30 million in its hacking attack and its developers and security team have started the recovery process of customer assets. 

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