Bithumb experiences another major hack, 3M of EOS & 20M of XRP lost

Bithumb sees another hack on their EOS and XRP wallets, hackers can be seen liquidating the stolen funds through a crypto swap platform that doesn’t have KYC procedures, 

The news was brought to the social media by crypto figure and influencer, Dovey Wan. “Bithumb is being hacked, at its EOS cold storage level! Over 3 million EOS has been transferred out,” she tweeted without any details provided.

It was followed by other tweets, some of which provided details of the incident piece by piece.

It appears that the private key was stolen through Bithumb’s EOS account g4ydomrxhege, while the hacker’s address is ifguz3chmamg.

Wan then tweeted the stolen funds flow in more details, while also confirming that the aforementioned hacker’s address still holds 1.9 million of EOS.

As more info came in, she revealed that Bithumb’s XRP wallet (rLaHMvsPnPbiNQSjAgY8Tf8953jxQo4vnu) was also hacked and saw 20 million XRP or around $6,000 being transferred out.

Wan revised her previous tweet by saying that “only” Bithumb’s hot wallet that was hacked as the cold wallet still seems OK. That said, the total stolen fund still amounts a staggering $134,675,293 based on the price as of writing time.

It also seems like it’s already too late for EOS to freeze the funds as the hacker can be seen of liquidating the stolen EOS through ChangeNow, a crypto swap platform that doesn’t have KYC procedures.

No confirmation can be found on Bithumb’s Twitter so far. However, a user spotted that the exchange actually posted several tweets regarding the hack a while ago, which apparently were deleted afterwards.

Stick with Chepicap for more updates.

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