{"id":376531,"date":"2019-03-30T18:59:48","date_gmt":"2019-03-30T18:59:48","guid":{"rendered":"https:\/\/wncen.com\/?p=376531"},"modified":"2024-06-11T18:24:38","modified_gmt":"2024-06-11T18:24:38","slug":"eos-slide-4-7-percent-prices-reacting-to-bithumb-heist","status":"publish","type":"post","link":"https:\/\/wncen.com\/news\/eos-slide-4-7-percent-prices-reacting-to-bithumb-heist\/","title":{"rendered":"EOS Slide 4.7 Percent, Prices Reacting to BitHumb Heist?"},"content":{"rendered":"
$12.5 million worth of BitHumb\u2019s EOS are missing, but other exchanges are taking assisting in recovery. In response, EOS prices are down 4.7 percent in the last day in an adjustment of Mar 28-29 overvaluation.<\/em><\/p>\n EOS Price Analysis<\/p>\n For the second time, BitHumb, the South Korean exchange, which claims to be ISMS certified and applying multi-signature withdrawal scheme is once again a victim of hacking, less than a year after the exchange losing $14 million.<\/p>\n Although it says 3 million EOS worth around $12.5 million at current exchange rates and $6.5 million worth of XRP\u201420 Million XRP– of their stash are missing, users should breathe a sigh of relief because \u201cmember\u2019s asset is under the protection of cold wallet.\u201d<\/p>\n In an explainer<\/a>, the exchange said they \u201cdetected abnormal withdrawal of the company’s cryptocurrency through BitHumb\u2019s abnormal trading monitoring system.\u201d Unfortunately, internal investigations reveal that the \u201cspill\u201d was an \u201caccident involving insiders\u201d which had a cascading effect, inconveniencing customers since the exchange was forced to \u201cdelay the cryptocurrency deposit and withdrawal service.\u201d They have since extended their investigation and are collaborating with KISA, Cyber Police Agency, and security companies.<\/p>\n Stolen fund flow analysis :<\/p>\n Majority of the Bithumb stolen EOS are sent to @Exmo_Com<\/a> @HuobiGlobal<\/a> @kucoincom<\/a> @coinswitch<\/a> @ChangeNOW_io<\/a> @hitbtc<\/a> Changley, and a little bit to @binance<\/a> @hitbtc<\/a> and BW pic.twitter.com\/shT1Ei4uRC<\/a><\/p>\n — Dovey "Rug the fiat" Wan (hiring) (@DoveyWan) March 30, 2019<\/a><\/p><\/blockquote>\nFundamentals<\/h3>\n
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