Bithumb SuccessDespite its hack back in June of this year, the South Korean crypto exchange came out on top the first half of 2018. "The sales amounted to 33,060 million won, and the operating profit was about 2,186,330 million won," the journalist at Yonhap wrote. Last year, however, the exchange made 427.17 billion won in 12 months. The company's figures for just Q1 and Q2 of 2017 are unavailable at this time.
Bithumb HackIn June, Bithumb suffered a large hack that saw around $14 million USD stolen. The original estimates of the hack were around $31 million USD, but the exchange later responded with the official estimates ranging around $14 million USD. Bithumb said:
"[Announcement] Accident damage Amount and membership compensation information comb Sseomeun June 20, the password-deodorizing damage size was announced in approximately 35 billion. In the future, ongoing damage recovery has been counted as the current amount of damage in approximately 19 billion. For further compensation, please check through the link."
11 different cryptocurrencies were affected in the hack. This isn't the only issues that Bithumb has faced recently though. Early this month, the South Korean exchange halted all new user accounts, plus deposits and withdrawals. This halt wasn't a result of a hack, but the company states it was undergoing "service improvements." The exchange's services were down for nearly 72 hours. >> Coinbase Signed 50,000 New Users a Day in 2017
[공지] 사고 피해 금액 및 회원 보상 안내빗썸은 6월 20일 암호화폐 탈취 피해 규모를 약 350억원으로 공지한 바 있습니다. 이후 지속적인 피해 복구 작업을 통해 현재 피해금액은 약 190억원으로 잠정 집계됐습니다. 자세한 보상 내용은 링크를 통해 확인 부탁드립니다. > https://t.co/f8WAV1Ou1n pic.twitter.com/NvQPsXOb3o — 빗썸 (@Bithumb_Korea) June 28, 2018