In just two short hours after a trading floor was hacked, Bitcoin prices fell nearly $ 500. Hacker has stolen nearly $ 40 million from this floor.
Worse yet, the attack also led to a strong sell-off, making the global Bitcoin market evaporate about $ 50 billion in market capitalization.
On June 10th, Bitcoin prices plummeted as Coinrail trading in South Korea reported hackers stealing 30% of their holdings.
Coinrail is continuing to determine the exact amount lost. However, according to preliminary investigations, the attackers may have taken $ 40 million. In addition, observers have discovered an unusual electronic wallet address that may be related to the hack. This includes many different types of money, including Ethereum.
According to data from Coinmarketcap , the attack contributed to the Bitcoin market “evaporating” 40 to 50 billion dollars in just one week.
Coinrail is currently shutting down the site and freezing accounts related to investigating the case. According to the original investigation, the attacker has transferred 70% of the money stolen into his purse.
Many sources say the attack has the hands of Korean hackers behind. Allegations that Korean hackers are trying to steal money from many of the world’s bourses. In January, 1818, a Japanese person lost $ 500 million in transactions on Coincheck. The case is determined by Korean hackers.