Changelly Puts Stolen Funds Of $76,000 In XRP And $480,000 In EOS On Hold From Bithumb Hack

    Changelly Hacks $76K In XRP And $480K In EOS Stolen From Bithumb

    For the second time in the previous year, Bithumb (a cryptocurrency exchange) has been hacked. According to several journalist reports, $20 million XRP and $13 million in EOS is said to be in the circulation currently. As a number of the hawk-eyed devotees could unearth it since a certain amount of the money that was stolen has been transferred to Changelly service.

    Working with Bithumb and other prominent crypto exchanges, Changelly succeeded in determining a segment of the compromised money in fifty-two transactions amounts to a total of 114 000 EOS equivalent to $479 000 and eight transactions adding up to a total of 234 000 XRP (76000 US dollars). They have all been held back until the situation goes back to normal, with the wallet addresses involved in the suspicious moves blacklisted.

    According to Sophia Lee (Changelly CMO), Changelly is exceedingly concerned with the security of users as well as a healthy crypto environment. She said that they are equipped with the risk scoring technique, which spots any peculiar transaction. Therefore, they are fit to spot fraudulent activities and scammers instantly. “We will be communicating any information as we receive it. Our security body stays on guard, ready to act accordingly to ensure justice.” She added.

    About Changelly

    Changelly is an instant cryptocurrency exchange, which is non-custodial. This means that the users’ funds are not kept with the exchange service. Changelly plays a role as a linkup between users and the crypto exchanges offering access to more than 140 cryptocurrencies. The mission of the company is to ensure that the exchange process is secure and effortless for all individuals who want to take a stake in cryptocurrency. The program and its mobile application lure more than one million users every month who relish fast transaction, high limits and round the clock live support.

    Changelly provides a customizable remittance widget and its API to any crypto service that desires to execute new options of exchange and expand its audience. Quite a number of crypto businesses is already using Changelly API that spirits their actionality with the immediate swap features. It partners with Trezor, Enjin, Ledger, HuobiWallet, MyEtherWallet, Binance, Exodus, BRD, Coinomi, Edge, Freewallet as well as many other renown crypto players.

    Bitcoin (BTC), Ethereum (ETH), Ripple (XRP) Value Forecast: Top Crypto Coin Price Chart Analysis Today

    Get Free Email Updates!

    *Action* Enter Best Email to Get Trending Crypto News & Bitcoin Market Updates

    I will never give away, trade or sell your email address. You can unsubscribe at any time.

    Bitcoin Exchange Guide News Team
    B.E.G. Editorial Team is a gracious group of giving cryptocurrency advocates and blockchain believers who want to ensure we do our part in spreading digital currency awareness and adoption. We are a team of over forty individuals all working as a collective whole to produce around the clock daily news, reviews and insights regarding all major coin updates, token announcements and new releases. Make sure to read our editorial policies and follow us on Twitter, Join us in Telegram. Stay tuned. #bitcoin

    [Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

    [Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer


    Please enter your comment!
    Please enter your name here


    Live Bitcoin Price & Latest BTC Charts

    Today's Latest Crypto News

    Microsoft Files Patent To Mine Cryptocurrencies With Verified Body Activity Data

    Giant software manufacturer, Microsoft is seeking to capitalize on the new crypto hype. The firm is seeking to introduce its own cryptocurrency that will...

    Coinbase Commerce Crosses $200,000,000 In Crypto Payments Since Launch

    Covid-19 hasn't kept consumers from using bitcoin (BTC) as a means of payments for goods and services according to a merchant transaction report from...

    Singapore Exempts Binance, Coinbase, Gemini, and Ripple From its Current PSA Crypto Act

    Singapore is counted among one of the crypto hubs of the world as it offers ease of business for these crypto service providers when...

    The World Has Gone Full Crypto in 2020; Volatility is Up, Stocks Are trading like A Sh*tcoins

    The global markets are on a rollercoaster for the past few weeks, one day they are recording historical one-day gains the next they are...

    South Korea May Get A New Crypto Custodian After Largest Bank Files Trademark App

    KB Kookmin Bank, the largest bank in South Korea, is preparing to launch its cryptocurrency custody service as soon as possible. As per the local...

    BitcoinExchangeGuide is a hyper-active daily crypto news portal with care in cultivating the cryptocurrency culture with community contributors who help rewrite the bold future of blockchain finance. Subscribe on Google News, see the mission, authors, editorial links policy, investment disclaimer, privacy policy. Got News? Contact us, we are human too. Note: nothing here is financial advice, do your own research thoroughly.