Bithumb Announce $180 Million 2018 Loss

Bithumb Announce $180 Million 2018 Loss

Following two hacks within a year, Bithumb has announced more bad news, they made a massive loss in 2018.

A few weeks ago, less than a year after a hack worth $30 million, Bithumb suffered another. This one was slightly less than the previous. However, it still saw them lose a very substantial $13 million in assets

This, they claimed, was down to an insider, and no users’ assets were said to have been stolen. However, two hacks in a year don’t bode well for the Korean firm’s image.

Today, it seems that was the least of their internal problems. This follows the announcement of the results of an external audit conducted on their organisation which revealed a $180 million loss during the course of 2018.

We don’t know what’s next for Bithumb but their future is looking very dubious right now.

Register for Latest Updates & News

We respect your email privacy

Subscribe now to recieve exclusive updates and offers!

Recently Similar News

Latest Guides

Latest News

Bitcoin Defies Market Trends, Shows Strong Resilience Amid Stock Market Turmoil

Following two hacks within a year, Bithumb has announced more bad news, they made a massive loss in 2018. A few weeks ago, less than a year after a hack worth $30 million, Bithumb suffered another. This one was slightly less than the previous. However, it still saw them lose a very substantial $13 million […]

7 April, 2025

Exploring the Future of Bitcoin: The Evolution of Open Source P2P Money

Following two hacks within a year, Bithumb has announced more bad news, they made a massive loss in 2018. A few weeks ago, less than a year after a hack worth $30 million, Bithumb suffered another. This one was slightly less than the previous. However, it still saw them lose a very substantial $13 million […]

7 April, 2025

Bitcoin and stock market crash

Following two hacks within a year, Bithumb has announced more bad news, they made a massive loss in 2018. A few weeks ago, less than a year after a hack worth $30 million, Bithumb suffered another. This one was slightly less than the previous. However, it still saw them lose a very substantial $13 million […]

7 April, 2025

Crypto Market Plummets as Tariff Fears Trigger Massive Sell-Off

Following two hacks within a year, Bithumb has announced more bad news, they made a massive loss in 2018. A few weeks ago, less than a year after a hack worth $30 million, Bithumb suffered another. This one was slightly less than the previous. However, it still saw them lose a very substantial $13 million […]

7 April, 2025

Exploring the Rise of Crypto Casino Japan: Top Picks for 2025

Following two hacks within a year, Bithumb has announced more bad news, they made a massive loss in 2018. A few weeks ago, less than a year after a hack worth $30 million, Bithumb suffered another. This one was slightly less than the previous. However, it still saw them lose a very substantial $13 million […]

12 March, 2025

Bitcoin Soars as Trump Unveils Strategic Cryptocurrency Reserve

Following two hacks within a year, Bithumb has announced more bad news, they made a massive loss in 2018. A few weeks ago, less than a year after a hack worth $30 million, Bithumb suffered another. This one was slightly less than the previous. However, it still saw them lose a very substantial $13 million […]

3 March, 2025

Bitcoin Price Predictions and Market Trends: March 2025 Insights

Following two hacks within a year, Bithumb has announced more bad news, they made a massive loss in 2018. A few weeks ago, less than a year after a hack worth $30 million, Bithumb suffered another. This one was slightly less than the previous. However, it still saw them lose a very substantial $13 million […]

3 March, 2025

What happened to bitcoin this week?

Following two hacks within a year, Bithumb has announced more bad news, they made a massive loss in 2018. A few weeks ago, less than a year after a hack worth $30 million, Bithumb suffered another. This one was slightly less than the previous. However, it still saw them lose a very substantial $13 million […]

28 February, 2025