GateHub Gets Hacked, $9.5 Million in XRP Stolen – Finance Magnates –

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Stolen information included names, passwords, account numbers, security questions and answers, account balances, and social insurance numbers. According to emails allegedly sent by the perpetrators, the hackers are holding that data for ransom and will dump it online unless the banks send them $1 million worth of Ripple’s XRP token , which is.

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Hackers stole about 3816.2028 Bitcoin (about US$5 million) which is nearly 37% of total user funds. According to official statement from exchange in Korean language, this attack took place on the Saturday, April 22, 2017, a hacker has compromised four of the total exchange’s hot wallets.

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This is the same strategy used by Bitfinex Exchange back in 2016 when its hot wallets were compromised in which $70 Million worth of Bitcoin was stolen. In return, Bitfinex issued BFX tokens. However, this move is controversial because of the difference in the financial status of Bitfinex and Yapizon.

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The South Korean exchange announced on its blog around 09:47 (korean time) wednesday, 20 June 2018, that it had been hacked sometime between late Tuesday night and early Wednesday morning, and that as a result of this attack, 35 billion South Korean Won, or approximately $31.5 million, was stolen.

Ha Ha BMO (Bank of Montreal) has blocked their users from buying crypto with its bank cards or credit cards, so I laughed when I heard that they were hacked and the one million ransom demanded was in Ripple. Hackers also hit CIBC. There are only about 5 or 6 banks in Canada so all of them are huge.

The mining service Nicehash was reportedly hacked, with over $60 million in funds stolen. Users report that funds have been moved from their own internal Nicehash Bitcoin addresses to a single Bitcoin address controlled by an unknown party. Nicehash isn’t a mining pool, per se.