Coinrail, a South Korean crypto-exchange has more than lost $50 million USD in a Hack. On Sunday, the company announced that it had lost due to the attack, around 30% of all of the platform-bearing crypto-currencies.
해킹공격시도로 인한 시스템 점검중입니다. 일부코인(펀디엑스,NPXS)이 확인되었으며 추가적인 코인피해가 있는지 여부를 확인중입니다. 추후 자세한 사항은 재공지하겠습니다 / There has been in the cyber intrusion in our system. We’re confirming it and some coins(Pundi X, NPXS) are confirmed.
— coinrail (@Coinrail_Korea) June 10, 2018
Coinrail confirmed the attack on the official Website and on your Twitter Account. Thanks to the attack, Bitcoin lost around 10% on Sunday. According to the company, 70% of all stored crypto-currencies are to be ensured and on a Cold Wallet stored.
Furthermore, the stock exchange announced some of the stolen currencies: NPXS Token of the Pundi X project, ATC of Aston and the NPER Token of the project. The company has not announced the exact Numbers.
Like a blog post, published on Sunday, Pundi X, is said to have stolen the Hacker 1.927 Ether, 2.6 billion NPXS, 93 million ATX and 831 million DENT coins, and in addition, six more Tokens.
While the platform has not calculated the exact amount still to be announced, said an industry observer, that it should be in the case of the stolen money of about $ 50 million.
The total hacked coins worth 50mil dollars.. #Coinrail $storm $trx $npxs pic.twitter.com/lCovDrHq89
— corinipeatry (@peatrykim) June 10, 2018
The company stated:
“The exact damage is currently being calculated, which may take some time. Please also understand that all related matters may be disclosed due to investigation by the police authorities.“
Meanwhile, the head of the research Department of the Finnish security company F-Secure Mikko Hypponen on Twitter said that “crypto-exchanges are ideal targets for hackers. Small company with a lot of money. From Startups, small security teams, and without experience. And when you come in, is anonymized, the loot already and can no longer be found.“