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South Korean Cryptocurrency Exchange Coinrail Gets Hacked

South Korea-based cryptocurrency exchange Coinrail announced on Sunday a cyber-incident during which an intruder made off with a large amount of ICO tokens stored on the company’s servers. The exchange said it secured and moved most of its cryptocurrency assets in cold storage (offline) wallets. Users on a prominent Bitcoin forum tracked down some of the hacker’s alleged addresses and believe he/she/they might have stolen funds worth between $30 and $40 million. They also believe the hacker stole ICO tokens from other projects such as Dent (DENT) and Tron (TRN)

Source: https://www.bleepingcomputer.com/news/security/south-korean-cryptocurrency-exchange-coinrail-gets-hacked/

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