The Korean exchange says it has clawed back some of the millions lost in a theft of cryptocurrencies including bitcoin, XRP and bitcoin cash.
South Korea's Bithumb cryptocurrency exchange said Thursday that it may be able to reduce the losses arising from a major hack earlier this week.
Bitcoin remains on the hunt for $7,000 despite news that the a South Korean crypto exchange has been hacked.
Hours after an exchange breach that saw $31 million stolen from Bithumb, more details have surfaced, but some questions still remain unanswered.
Bithumb, one of the largest crypto exchanges in the world by trading volume, confirmed a hack of $31 million worth of cryptos on its platform today.
South Korean cryptocurrency exchange Bithumb has been found not guilty of tax evasion, but now faces a massive tax bill, according to reports.
Bithumb is now accepting new investor registrations after a successful integration of "know-your-customer" procedures.
South Korea's citizens reacted angrily to a proposed ban on cryptocurrency exchanges, with politicians and residents alike condemning the move.
South Korea's largest bitcoin and ether exchange is moving to compensate users after its data systems were compromised.