A major cryptocurrency exchange says it was a victim of a sophisticated hack that stole a digital currency of about $ 1.5 billion, marking one of the biggest online theft of all time.
Baibit stated on Friday that one of the most popular cryptocurrency among the digital wallets, a regular transfer of atherium was “manipulated” by an attacker, which transferred Crypto to an unknown address.
The company demanded the assurance of customers that their cryptocurrency holding was safe with the exchange. The company said that the news of Hack had increased the requests for return and could be delayed in processing them.
Ben Jhou, the CEO of Bibit said on social media that his company will also remain solvent if he did not recover the hacked crypto.
“We can cover the loss,” he said.
Stealing cryptocurrency is a favorite strategy of hackers. North Korean state hackers, in particular, have been associated with many high-dollars crypto theft in recent years.
In December, the FBI, Japan’s Defense Department and National Police Agency issued a joint statement blaming North Korean hackers for theft of $ 308 million from a Japanese crypto firm.