Hacker Exploit South Korean Exchange GDAC, Drains Over $14 Million

Hacker Exploit South Korean Exchange GDAC, Drains Over $14 Million


Bitcoinist
2023-04-11 13:30:18

In the early hours of Sunday, South Korean crypto exchange GDAC hit a cyber attack resulting in losses of 23% of the exchange’s total custodial assets. The hacker transferred multiple crypto assets from the exchange’s hot wallet to an unknown wallet address, the firm revealed on April 10 on its website. Following identifying the breach,