Conrail, a cryptocurrency exchange from South Korea fell victim to the attack. As a result, a large amount of ICO (Initial Coin Offerings) tokens for Pundi X, NPER and Aston currencies were stolen. The exchange also dealt with more popular cryptocurrencies such as Bitcoin or Ethereum. Fortunately for their users, they were not the primary source of this entity’s turnover.
Conrail wants to freeze stolen funds
The first step was to switch the website to maintenance mode and transfer the remaining funds to offline wallets. Furthermore, some of the attack’s source addresses were frozen.
Estimating the damage
Conrail representatives did not officially disclose the damage amount. However, a popular bitcoin forum posted an analysis suggesting the value to be between 30 and 40 million US dollars.
Source: Bleeping Computer
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