What exactly was stolen from Bithumb?
DaouOffice compromised. This is an internal work service from Daou Technology. According to Money Today, names, department names and employee contacts were stolen.
- Regulators notified - KISA and PIPC
- Client data being reviewed - the data employees forwarded to each other in correspondence
- Not disclosed - the number of affected people and the method of entry
The exchange's position. Bithumb insists that the corporate perimeter is physically separated from the trading one.
Bithumb: "client virtual assets are not accessible through this hack". No cryptocurrency losses have been recorded.
Why is this not an isolated case?
This is part of a series of attacks on Korea's financial sector. Several major players came under attack at once.
- Daishin Securities. The broker confirmed a data leak affecting 38,490 clients - names, contacts, addresses.
- Mirae Asset Global Investments. The asset manager blocked anomalous access to part of its web systems.
- FSS review. On Wednesday the supervisory authority was inspecting all three companies at once.
The scale is wider. FSS head Lee Chan-jin previously said that as of October 14, cyberattacks had affected 16 financial organizations in the country.
What does Coinbase have to do with it?
Coinbase has a different story. Its own systems were not hacked. The leak occurred at analytics contractor Amplitude.
- Contacts exposed - for a small portion of Coinbase users
- Other companies affected too - those working with the same service
- Affected parties being notified - by email
What next?
No link between the two incidents has been established yet. Bithumb continues its internal review.
For the exchange, this is the second tough year in a row. In February it mistakenly credited users with 620,000 BTC instead of 620,000 won. In June, PIPC fined it 210 million won for transferring client data to foreign companies without consent.
A trader should understand in advance how crypto operations work at their platform, and if necessary find a challenge suited to their market.
Where does the money you trade with actually sit?
You read something like this - and immediately start wondering where your deposit is held. And what if tomorrow the news turns out to be about your platform? In prop trading, the company holds the capital and the risk, but the question doesn't disappear, it changes: which broker the trades go through, which coins are on the list, whether trading works on weekends, and what happens to the account if the platform fails. Different prop programs have different answers, and they're written in the rules, not in the ads. A minute to choose - and you can see which conditions cover exactly your crypto trading.

