South Korean crypto alternate GDAC hacked for almost $14M

South Korean crypto alternate GDAC has been hacked for roughly $13.9 million value of crypto. The alternate has halted all deposits and withdrawals and is performing emergency server upkeep in response to the assault, in accordance with an April 10 announcement from GDAC CEO Han Seunghwan.

In accordance with the announcement, the attacker gained management of a number of the alternate’s sizzling wallets on the morning of April 9 and, at 7 am Korean Customary Time, started transferring crypto into wallets underneath the attacker’s management. Round 61 (BTC), 350.5 Ether (ETH), 10 million of the WEMIX gaming foreign money, and $220,000 value of (USDT) was stolen within the assault. This totals round $13.9 million value of crypto at April 10 costs.

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