South Korean crypto exchange Bithumb says $30 million stolen by hackers

South Korean cryptocurrency exchange Bithumb said about $30 million in virtual currencies that it held has been stolen by hackers.

Bithumb said early Wednesday, local time, that all deposit and withdrawal services had been suspended while it transferred all of its crypto assets to a secure cold wallet. It said it would “make up” all losses.

Bithumb is one of the largest crypto exchanges in Asia, with almost $360 million in assets, according to CoinMarketCap.com.

After news of the hack was announced, Litecoin creator Charlie Lee warned crypto users to “be smart” and not to leave coins on exchanges.

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