Security· ★★★★· bearish·

South Korean exchange Gopax confirms losses in financial-sector hack

  • —Gopax confirmed damage from a hack targeting South Korea's financial sector
  • —The incident is spreading from banks to crypto firms
  • —Losses and number of affected clients were not disclosed
Why it matters: An attack on a top-five Korean exchange raises security concerns for the local crypto market and could trigger tighter audits of exchanges.
Source: Bloomingbit