Hackers Loot $13 Million From Crypto Exchange Gdac

Summary: The South Korean crypto exchange suffered an exploit of its hot wallet over the weekend, per an official Monday update from the digital asset trading venue. Gdac’s statement confirmed the suspension of deposits and withdrawals after hackers stole about 23% of the platform’s custodial value, worth $13 million. The attackers moved Bitcoin, Ether, USDT, and other cryptocurrencies from Gdac’s hot wallet to an unidentified wallet. South Korean crypto exchange Gdac lost $13 million in cryptocurrencies from its hot wallet