South Korea-based cryptocurrency exchange Bithumb said Wednesday it was temporarily suspending deposit and withdrawal services after about $30 million worth of cryptocurrency was stolen. South Korea is a major cryptocurrency trading center and Bithumb is one of the busiest virtual coin exchanges. Earlier this month, a relatively small South Korean exchange, Coinrail, tweeted that it had been hacked, and noted that lesser-known cryptocurrencies such as Pundi X were among those affected. That said, the decline also coincided with a broader crypto sell-off that followed a Wall Street Journal report that said U.S. regulators were investigating potential price manipulation at four major cryptocurrency exchanges.
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