Crypto Exchange Peurabaeng Suffers KRW 100 Million Loss in Hack... "Suspends Services"

"We will fully compensate for the losses"

Peurabaeng, a Coinmarket cryptocurrency exchange, is temporarily suspending its services following a hacking incident.

According to the virtual asset industry on October 29, Peurabaeng said an intrusion occurred on October 26 after an unauthorized external party gained access. The company said it had reported the incident to the relevant authorities and was investigating its cause and scope.

Peurabaeng reportedly discovered a security vulnerability while conducting a full inspection after activating its emergency response system. The inspection began after the company became aware on October 24 of an unusual withdrawal from the exchange's hot wallet. The value of the affected assets is estimated at approximately KRW 100 million.

Screenshot from the Peurabaeng website

Peurabaeng said, "To protect customer assets, we will temporarily suspend use of our services, determine the amount of affected assets more accurately, and compensate for the full amount using company assets."

This incident appears to be separate from the intrusions mentioned on October 14, when financial authorities announced the results of their inspection into AI-related hacking incidents in the financial sector. At the time, Streami, the operator of GOPAX, and Peurabaeng were mentioned in connection with the virtual asset industry.

On October 27, Bithumb suffered an incident in which employees' personal information was leaked after its internal systems were hacked. Hacking attempts were also reportedly made that day against other won-denominated virtual asset exchanges.

This content was produced with the assistance of AI translation services.