South Korean crypto trading platform Pravent suffered a hack, losing approximately $70,000, and has suspended its services.

October 29 - According to Yonhap News Agency, South Korean crypto trading platform Pravent suffered a hack attack resulting in a loss of approximately 100 million Korean won (about $70,000) and has temporarily suspended services.

Pravent discovered abnormal withdrawals from its hot wallet on October 24 and confirmed an external unauthorized access incident on October 26. It stated that it will fully compensate for the losses using its own assets. This incident is unrelated to the Pravent-related event reported by financial authorities on the 14th of this month.