South Korean Crypto Exchange GDAC to Terminate Services on July 16

Odaily News South Korean crypto exchange GDAC announced that it will terminate its service due to system reorganization, and the service end date is July 16. From the end of service on July 16, automatic withdrawals will be converted to manual withdrawals, and GDAC will implement a separate withdrawal fee policy for manual withdrawals. Previously, South Korean crypto trading platform GDAC announced that it was hacked and lost nearly $13 million in assets, including nearly 61 Bitcoins, 350.5 Ethereums, 10 million WEMIX and 220,000 USDT, accounting for 23% of its total custodial assets. (News1)