Worth nearly $50 million in Ethereum, 342,000 ether was hacked from South Korea’s Upbit exchange. The hack occurred during maintenance and is one of the largest Ethereum thefts ever. The exchange has suspended operations for at least a couple of weeks but plans to repay users for the loss. It remains unknown how the attack was conducted.

In yet more bad exchange news, East Asian exchange IDAX Global reported that its CEO had vanished, reason unknown. All withdrawals and deposits have officially been halted, although some users had already reported having issues withdrawing their funds. These issues, along with the CEO’s disappearance have led to rumours of an exit scam.

Ethereum dev, Virgil Griffith, was arrested at Los Angeles International Airport for contravening the International Emergency Economic Powers Act. Against warnings, Griffith went to North Korea to present information which…