Bitpoint Exchange Lost $32 Million in Cryptocurrency Amid Recent Hacker Attack

2019-7-12 13:04

Coinspeaker
Bitpoint Exchange Lost $32 Million in Cryptocurrency Amid Recent Hacker Attack

Unfortunately, despite all the efforts made by their operators, cryptocurrency exchanges are still rather vulnerable to hacker attacks. Now the crypto world is discussing the name of a new victim that has been added to the list of exchanges suffered from hackers. This time the sad news came from Japan where Bitpoint lost $32 million in crypto assets.

Based in Japan, Bitpoint is a licensed cryptocurrency exchange. Before the attack, it provided its customers with an opportunity to trade five cryptocurrencies. Among them, there are the world’s major ones, including Bitcoin, Bitcoin Cash, Ethereum, Litecoin and XRP.

As it has been disclosed by the CoinDesk Japan, after Bitpoint noticed unusual withdrawal from its hot wallet, it took a decision to halt all services. It means that starting from Friday morning trading, deposit and withdrawal of all crypto assets are closed.

At the current moment, there is no information which types of crypto assets were stolen. It’s just known that $23 million from the total illegal outflow of $32 million belonged to customers. It has been disclosed by Remixpoint Inc., the exchange’s parent company.

Hacker Attacks in Japan

Nevertheless, let us remind you that this situation with Bitpoint is not the first breach of an exchange registered in Japan.

Last September, Zaif, another licensed exchange under the Japanese Financial Services Agency, also made headlines being hacked. In that hack, it lost $60 million in cryptocurrencies. Among the stolen assets there were 6,000 Bitcoin as well as Bitcoin Cash and the Monacoin cryptocurrency.

To compensate the funds, the exchange’s operator Tech Bereau entered in a partnership with a Japanese publicly listed investment firm called Fisco. Under the terms of the agreement, the business of Zaif was transferred to Fisco Cryptocurrency Exchange.

And one more example of a hacked Japanese exchange is Coincheck. As we recently reported, this exchange made history (without any intentions to do it) in early 2018 when it lost funds worth approximately $520 million in NEM tokens. The attack was named the major crypto theft and led to increased regulatory scrutiny of crypto exchanges in the country.

Bitpoint Exchange Lost $32 Million in Cryptocurrency Amid Recent Hacker Attack

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Global Cryptocurrency (GCC) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0
Капитализация $0 Rank 99999
Цена в час новости $ 0.0040785 (-100%)

cryptocurrency bitpoint million recent exchange lost hacker

cryptocurrency bitpoint → Результатов: 15


Japanese Crypto Exchange Bitpoint Loses $32 Million In Hack; BTC, BCH, ETH, LTC, and XRP Stolen

The hacking attempts at cryptocurrency exchanges are becoming more and more prevalent as yet another exchange lost over $32 million USD worth of cryptocurrency funds. The hack on Japan’s BitPoint led to the indefinite closure of withdrawal, deposit and trading services on the platform leading to several questions on the security of the exchange. This […]

2019-7-12 16:38


Breaking: Japanese cryptocurrency exchange BitPoint hacked; 7 billion yen compromised

Ring in the hacking bells once again. BitPoint, a licensed Japanese cryptocurrency exchange, has been hacked, leaving over 7 billion yen [$64. 6 million USD] compromised. Japan is the latest to join the list of countries with crypto-exchanges subjected to cyber-attacks, joining the likes of South Korea, Canada, and New Zealand.

2019-7-12 09:30


Фото:

Remixpoint Inc. Ally with Hinomaru Limousine to Let Travelers Pay for Airport Rides with Bitcoin

Remixpoint Inc. , the parent company of BITPoint cryptocurrency exchange, which is one of the 16 licensed digital assets trading venues in Japan, has joined forces with Hinomaru Limousine Inc. , a local firm that claims to operate a fleet of 362 limos and 161 taxis, to make it possible for travelers to pay for airport rides with bitcoin, reported  Bloomberg on.

2018-11-6 00:00


Фото:

Tokyo travelers can now rent a limousine with Bitcoin

Tokyo has taken another step towards cryptocurrency “mass adoption,” and will be giving high-rollers another place to spend their hodlings. The Hinomaru Limousine company claims it will be giving passengers the opportunity to pay for their travel – between the Japanese capital and the city’s two major airports – in digital currencies, Bloomberg reports.

2018-11-5 14:20


Japan’s Largest Crypto Exchanges to Face the Wrath of the FSA

Japan’s Financial Services Agency (FSA) will be taking administrative action against several registered cryptocurrency exchange operators in the country. These exchanges include Quoine, Bitbank, BITPoint Japan, BtcBox, and industry leader BitFlyer, who authorities claim don’t have proper internal management systems in place, including measures to prevent money laundering.

2018-6-20 23:10