Crypto Not Cash: Hacked BitPoint’s Masterplan to Refund 50,000 Victims

2019-7-18 10:56

50,000 victims of the Japanese crypto exchange Bitpoint’s recent hack will have their stolen wallet holdings reimbursed in crypto. This was revealed in a press conference in Tokyo, where reporters were informed that the company had decided to pay back victims in crypto using a 1:1 ratio, as against fiat payouts.

Bitpoint’s Unusual Alternative to […]

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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


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