• $32m stolen from Tokyo cryptocurrency exchange in latest hack

    3 monthes ago - By The Guardian

    Bitpoint suspends services after apparent theft of virtual monies including bitcoin A cryptocurrency exchange in Tokyo has halted services after it lost $32m in the latest apparent hack on volatile virtual monies. Remixpoint, which runs the Bitpoint Japan exchange, discovered that about ¥3.5bn in various digital currencies had gone missing from under its management. Cryptocurrencies are an alternative way of making payments to cash or credit cards. The technology behind it allows the ‘money' to be sent directly to others without it having to pass through the banking system. For that reason...
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  • Bitpoint cryptocurrency exchange loses $32 million in hack

    Bitpoint cryptocurrency exchange loses $32 million in hack

    3 monthes ago - By The Verge

    Japan's Bitpoint is the latest cryptocurrency exchange to be hit by a hack targeting its holdings; the exchange says around 3.5 billion yen of funds were stolen, with 2.5 billion yen of that belonging to customers. The hot wallet involved in the hack contained five cryptocurrencies, including bitcoin, Bitcoin Cash, and Ripple, according to Bloomberg .
    Bitpoint has responded by suspending all services, including withdrawal, trading, and deposit. The company says it hasn't detected any irregular activity or missing funds affecting cold wallets (those that aren't connected to the...
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