Crypto Exchange Loses $ 32 Million in Hacking



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Bitpoint – a Tokyo-based cryptocurrency exchange managed by Remixpoint – has just discovered that 3.5 billion JPY (or about 32 million USD) under its management have been stolen as a result of targeted hacking. Of this amount, JPY 2.5 billion, or USD 23 million, belonged to customers. Hackers stole five different crypto-currencies, including Bitcoin, Bitcoin Cash and Ripple. Until now, Remixpoint has stated that all the stolen cryptos came from his hot wallet, his cold wallet being intact. Since the hacking, Bitpoint has suspended all its services, including trading, filing and withdrawal.

This is not the first time that a Japanese crypto-exchange is hacked. At the beginning of last year, Coincheck, one of the largest cryptocurrency markets in Japan, was hit by hackers, who managed to steal $ 400 million, forcing the Japanese government to advise trade to improve their safety. With this new success, it seems that much remains to be done in cybersecurity. For those affected by the latest hacking, Bitpoint has not yet announced its intention to repay its customers.

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