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Japanese Exchange Bitpoint Hit By $32m Cyber-Attack

Posted on July 16, 2019 by Dissent

Phil Muncaster reports:

Japan-based cryptocurrency exchange Bitpoint has become the latest to lose tens of millions of dollars in a cyber-attack.

The firm said it was forced on Friday to stop all services — including withdrawals, deposits, payments, and new account openings — while it investigated the incident. It has also notified the relevant authorities in Japan.

Hackers managed to steal funds not only from the firm’s hot wallets, but also its offline cold wallets.

Read more on InfoSecurity Magazine.

Related posts:

  • Russian Nationals Charged With Hacking One Cryptocurrency Exchange and Illicitly Operating Another
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Category: Business SectorHackNon-U.S.

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