Hackers Steal $59 Million In Cryptocurrency From Japanese Exchange

[Bloc10Fintech]

Last week, hackers stole an estimated $59 million from a Japanese cryptocurrency exchange called Zaif, according to a statement released Thursday by the owners of the exchange.

According to Cointelegraph, the Tech Bureau Corp. said the breach occurred on September 14. The company discovered something was wrong on September 17, and realized it was a hack the following day, September 18.

Hackers Steal $59 Million In Cryptocurrency From Japanese Exchange

[bradley79]

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First bank-backed crypto exchange opens doors in Japan

The Japanese cryptocurrency exchange Zaif got hacked today and hackers stole $59 million. According to the report, the hackers stole 5,966 Bitcoins, some Bitcoin Cash, and MonaCoin. Cryptocurrencies worth 4.5 billion yen have been stolen from the users’ hot wallets, and 2.2 billion yen from the company funds. Thus, total losses amount to 6.7 billion yen or around $59.7 million. How disappointing.