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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHackers Steal $59 Million In Cryptocurrency From Japanese Exchange
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.
Zaif lost 5,966 Bitcoins, currently valued at more than $6,000 each, as well as some Monacoin and Bitcoin Cash, the amount of which Tech Bureau is currently investigating, according to the released statement.
Tech Bureau said it will sell a majority of its shares to another financial services corporation in Japan, as reported by CCN. That sale is supposed to provide over $40 million to be used to replace the funds stolen from customers.
Read more: http://www.kanw.com/post/hackers-steal-59-million-cryptocurrency-japanese-exchange
RandiFan1290
(6,256 posts)Best to use a hardware wallet like the Ledger Nano and keep it offline.
jmowreader
(50,567 posts)I think if I was in BTC that would hurt worse than this robbery.
RandiFan1290
(6,256 posts)The exchanges were bogged down and couldn't keep up with demand. They had to stop taking new customers because they couldn't handle the volume.