• Hackers stole $60 million from a crypto exchange in Japan's second major bitcoin heist this year

    2 monthes ago - By Chron

    Thomson Reuters 6.7 billion yen in cryptocurrency has been stolen by hackers from a Japanese digital exchange called Zaif.
    Tech Bureau Corp, the Osaka based company that owns the exchange, said hackers gained access for a timeframe of over two hours on September 14 and stole money from Zaif's ‘hot wallet' where Bitcoin and other digital currencies are stored, Reuters reported.
    Server problems were detected on September 17, with the company sounding the alarm to authorities the following day. The exchange was taken offline, and efforts have been underway to get it working again.
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  • The Latest Cryptocurrency Exchange Hack Is a $60 Million Theft at Japan's Zaif

    2 monthes ago - By Fortune

    Hackers stole $60 million of digital coins from a Japanese exchange, the latest in a string of thefts that have kept many institutional investors wary of putting their money in cryptocurrencies.
    The theft of Bitcoin, Monacoin and Bitcoin Cash from Zaif, an exchange owned by Osaka-based Tech Bureau Corp., occurred last week and was disclosed by Tech Bureau in a statement on Thursday. About 2.2 billion yen of stolen coins belonged to the exchange and the rest was client money.
    Virtual currency exchanges have suffered at least five major hacks this year, one reason why professional money...
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