AD
AD
AD

Lost and Found: Hacked cryptocurrency exchange BITPoint Found $2,3 Mln of Stolen Crypto

article image
Cover image via CryptoComes.com

Hacked on April 12, a cryptocurrency exchange Bitpoint managed to find parts of stolen funds on the European exchanges’ wallets.

Mon, 07/15/2019 - 10:01
Advertisement

According to The Mainichi, the Japanese cryptocurrency exchange BITPoint, which was hacked last week, managed to find part of the stolen funds. This is an amount of $2.3 mln (250 million yen), the whole sum of assets stolen is $32 mln.

The stolen crypto was found abroad, on European exchanges that use the trading system provided by BITPoint Japan. As the company itself claims, the find helped to reduce the total amount from $32 mln (3.5 bln yen) to $28 mln (3.05 bln yen).

👉 MUST READ Hackers Suck $32 Mln in XRP and Other Crypto From Japanese Bitpoint Exchangerelated article image

Recall that hacking took place on July 12. All cryptocurrencies (Bitcoin, Litecoin, Ethereum, Bitcoin Cash and Ripple), were stored on the exchange’s hot wallets. Totally were stolen $23 mln of customers’ funds and $9.2 mln of exchange’s funds. Immediately after the hacking service has suspended its activities.

Prerequisites for concern were back in June last year. Then the Japanese Financial Services Agency, among other recommendations, highlighted the fact that BITPoint is obliged to increase the security level of keeping clients' funds.

Advertisement
Hot stuff
1,249,577 XRP in 24 Hours Push Price to New Frontier
2 weeks 2 days ago
Shiba Inu (SHIB) Price to Add $0 This Test is Failed
2 weeks 3 days ago
Cardano Kicks Off New Round of Stake Pool Delegation
4 years ago
Blow to Ripple as SEC Gets Access to Company's Missing Slack Messages
4 years ago
Anti-Bitcoin Activist Arrested in El Salvador
4 years ago
Advertisement
Name card
Shiba Inu (SHIB): One Last Test at $0.0000138 Waiting
23 hours ago
Name card
Cardano (ADA) in Bubble? Indicator's Warning Signs
1 day ago
Name card
Solana (SOL) All-Time High on Line? It's Closer Than You Think
2 days ago