BITPoint Japan-based cryptocurrency announced that hackers have stolen more than $32 million (3.5 billion yen) worth of cryptocurrency due to a cyber attack.
“Today, we have stopped the remittance (sending) and receiving (depositing) services from 6:30, but we will stop all services including transactions and sending and receiving from around 10:30.
We apologize for the great inconvenience to our customers, but we appreciate your understanding and cooperation.” reads a statement published by the company.
“The apparent hack was discovered after an error appeared in the firm’s outgoing funds transfer system on Thursday night.” reported the AFP press.
AFP initially reported that the incident only affected wallets hosted on system exposed online (“hot wallet”), while “cold
Later, a document released by RemixPoint, confirmed that hackers stole funds from both of its “hot” and “cold” wallets.
Remixpoint only revealed that an investigation is ongoing, but avoided to disclose further details of the cyber heist.
Immediately after the disclosure of the incident, Remixpoint shares fell 18.6 percent.
The incident is the latest in a string of similar cases at Japanese
At the end of June, crooks stole millions worth of
Cryptocurrency exchanges are a profitable target for cybercriminals, in the past few years, many companies reported thefts of millions of dollars worth of cryptocurrency. The list of hacked exchanges includes Bithumb Binance, Coinrail, Zaif, Coincheck, and Bitfinex.
“The hacks have prompted greater oversight of crypto exchanges by Japan’s Financial Services Agency but critics says security gaps remain.” concludes the AFP press.
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