Cryptocurrency News Exchange

New data on the Bitpoint hack arrives

As the days go by, new data arrives on the hack suffered by the cryptocurrency exchange Bitpoint, which revealed that about half of its 110.000 users were affected by last week's attack, estimated at around $ 3,02 billion in yen (about $ 28 million).

According to the latest news in this regard, speaking at a press conference in Tokyo, the president of Bitpoint Genki Oda he specified that of the stolen 3,02 billion yen, 2,06 billion yen are attributable to its customers while 960 million yen consist of the company's own equity investments.

According to Oda, customer losses represent 13% of the total amount of cryptocurrency that users kept on Bitpoint: the exchange's top manager, as his colleagues from other exchanges identically affected had to do, undertook to repay the victims, with cryptocurrency, once the trading of your platform is fully resumed.

Theft, which included sums of digital currency expressed in Bitcoin, Bitcoin Cash, Ethereum, Litecoin e Ripple, it was revealed last Thursday, announcing estimated losses of $ 32 million, a number then slightly reduced to $ 28 million. Furthermore, the idea that part of the stolen funds have already been recovered seems to be contradicted, as a moment of recovery of the exchange's activities is not already foreseen.

Recall that in September 2018 another Japanese exchange, Zaif, had suffered a similar attack, with 60 millions of dollars in cryptocurrency stolen.

Roberto Rais

A great fan of cryptocurrencies, a writer for a long time for our editorial staff, particularly attentive to blockchains and cryptocurrency quotes.

Share
Published by
Roberto Rais

Recent Posts

The future of cryptocurrencies: new challenges and new opportunities

Cryptocurrencies have revolutionized the world of economics and investment, offering a decentralized alternative to traditional…

1 years ago

Can Cardano Beat Ethereum With This Massive New Move? 

Milkomedia-C1 announced the integration of the DJed stablecoin network on its platform. Milkomeda C1, a…

1 years ago

2 cheap cryptocurrencies to buy now

Cryptocurrencies have gained immense popularity over the last decade, attracting investors from all over the world. However,…

1 years ago

The Bahamas intend to strengthen the regulation of cryptocurrencies after the sinking of FTX

The former cryptocurrency exchange FTX was based in the Bahamas. The island nation has not been…

1 years ago

Shiba Inu scores huge due to superior technology

As Shiba Inu adoption skyrockets, the memecoin and the entire Shiba ecosystem…

1 years ago

Millions of users can buy, withdraw and exchange Bitcoins on Telegram messenger

The adoption of digital currencies such as Bitcoin has continued to grow unabated. Many…

1 years ago