Cryptopolitan 2019-07-18 02:07:12

Bitpoint exchange hack: 50000 users to receive hacked funds in cryptocurrency

Bitpoint exchange hack came as a shock for users. But not so much for many others since Japanese cryptocurrency exchanges have been a target for the cryptocurrency scammers and hackers. Japanese cryptocurrency exchange BitPoint fell victim to an exchange jacking as the firm lost over three and a half billion yen (Y3.5B) to the hackers in the process. The firm’s wallet was targetted, and the funds were stolen, including over two and a half billion yen of (Y2.5B) of customer funds. The sum rounds off to around thirty-two million dollars ($32M) and the hack affected around half of its 110,000-strong

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