hackers steal 60 million from japanese crypto exchange
Last Updated : GMT 06:49:16
Arab Today, arab today
Arab Today, arab today
Last Updated : GMT 06:49:16
Arab Today, arab today

Hackers steal $60 million from Japanese Crypto exchange

Arab Today, arab today

Arab Today, arab today Hackers steal $60 million from Japanese Crypto exchange

Bitcoin has a legal form of payment in Japan.
Tokyo - Arab Today

A Japanese digital currency exchange has been hacked, and  $60 million worth of cryptocurrencies are gone.

Tech Bureau Corp. said Thursday a server for its Zaif exchange was hacked for two hours last week, and some digital currencies got unlawfully relayed from what's called a "hot wallet," or where virtual coins are stored at such exchanges.

It added that the virtual currencies stolen were bitcoin, monacoin, and bitcoin cash.


"We decline to comment on the details of how this illegal access occurred, as it is a crime and we've already asked the authorities to investigate," Tech Bureau said in a statement.

"We will prepare measures so that customers' assets will not be affected" by the hack, it said, adding it would receive financial support from major shareholder Fisco Group.


Tech Bureau said about $40 million worth of the stolen currency was its own, and about $20 million belonged to customers.
Japan has been bullish on virtual money and has set up a system requiring exchanges to be licensed to help protect consumers. The system is also meant to make Japan a global leader in the technology.

Bitcoin has been a legal form of payment in Japan since April 2017, and a handful of major retailers here already accept bitcoin payments.


But the recurrence of cryptocurrency heists shows problems persist. Biggest digital currency hacks ever
The incident follows the high-profile theft of $530 million earlier this year at Tokyo-based cryptocurrency exchange Coincheck Inc in one of the world’s biggest cyber heists that forced regulators to order stepped-up risk management protocols.


Coincheck has since been taken over by Japanese online brokerage Monex Group Inc.
Also Bithumb, ranked by Coinmarketcap.com as the world’s seventh-largest crypto exchange by traded value, in June this year was hacked also.

 

arabstoday
arabstoday

GMT 01:40 2017 Wednesday ,27 December

Japan jobless rate lowest since 1993

GMT 11:24 2017 Saturday ,14 January

At Tokyo's new fish market site

GMT 08:49 2016 Monday ,14 November

Japan posts forecast-beating growth

GMT 10:24 2016 Wednesday ,09 November

Dollar tumbles against yen, euro

GMT 09:36 2016 Monday ,31 October

Japan shippers merge container units
Arab Today, arab today

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

hackers steal 60 million from japanese crypto exchange hackers steal 60 million from japanese crypto exchange

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

hackers steal 60 million from japanese crypto exchange hackers steal 60 million from japanese crypto exchange

 



GMT 13:49 2017 Thursday ,08 June

Boko Haram kills 11 in NE Nigeria attacks: police

GMT 09:08 2017 Monday ,11 September

Palestinian court grants bail to prominent activist

GMT 00:06 2018 Wednesday ,24 January

Emirates signs agreement for 36 additional A380s

GMT 09:59 2018 Wednesday ,10 January

Pakistan reiterates solidarity with Saudi Arabia

GMT 23:01 2016 Wednesday ,30 November

21 killed in artillery shelling of eastern Aleppo

GMT 09:22 2016 Monday ,10 October

US troops in Kuwait came under 'suicide' attack

GMT 21:14 2017 Tuesday ,21 February

Tatas will lead, not follow

GMT 11:24 2017 Wednesday ,15 February

ISIS kidnapped 16 civilians from Anbar

GMT 19:30 2018 Wednesday ,31 October

King congratulates Antigua and Barbuda Governor-General

GMT 00:05 2017 Thursday ,28 December

Guterres extends mandate of UN-backed Lebanon tribunal

GMT 01:49 2017 Wednesday ,18 October

Iran considered dropping Turkey to fight the Russian

GMT 00:02 2017 Friday ,01 September

July24th-August23rd
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

Maintained and developed by Arabs Today Group SAL.
All rights reserved to Arab Today Media Group 2025 ©

arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday