RATE Group | Criminals steal $60m from Japanese cryptocurrency exchange Zaif
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Criminals steal $60m from Japanese cryptocurrency exchange Zaif

20 Sep Criminals steal $60m from Japanese cryptocurrency exchange Zaif

Posted at 15:55h in Cryptocurrency News by

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Japanese cryptocurrency exchange Zaif has stopped users from depositing and withdrawing virtual currency after hackers broke into the system and stole $60m (6.7bn yen).

Zaif’s estimated that hackers stole 5,966 Bitcoins plus an unknown quantity of other cryptocurrency assets. Hackers accessed the exchange by breaking into a “hot wallet”, which are online, digital wallets used by customers to store cryptocurrency assets.

“It turned out some of the… hot wallets were hacked by unauthorised access from the outside, and part of the virtual currency managed by us was illegally discharged,” Zaif said.

The company detected server abnormality on Monday, and Zaif confirmed the hack the following day….

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