RATE Group | Crypto Exchange Zaif Hacked In $60 Million, 6,000 Bitcoin Theft
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Crypto Exchange Zaif Hacked In $60 Million, 6,000 Bitcoin Theft

20 Sep Crypto Exchange Zaif Hacked In $60 Million, 6,000 Bitcoin Theft

Posted at 02:28h in Bitcoin News by

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Yet another Japan-based cryptocurrency exchange has been hacked with a loss of total 6.7 billion yen, or $60 million worth of cryptocurrency, including 6,000 bitcoin.

The exchange, called Zaif, operated by Tech Bureau and a licensed exchange in Japan, said on Thursday that the exchange first noticed unusual funds outflow on the platform around 17:00 Japan time on Sept. 14, after which the company suspended asset deposit and withdrawal services..

Tech Bureau further explained that after further investigation, it discovered the unauthorized access to the exchange’s hot wallets had stolen a total of $60 million worth of cryptocurrency in bitcoin, bitcoin cash, and MonaCoin.

At the moment, however, the amount of bitcoin cash stolen remains unknown.

The exchange added that since its own asset reserve is currently at around 2.2 billion yen (or $20 million), it has reached an agreement with a Japan-listed firm called Fisco to receive a $44.5 million investment in exchange for a major…

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