Bitpoint Japan suspends operations after hackers steal $32 million from crypto wallet

July 12, 2019

Cryptocurrency exchange Bitpoint Japan Co. suspended operations after it lost more than $32 million (3.5 billion yen) in an unauthorized leak from its hot wallet, 

The breach, reported in an online statement posted by its parent company, Remix Point Inc., said that bitcoin and Bitcoin Cash are managed in the hot wallet and said there are five stocks of Shush, Ethereum, Litecoin and Ripple. 

The company said that about 2.5 billion yen belonged to customers, while about 1 billion belonged to the company. 

The company apologized to customers, shareholders and other stakeholders for the incident. 

Topics: Bitcoin, Region: APAC, Security

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