Japan Digital Currency Exchange Hacked, Losing $60 Million

[Sept 21, 2018]

Tech Bureau Corp. said 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.

Hackers have stolen 6.7 billion yen (INR 4,31,26,50,000/-) worth of cryptocurrencies from a Japanese digital currency exchange.

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


 

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