Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing

Daniel Palmer
Jul 15, 2019 at 08:00 UTC
Updated Jul 16, 2019 at 06:27 UTC
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UPDATE July 16, 6:25 UTC: In a follow-up post published on Tuesday, Bitpoint confirmed the stolen crypto assets included 1,225 bitcoin, 1,985 bitcoin cash, 11,169 ether, and 5,108 litecoin.


After announcing a $30-million hack last week, Japan-based cryptocurrency exchange Bitpoint says it’s discovered that another $2.3 million is missing.

A report from Japan Today on Monday said the extra losses were discovered at exchanges outside Japan that were using Bitpoint’s trading system and announced Sunday.

The firm announced Friday that it had suffered a security breach arising in the loss of around 3.2 billion yen (almost $30 million) in cryptocurrencies. As a result, it halted all services including trading, deposits and withdrawals of all crypto assets.

The platform’s parent company Remixpoint Inc. said in an announcement soon after the breach that $23 million-worth of the missing funds belonged to its customers.

The exchange offers trading in five cryptocurrencies: bitcoin, bitcoin cash, ether, litecoin and XRP.

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