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Hacked Crypto Exchange Bitpoint Discovers More Millions Are Missing

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

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.

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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.

Keyboard and spooky shadow image via Shutterstock

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