Hackers steal $60 million from Japan’s Zaif cryptocurrency exchange

 

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According to (This article and its images were originally posted on HackRead September 21, 2018 at 07:50PM.)

Hackers have stolen a whopping $60 million (6.7 billion yen) worth of cryptocurrency from Zaif, the 35th largest cryptocurrency exchange dealing in Bitcoin, Bitcoin Cash, and Monacoin. The exchange is owned by Tech Bureau, Corp. based in Nishi-Ku, Osaka, Japan.

The hack attack took place on September 14th after hackers gained access to exchange’s “hot wallets” and transferred stolen funds to their own wallets. What’s worse is that Tech Bureau wasn’t aware of the breach until Monday, September 17th allowing hackers to cover their tracks without flipping off.

One of the tweets from Zaif exchange suggests that the exchange discovered the hack during an investigation related to server failure and urged users not to deposit or withdraw funds from their wallets.

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This article and images were originally posted on [HackRead] September 21, 2018 at 07:50PM. Credit to the original author and HackRead | ESIST.T>G>S Recommended Articles Of The Day.

 

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