Thirty-two million dollars were stolen from the Japanese cryptocurrency exchange Bitpoint. The said cryptocurrency exchange has stated on their website that they have "identified an unauthorized outflow of virtual currency.” Because of this, they have stopped trading and opening new accounts “in order to find the cause and minimize damage.”
A more detailed document from Bitpoint's parent company Remixpoint says $23 million of the stolen funds belonged to the exchange's customers. According to Nikkei Asian Review, Remixpoint plans to compensate those customers.
There's no word on which coins were stolen, but CoinDesk says that Bitpoint offered trading in five cryptocurrencies; Bitcoin, Bitcoin Cash, Ethereum, Litecoin, and XRP.
Cryptocurrency exchanges getting hacked isn't new, but the last couple of months have been particularly bad. Days ago, Singaporean crypto exchange Bitrue was hacked to the tune of $4.2 million. In May, Binance lost approximately $40 million due to a hack.
Perhaps the best lesson we can learn from this is to think twice before investing in cryptocurrency.
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