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Japan, 60 million dollars worth of crypto stolen
Japan, 60 million dollars worth of crypto stolen
Crypto

Japan, 60 million dollars worth of crypto stolen

By Amelia Tomasicchio - 20 Sep 2018

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More than 60 million dollars, or 6.7 billion yen, would have been stolen in Japan after a hacker attack that hit Zaif, a Japanese exchange with volumes of around 72 million dollars.

crypto stolen

The Tech Bureau of Osaka, which manages the Zaif exchange, has explained that one of their servers has been hacked, the stolen cryptocurrencies would be bitcoin, bitcoin cash and monacoin.

“We decline to comment on the details of how this illegal access occurred, as it is a crime and we’ve already asked the authorities to investigate.

We will prepare measures so that customers’ assets will not be affected”, adding that the exchange will receive support from the shareholder Fisco Group.

Japan is one of the focal points for crypto adoption, with over 50,000 merchants accepting bitcoin as their payment method.

At the beginning of the year, the Japanese Coincheck had suspended crypto deposits and withdrawals after a hacker attack that caused the loss of more than half a billion dollars in NEM.

The Japanese authorities then ordered the suspension of the operations of two exchanges.

Amelia Tomasicchio

As expert in digital marketing, Amelia began working in the fintech sector in 2014 after writing her thesis on Bitcoin technology. Previously author for several international crypto-related magazines and CMO at Eidoo. She is now the co-founder and editor-in-chief of The Cryptonomist, and also PR manager for the Italian market at Bitget. She is also a marketing teacher at Digital Coach in Milan and she published a book about NFTs for the Italian publishing house Mondadori, while she is also helping artists and company to entering in the sector. As advisor, Amelia is also involved in metaverse-related project such as The Nemesis and OVER.

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