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Cryptocurrencies

Hackers snatch $32m from Japan cryptocurrency exchange Bitpoint

Operator promises compensation in case echoing Coincheck theft

Once again, a Japanese cryptocurrency exchange has been breached by hackers. 

TOKYO -- Japanese cryptocurrency exchange operator Bitpoint has lost 3.5 billion yen ($32 million) in a hacking attack, parent company Remixpoint announced on Friday.

Bitpoint stopped web transactions for customers early in the morning and stopped all services at 10:30 a.m. The case echoes an attack on rival exchange Coincheck last year, where hackers made off with the equivalent of $500 million, sending shock waves through the industry.

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