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Cryptocurrencies

Latest cryptocurrency heist erodes trust in Japan's exchanges

Reforms after Coincheck fail to prevent another major robbery

Hackers stole about $60 million in digital coins, including bitcoin, from virtual currency exchange Zaif.   © Reuters

TOKYO -- Trust in Japan's cryptocurrency industry continues to fade as exchange operator Tech Bureau said Thursday that about 6.7 billion yen ($60 million) in digital coins was stolen last week, just months after Coincheck was hacked for roughly 58 billion yen in January.

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