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Firm says $32 mn missing in cryptocurrency hack

A Tokyo-based cryptocurrency exchange said on Friday it had halted all services after losing cryptocurrency worth more than $32 million in the latest hack involving virtual money. Remixpoint said its subsidiary BITPoint Japan discovered overnight that about $32.3 million in various digital currencies had gone missing. The apparent hack was discovered after an error appeared in the firm’s outgoing funds transfer system on Thursday night. It said the cryptocurrency went missing from a so-called “hot wallet”, which is connected to the internet, but that currency held in “cold wallets” that are offline was not affected. BITPoint Japan handles various virtual currencies, including bitcoin, ethereum and ripple.

Source : https://www.thehindu.com/todays-paper/tp-life/firm-says-32-mn-missing-in-cryptocurrency-hack/article28417148.ece

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