Hackers steal $32 million from Japanese cryptocurrency exchange Bitpoint
2019-07-17 • Bitdefender •
Bitpoint halted services after detecting suspicious Ripple remittance activity and later determined that attackers had stolen about 3.5 billion yen, roughly $32 million, in cryptocurrency. The theft affected customer and company holdings across assets including Bitcoin, Bitcoin Cash, Litecoin, Ethereum, and XRP, showing that both hot and cold-wallet operations were exposed. The article places the incident in the broader pattern of cryptocurrency-exchange compromises in Japan, alongside earlier Zaif and Coincheck losses. Defenders and exchange operators should treat wallet administration, remittance monitoring, and incident response around exchange custody systems as the main security lessons.