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Bitpoint exchange loses $32 million worth of cryptocurrency in hot wallet hack
Have you heard that Japanese cryptocurrency exchange Bitpoint has been hacked, resulting in the loss of $32 million worth of various digital currencies? The majority of funds lost (approximately $23 million) belonged to customers, while the rest were owned by the exchange.
Bitpoint has ceased operations and says the funds were stolen from a hot wallet that contained five cryptocurrencies including Bitcoin, Ripple, and Bitcoin Cash.
As of yet, the company says it is not aware of any funds taken from cold wallets.
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