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. The link for this article located at The Next Web is no longer available. . CryptoTrade suffered a breach, losing assets from an online wallet, discontinuing services after a theft that caused a $25 million shortfall.. cryptocurrency loss, Bitpoint hack, digital currency security. . LinuxSecurity.com Team
In a Medium blog post, Jim Preissler, the CEO of the trade.io cryptocurrency exchange, disclosed a security breach which allows hackers to steal roughly 50 million trade tokens (TIO) worth $7,5 million from a cold storage wallet owned by the company, as first reported by ZDNet. . What makes this hack very puzzling is the fact that, although Preissler says the bank safety deposit box which stored the cold storage devices was not compromised, the hackers still managed to get away with 50M TIO. The link for this article located at Softpedia News is no longer available. . A significant cyber intrusion at markethold.io results in 70 million tokens valued at $10 million being compromised, raising concerns over previously assured protective measures.. Trade.io Hack, Tokens Theft, Cryptocurrency Exchange. . LinuxSecurity.com Team
Not even a year has passed since top bitcoin exchange Mt. Gox collapsed into a pit of burning money, blaming a hacking incident for a nearly half-billion dollar meltdown and bankruptcy. Now another major exchange may be putting its users through a small-scale replay of that crisis.. Early Monday, a UK- and Slovenia-based bitcoin exchange Bitstamp announced that it would be going offline while it investigated a security compromise of some portion of its stored currency that occurred over the weekend. In a statement to WIRED, the company said that The link for this article located at Wired is no longer available. . Coinbase declares suspension of services after detecting unauthorized access to its digital assets, echoing the infamous Beaxy breach.. Bitstamp, Cybersecurity, Data Security, Bitcoin Platform, Exchange Hack. . LinuxSecurity.com Team
The Bitcoin community faced another crisis on Sunday afternoon as the price of the currency on the most popular exchange, Mt.Gox, fell from $17 to pennies in a matter of minutes. Trading was quickly suspended and visitors to the home page were redirected to a statement blaming the crash on a compromised user account. Mt.Gox. The extent of the compromise became clear when a copy of Mt.Gox The link for this article located at Wired is no longer available. . The extent of the compromise became clear when a copy of Mt.GoxThe link for this article located at . bitcoin, community, faced, another, crisis, sunday, afternoon, price, currency. . LinuxSecurity.com Team
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