Japan hit by another cryptocurrency heist, $60 million stolen
Updated : September 20, 2018 10:31 AM IST
Tech Bureau, which had already been slapped with two business improvement orders by regulators this year, said its Zaif exchange was hacked over a two-hour period on September 14. It detected server problems on September 17.
Japan's crypto exchanges have been under close regulatory scrutiny after the theft of $530 million in digital coins at Tokyo-based cryptocurrency exchange Coincheck Inc. in January. Coincheck has since been acquired by Japanese online brokerage Monex Group Inc.
The latest hack is likely to affect the FSA's ongoing regulatory review of the industry. Other countries are also grappling with how to regulate crypto market.
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