The company apologized for the disruption caused to its customers, saying that any damages caused would be compensated.
The reason for the losses, which include bitcoins as well as Ethereum, Ripple and other kinds of cryptocurrencies, is under investigation. It added that it held some crypto holdings in the hot wallet to "execute virtual currency transaction smoothly".
Jimmy Floyd Hasselbaink: Where Frank Lampard needs to improve Chelsea FC
Since Roman Abramovich took over the London club they have become characterised for the rate at which they burn through managers. The Blues were held to a 1-1 draw by Bohemians, courtesy of an 89th-minute equaliser from trialist Eric Molloy.
Trump warns Facebook over its plan to create a digital currency
It is by far the most dominant currency anywhere in the World, and it will always stay that way. Bitcoin prices did not immediately react to Trump's comments .
Ford, Volkswagen promise details on electric, autonomous vehicle alliance
Ford may leverage its access to VW's electric-car architecture to comply with stricter European emissions rules. Analysts at Citi said Ford licensing Volkswagen's MEB platform is a "transformational" step for both companies.
According to the information, published on the official website of the exchange, the company halted all operations, including opening new accounts once an authorized cryptocurrency transaction was detected. Its major shareholder is the mentioned Remix Point Co., Ltd, a Japan-based company engaged, besides their crypto exchange, in software development, energy-related business, and automotive business.
Bitcoin has been a legal form of payment in Japan since April 2017, with the country relatively open to cryptocurrencies.
Today's Bitpoint system compromise records this year's 6 system breach by hackers.
How can Crypto Exchanges Protect Customer Assets Against Hacks?
In September 2018, the Zaif cryptocurrency exchange lost $60 million following a hack.
Since funds are usually transferred from one exchange to another during hacking, establishing excellent communication will be vital in fighting this vice.