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".
The Momo challenge is being turned into a horror film
Thankfully, the whole challenge was a hoax and Momo was actually a sculpture created by Japanese artist Keisuke Aiso . According to Deadline , film masters Roy Lee and Taka Ichise are teaming up on a film based on the sculpture.
Australians in favour of constitutional recognition for indigenous people
Any referendum question must be supported by the majority of Australian voters, as well as at least four out of six states. Labor leader Anthony Albanese on Thursday declared that a successful referendum on recognition was "realistic and doable".
ASAP Rocky's Lawyer Refutes Reports Of 'inhumane' Prison Conditions
We hope Rocky gets out of the hell he has been caged in and we hope to see him rapping around the stage with a mic in hands soon. The two young men followed A$AP Rocky and his crew relentlessly and even threw a projectile at the security.
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.