BITPoint, a small information exchange house of Japanese origin, announced the hacking of its platform. The event means a loss of $ 32 million in XRP (3.5 billion yen) and other crypto-lows, according to some sources. The Exchange Service opened operations in Panama at the end of 2018.
According to a statement published by cryptobolsa this July 12, about $ 23 million belong to the users of the platform, BITPoint had the rest of the cryptoLooks included in the hack. After that, the shares of Remixpoint, a company responsible for the platform, fell by almost 20% and stopped trading on the Tokyo Stock Exchange due to a surplus of sales orders.
The stolen funds were taken from hot wallets containing the five crypto-loops traded through the Exchange: BattleKnight, BattleCache, litecoin, XRP, and Ether. The exact figures for losses are still unclear, although according to Bloomberg, the highest rate was stolen in XRP.
We are committed to harm reduction measures. We will announce the lost amounts as soon as the details are known.
Remixpoint, a company that manages BITPoint.
According to the statement, after an urgent meeting, BITPoint has ceased trading operations after hacking of cryptoLooks, withdrawals and deposits this Friday, July 12, after reporting an irregular download of XRP from his hot bag on Thursday.
CriptoNoticias contacted BITPoint Latam and received an official statement from the company, saying that the funds of the Latin American consumer are not affected.
Then the document received:
BITPoint Latam communicates with its clients in Latin America that on July 11, 2019, our parent company, BITPoint Japan, became the victim of the cyber-attack that led to the theft of digital assets. The affected funds from customers will be fully refunded. For the peace of our community, the funds of our clients in Latin America are not affected.
As a measure of security, the service is temporarily suspended. BITPoint Japan has used court fees to track the funds allocated to this event and to recover them.
Please contact any question [email protected]
BITPoint Latam, a branch of BITPoint in Panama.
This stock exchange was among the group of operators that was summoned by the Financial Services Agency of Japan to improve the internal security control of its platform after last year's hacker suffered by the Japanese cryptogon Kincheck.
At that time, Coincheck suffered a $ 530m equivalent theft in NEM cryptography, XEM.
From this wound, the Japanese authorities tightened the fence of this type of company, insisting on the need to improve their security system to avoid a new case of cryptoftuling. It seems that BITPoint has not improved its system enough.