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$60 Billion Worth of Cryptocurrency Stolen in the Zaif Cyberheist

Japanese cryptocurrency exchange, Zaif is hacked to the tune of 6.7 billion yen or $60 million dollars worth of crypto coins by cybercriminals. The heist incident happened between 5 pm to 7 pm on September 14, 2018, the two-hour window was enough time to establish transfers. Zaif has not disclosed how much Monacoins and Bitcoin Cash were stolen, but from the initial reports, 5,955 BTC was lost, equivalent to $37.8 million. Tech Bureau Corp, the mother company of Zaif, has promised victims a compensation for the lost crypto coins.”]

Source: https://hackercombat.com/60-billion-worth-of-cryptocurrency-stolen-in-the-zaif-cyberheist/

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