The biggest cyber theft of crypto currency like BitCoin took place in Japan, $ 34 billion was defrauded
The biggest cyber theft involving crypto currency like Bitcoin has come to the fore in Japan. Hackers defrauded a Japanese exchange with 58 billion yen worth of cryptocurrency.
Tokyo. The biggest cyber robbery related to crypto currency has come to the fore in Japan. Hackers defrauded a Japanese exchange with 58 billion yen worth of cryptocurrency. In Indian currency this amount is about 34 billion rupees. This has been claimed in the news in the Japanese media. Following the incident, the Coincheck exchange said on its website on Friday that it has banned the sale and withdrawal of the digital currency named NEM. The website has written as a warning that it has also banned the trading of other cryptocurrencies.
Coincheck also held a press conference in this regard on Friday night. At this press conference, Coincheck President Koichiro Vada apologized to everyone. According to the Kyodo News Service, Vada said the company may seek financial assistance. Japanese TV footage also showed customers standing outside the company’s head office.
According to Coinache, it is the largest exchange for bitcoin and cryptocurrencies in Asia. Coincheck says it caught the unauthorized access to its system around 3 a.m. Friday. Earlier in the year 2014, Japan’s own bitcoin exchange Mt. There was a hacking of 48 billion yen in Gox. But this hacking is bigger than that.