Hackers steal $32 million worth of crypto from Japanese exchange Bitpoint

Keeping your cryptocurrency at exchanges, unless you absolutely must do so, still isn't prudent. 

New proof of that comes from Japan, where cryptocurrency exchange Bitpoint has been hacked to the tune of $32 million, CoinDesk reports. 

In a notice on its website, Bitpoint said it has "identified an unauthorized outflow of virtual currency," which is why it has stopped trading as well as opening new accounts, in order to find the cause and minimize damage. 

A more detailed document from Bitpoint's parent company Remixpoint says $23 million of the stolen funds belonged to the exchange's customers. According to Nikkei Asian Review, Remixpoint plans to compensate those customers.  Read more...