$59.7 million worth of Bitcoin, Bitcoin Cash (BCH) and MonaCoin (MONA) were hacked from Zaif exchange (Japan).
Of the lost funds, ¥2.2 billion were the company’s own assets and ¥4.5 billion were customer funds.
Since the hack on September 14, Zaif has stopped withdrawals and deposits for BTC, MONA, BCH and CounterParty tokens (ZAIF, XCP, BCY, SJCX, FSCC, PEPECASH, CICC, NCX).
“Anyone trying to withdraw cryptocurrency from Zaif right now will find it’s temporarily suspended as Zaif goes through the regulatory authorities investigation process.”
Users can still withdraw and deposit XEM, ETH, CMS:XEM and CMS:ETH.
The NEM.io Foundation announced today that the NEM blockchain platform remains secure
All NEM mobile wallets and NEM Nano wallets also remain secure and intact, in the wake of the hack of the Zaif crypto exchange.
Riding on the #Zaif trending topic, NEM posted an article stating:
“While NEM is traded on Zaif, only Bitcoin, Bitcoin Cash (BCH) and MonaCoin (MONA) holdings were stolen in this hack. No known NEM holdings are believed to be affected at this time.”
Looks like since the $500 million NEM (XEM) theft at Coincheck in January 2018, NEM may have improved their security system.
Despite this news… NEM is still bearish.
The series of unfortunate events for crypto-exchanges in Japan
Since April 2018, the Japanese government imposted stringent laws and regulations for exchanges.
June 2018 – BitFlyer suspended many of their customer accounts for weeks-long reviews because of the “Stop Yakuza” anti-money laundering issue.
July 2018 – Kraken exchange had ceased operations in the country.
September 2018 – Zaif exchange being hacked. The exchange will likely face harsh sanctions if they fail to compensate the losses.