👀 Hackers steal nearly $60 million from Japanese crypto exchange

Hackers have targeted Japanese cryptoasset exchange Zaif, stealing 6.7 billion yen or around $59.7 million from user wallets and the exchange itself. Tech Bureau Inc, which operated Zaif, claims they detected a server error on Sep. 17th and immediately suspended deposits and withdrawals before realizing they were being hacked the next day. The majority of stolen assets were Bitcoin ($BTC) but also included Bitcoin Cash ($BCH) and MonaCoin ($MONA). Fisco Digital Asset Group will help cover customer losses by providing 5.0 billion yen, around $44.5 million, to the exchange in return for an agreement to dismiss more than half of Tech Bureau's directors and the firm's auditors. Fisco will also become a majority shareholder in the company.