• Latest
Hackers Behind Zaif Crypto Exchange Theft May Have Been Exposed

Hackers Behind Zaif Crypto Exchange Theft May Have Been Exposed

November 5, 2018
ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
mintable launches industry changing gas free minting service on ethereum

Mintable Launches Industry Changing Gas Free Minting Service on Ethereum

May 1, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
bitcoin atm installed in mexico's senate building

Bitcoin ATM installed in Mexico’s Senate Building

April 27, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
nfts: the next musical revolution

NFTs: The Next Musical Revolution

April 24, 2022
things you should know before investing in nfts

Things You Should Know Before Investing in NFTs

April 24, 2022
what are wrapped tokens?

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?

What is the future of Ethereum (ETH)?

April 22, 2022
green gaming

Everything You Need to Know About Play-to-Earn on Algorand in 2022

April 21, 2022
$ape going bananas as rumors of upcoming land sale of bayc metaverse gather momentum

$APE Going Bananas As Rumors of Upcoming Land Sale of BAYC Metaverse Gather Momentum

April 21, 2022
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
CoinNewsDaily
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining
No Result
View All Result
CoinNewsDaily
No Result
View All Result
Home Business

Hackers Behind Zaif Crypto Exchange Theft May Have Been Exposed

coinnewsdaily by coinnewsdaily
November 5, 2018
in Business
0
Hackers Behind Zaif Crypto Exchange Theft May Have Been Exposed
190
SHARES
1.5k
VIEWS
Share on FacebookShare on Twitter

Cybersecurity experts at Japan Digital Design, a subsidiary of Mitsubishi UFJ Financial Group (MUFG), say they’ve found possibly revealing information on the bad actors behind the $60 million hack of Japanese crypto exchange Zaif.

The company announced in a press release Monday, that it has been investigating the outflow of funds from Zaif since soon after the hack, in association with Takayuki Sugiura at information-security consultancy L Plus and security experts from a “capture the flag” cybersecurity team called TokyoWesterns.

Once some of the stolen funds, in the monacoin cryptocurrency, started being moved late last month, Japan Digital Design said it was able to identify the “source” of the attackers.

The team added that it has shared this information with the authorities, saying: “Since the Monacoin began moving from October 20, we estimated the source of 5 transactions in question and provided information to the authorities concerning the characteristics of the transaction originator.”

While there are few specific details provided and it is also unclear how accurate the data collected is, the release further states (via online translation):

“In the investigation of the leaked virtual currency, remittance route has been analyzed through static analysis of the block chain, but with this effort, by deploying the virtual currency node on a large scale after the outflow of the virtual currency, we verified whether we can obtain clues such as source IP address etc. We also got useful data to grasp the accuracy of the information and the cost of tracking.”

Zaif, a licensed crypto exchange in Japan, was hacked in September, losing cryptocurrency worth around $60 million at the time, including bitcoin, bitcoin cash and monacoin.

Last month, Japanese financial regulator, the Financial Services Authority (FSA), said it was seeking information from Tech Bureau, the operator of Zaif, including why there was a delay in reporting the hack.

Tech Bureau also revealed in October a plan to compensate users who lost funds in the attack – a move that saw it sign an agreement to transfer the Zaif exchange business to publicly listed investment firm Fisco.

Japan reportedly lost $540 million to crypto hacks in the first six months of 2018, according to the data from National Police Agency (NPA).

Tokyo image via Shutterstock

The leader in blockchain news, CoinDesk is a media outlet that strives for the highest journalistic standards and abides by a strict set of editorial policies. CoinDesk is an independent operating subsidiary of Digital Currency Group, which invests in cryptocurrencies and blockchain startups.

Credit: Source link

Related articles

ygg sea surpasses 10,000 scholarships in just six months of launch

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
Share76Tweet48
Previous Post

SEC Official Says ‘Plain English’ Guidance On ICOs Is Coming

Next Post

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, November 5

coinnewsdaily

coinnewsdaily

CoinNewsDaily.com is an online Crypto Coin News Website that aims to provide latest trendy news from market and around the world.

Related Posts

ygg sea surpasses 10,000 scholarships in just six months of launch
Alt Coin

YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch

May 6, 2022
5 projects enabling smart contract development on bitcoin
Alt Coin

5 Projects Enabling Smart Contract Development on Bitcoin

April 29, 2022
cross chain services play a crucial role in facilitating continued adoption of defi applications
Alt Coin

Cross-Chain Services Play a Crucial Role in Facilitating Continued Adoption of DeFi Applications

April 26, 2022
justin sun launches usdd, integrating the blockchain world and the real world with the decentralized stablecoin
Alt Coin

Justin Sun Launches USDD, Integrating the Blockchain World and the Real World with the Decentralized Stablecoin

April 25, 2022
what are wrapped tokens?
Bitcoin

What Are Wrapped Tokens?

April 23, 2022
what is the future of ethereum (eth)?
Alt Coin

What is the future of Ethereum (ETH)?

April 22, 2022
Load More
Next Post
Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, November 5

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, November 5

Categories

  • Alt Coin
  • Bitcoin
  • Business
  • Ethereum
  • ICO
  • Litecoin
  • Mining
  • NFT
  • Ripple
  • Tech
  • Trading

What New here?

  • YGG SEA Surpasses 10,000 Scholarships in Just Six Months of Launch
  • Mintable Launches Industry Changing Gas Free Minting Service on Ethereum
  • 5 Projects Enabling Smart Contract Development on Bitcoin

Subscribe to Get More!

Loading
  • About Us
  • Contact Us
  • Privacy & Policy

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

No Result
View All Result
  • Home
  • Coin Market Cap
  • Bitcoin
  • Ethereum
  • Ripple
  • Litecoin
  • Alt Coin
  • Business
  • Trading
  • Mining

© 2018-2021 CoinNewsDaily.com by CoinNewsDaily Inc. Crafted with Love by iFtiDev

  • bitcoinBitcoin(BTC)$19,157.47-0.07%
  • ethereumEthereum(ETH)$1,064.872.08%
  • tetherTether(USDT)$1.00-0.08%
  • binancecoinBNB(BNB)$218.641.32%
  • cardanoCardano(ADA)$0.4501040.85%
  • rippleXRP(XRP)$0.3137110.20%
  • SolanaSolana(SOL)$32.921.42%
  • dogecoinDogecoin(DOGE)$0.066202-0.82%
  • polkadotPolkadot(DOT)$6.720.28%
  • daiDai(DAI)$1.00-0.03%
  • Shiba InuShiba Inu(SHIB)$0.0000100.05%
  • tronTRON(TRX)$0.063512-2.41%
  • leo-tokenLEO Token(LEO)$5.74-0.05%
  • matic-networkPolygon(MATIC)$0.4808493.87%
  • litecoinLitecoin(LTC)$50.17-1.36%
  • FTXFTX(FTT)$24.06-1.22%
  • OKBOKB(OKB)$12.210.95%
  • chainlinkChainlink(LINK)$6.110.05%
  • CronosCronos(CRO)$0.1123861.04%
  • stellarStellar(XLM)$0.1078520.85%
  • cosmosCosmos Hub(ATOM)$7.97-0.48%
  • algorandAlgorand(ALGO)$0.3051400.37%
  • moneroMonero(XMR)$116.16-1.12%
  • ethereum-classicEthereum Classic(ETC)$14.681.20%
  • bitcoin-cashBitcoin Cash(BCH)$103.591.97%
  • vechainVeChain(VET)$0.0221880.45%
  • tezosTezos(XTZ)$1.440.63%
  • Internet ComputerInternet Computer(ICP)$5.21-0.46%
  • filecoinFilecoin(FIL)$5.26-0.26%
  • theta-tokenTheta Network(THETA)$1.171.81%
  • ElrondElrond(EGLD)$50.060.96%
  • bitcoin-cash-svBitcoin SV(BSV)$52.701.25%
  • eosEOS(EOS)$0.932.37%
  • paxos-standardPax Dollar(USDP)$1.010.37%
  • makerMaker(MKR)$897.961.06%
  • AaveAave(AAVE)$56.510.68%
  • iotaIOTA(MIOTA)$0.2677181.63%
  • zcashZcash(ZEC)$53.451.76%
  • huobi-tokenHuobi(HT)$4.340.56%
  • basic-attention-tokenBasic Attention(BAT)$0.400356-1.85%
  • havvenSynthetix Network(SNX)$2.6314.69%
  • neoNEO(NEO)$8.180.51%
  • zilliqaZilliqa(ZIL)$0.038578-0.21%
  • wavesWaves(WAVES)$5.120.17%
  • dashDash(DASH)$42.292.30%
  • PancakeSwapPancakeSwap(CAKE)$3.093.34%
  • KusamaKusama(KSM)$48.330.16%
  • nemNEM(XEM)$0.04372013.96%
  • Elrond ERDElrond ERD(ERD)$0.0259290.00%
  • ethlendAave [OLD](LEND)$4.103.48%
  • CompoundCompound(COMP)$47.011.44%
  • qtumQtum(QTUM)$2.781.18%
  • bitcoin-goldBitcoin Gold(BTG)$15.592.25%
  • omisegoOMG Network(OMG)$1.790.48%
  • golemGolem(GLM)$0.224369-0.71%
  • ontologyOntology(ONT)$0.2355580.67%
  • SushiSushi(SUSHI)$0.960.34%
  • yearn-financeyearn.finance(YFI)$5,741.067.56%
  • umaUMA(UMA)$2.510.96%
  • digibyteDigiByte(DGB)$0.0091550.36%
  • UniswapUniswap(UNI)$2.4438.80%
Posting....