Zaif Revises Hacking Damage Amount to $ 62 million

Crypto Network ASIA
Crypto Network ASIA
1 min readSep 26, 2018

The cryptocurrency exchange Zaif, operated by Tech Bureau Inc., reported that the amount of damage caused by hackings was $ 2.7 million more than what was announced on the 20th, with a total loss of $ 62 million.

It appears that this revision was carried out after the damage amount of Monacoin and Bitcoin Cash, which were initially unknown, had been calculated.

$ 6 million worth of Monacoin was stolen in this hacking, while $ 18.6 million worth of Bitcoin Cash was stolen.

The fact that the total loss of Bitcoin is about $ 37.6 million and that $ 40 million of the $ 62 million that was lost was customer assets, remains unchanged.

The breakdown of damage of customer assets is disclosed as follows: Bitcoin (BTC) 2723.4, Bitcoin Cash (BCH) 40,360.0, Monacoin (MONA) 5,911,859.3.

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Crypto Network ASIA
Crypto Network ASIA

A Community for Journalists, Entrepreneur, Startups Around the World to Understand Blockchain in Asia. http://t.me/cn_asia