A Japanese cryptocurrency operator revealed on Thursday that hackers had accessed its systems last week and stole about 6 billion yen ($60 million).
Tech Bureau Corp said in a statement that the unauthorised breach from abroad took place for two hours on September 14 but it was only detected on Monday and the damage was not discovered until Tuesday, reports Efe news.
67 per cent of what was stolen were assets of the firm's clients, while the rest were funds of a cryptocurrency exchange company integrated with Tech Bureau Corp, Zaif.
The theft affected three cryptocurrencies, but 89 per cent was in bitcoins (BTC) and the rest in the virtual currencies MonaCoin (MONA) and Bitcoin Cash (BCH), in amounts not yet accurately calculated, since the investigation is still underway.
The company said that the server is being thoroughly reviewed to prevent further damage, adding that it has requested financial assistance from one of its subsidiaries to cover the damage caused.
The damage suffered by this firm is less than a similar incident in January, when the Japanese operator Coincheck said its system was hacked and some $534 million were stolen.
These incidents forced the Japanese authorities to tighten controls on the cryptocurrency markets.
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors


Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share


Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor


Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements


Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app
)