Crypto Industry Matures as Bitcoin Exchange Reopens After $60 Million Hack

Zaif, a Japanese crypto exchange that was hacked in September 2018, is preparing to resume its operations in Japan according to the official document released by the exchange. The document released by Zaif on April 19 stated that all users affected by the hack will be compensated fully. The company said that users have the right to seek the return of the crypto assets deposited with the exchange that was lost during the security breach. About $60 million worth of bitcoin, bitcoin cash, and monacoin were lost during the hack. Taking Responsibility For the Hack and User Funds is Good

The post Crypto Industry Matures as Bitcoin Exchange Reopens After $60 Million Hack appeared first on CCN

source https://www.ccn.com/crypto-bitcoin-exchange-reopens-60m-hack-is-good-for-the-industry

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