Bitpoint Crypto Exchange Discontinues Service as Hackers Abscond with $32 Million in XRP, Bitcoin

Bitpoint has just issued a notice and apology to its customers after the Japan-based cryptocurrency exchange lost $32 million to a hack. The security breach occurred on July 11, 2019, where five different cryptocurrencies were stolen from the exchange’s hot wallet. As a result of the theft, Bitpoint has completely suspended its services.
Another Hack, One Too Many 
Recently, Bitpoint announced that it had detected a security breach on its platform on the night of June 11, 2019. The attack led to the loss of five cryptocurrencies. The hackers were reported to

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