Living Fossil discovered

Rediscovered Hula painted frog 'is a living fossil'

By Rebecca Morelle Science reporter, BBC World Service

A species of frog that was recently rediscovered after being declared extinct has been reclassified as a "living fossil" .Israel's Hula painted frog had not been seen for nearly 60 years, but in 2011 one was found lurking in a patch of swampy undergrowth. Tests have revealed that the frog belongs to a group of amphibians that died out 15,000 years ago.

Read rest see pic here :http://www.bbc.co.uk/news/science-environment-22770959

Every time something like this is discovered  it raises hopes for cryptozoology. A cryptid may be the next living fossil discovered.