January 27, 2018

$500mn crypto heist: Japanese exchange Coincheck halts trade, ‘deeply sorry’ for users’ loss

The Japanese cryptocurrency exchange Coincheck has suspended trading and withdrawals, saying it “deeply regrets” the loss of tokens worth some $500 million in what appears to be the biggest crypto heist in history.

Coincheck confirmed late Friday that the unknown hackers might have stolen some 500 million NEM tokens (worth up to ¥58 billion or around $532 million at the time of the incident), which makes it the biggest ever theft from a cryptocurrency exchange. Read more.


- Japanese cryptocurrencies exchange abruptly halts withdrawals - FT

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