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Japanese exchange Coincheck states they will pay back $400+ million NEM stolen

Coincheck Inc. President Koichiro Wada spoke at a press conference Friday in Tokyo. On Sunday, the company said customers holding the cryptocurrency NEM would be paid back following a cyberattack in which some $530 million of the cryptocurrency was lost.PHOTO: TAKUYA INABA/ASSOCIATED PRESS

Digital Asset Bureau

January 27, 2018

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Japanese Exchange Hacked for more than $500 Million in NEM Cryptocurrency

Japanese cryptocurrency exchange Coincheck says Friday that around 523 million of the exchange’s NEM coins were sent to another account around 3 a.m. local time. The stolen coins were worth about 58 billion yen at the time of detection, or roughly $534.8 million, according to the exchange. Coincheck management says it held the NEM coins in […]

Digital Asset Bureau

January 26, 2018

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