Coincheck, Japan cryptocurrency exchange lost $400 million after hackers attack
Do Son Coincheck, one of Japan’s largest cryptocurrencies, has just suffered a serious hacking incident and caused as much as $400 million in damages to users.ย Bloomberg reported that the company provided users with NEM access services, but 500 million NEM coins were illegally transferred during the incident.ย Currently, Coincheck has suspended most transactions and withdrawals in an effort to trace the final location of the lost cryptocurrency.
ใณใคใณใใงใใฏไผ่ฆๅ ดใงใฎ่ชฌๆใใไธๆญฃ้้ใฏ๏ผ๏ผ๏ผๅๅใจ็บ่กจใ่ฃๅใซ้ขใใฆใฏ็พๅจๆค่จไธญใใๅฎขๆงใซใงใใ้ใใ่ฟทๆใใใใชใใใใซๅฏพๅฟใใฆใใใใใ
— ๆฅ็ตใดใงใชใฟใน (@nikkei_veritas) January 26, 2018
NEM is a digital currency similar to Bitcoins, Ethereum, Litecoin, etc., which is currently eighth in value terms.
TechCrunchย describes the currency as a โdistributed ledger platform primarily aimed at enabling payments and other financial services.โ
The black Coincheck is reminiscent of the 2014 Mt Gox stolen incident of the same magnitude.ย At that time the platform was stolen worth about 400 million US dollars in bitcoin, and directly led to the Japanese encrypted currency exchange submitted a bankruptcy petition.
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