News is coming out of Japan that $520 Million USD worth of the cryptocurrency NEM was stolen from the exchange Coincheck. There were also large movements of Ripple out of the exchange but it seems like it is a precautionary move. Withdraws have been suspended
https://news.bitcoin.com/coincheck-halts-operations-amidst-hacking-rumors-after-723-million-withdrawn/
https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-wallet
https://www.reddit.com/r/nem/comments/7t4wcz/press_briefing_live_with_ceo_of_coincheck/
https://twitter.com/ynakamura56/status/956911227556446208
- ynakamura56
Bloomburg reporter Yuji Nakamura:
Main takeaways from Coincheck press conf:
- only NEM impacted
- plans to continue operating, restart trading
- not clear on plan to repay customers
- no multisigđź’€
- wouldn’t admit security was weak
- not sure how hacked, if domestic or foreign hackers
- CEO barely spoke
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