Through mean presently unknown , approximately 500 million NEM tokens were exfiltrated from pass Japanese cryptocurrency exchange Coincheck , valued at approximately $ 400 million . Bloombergreportsthat , apart from Bitcoin , all trading on the platform has been suspend .
To give a sense of scale , all the money lose or stolen in initial coin offering is estimated to be worth around$400 million . When the Mt. Gox exchange give in other 2014 , nearly cratering Bitcoin along with it , the value of the 750,000 steal bitcoins was in redundant of$424 millionat the prison term Mt. Gox cratered . ( Today , those same coin are worth more than $ 8.3 billion . ) Although there ’s considerably more money wrapped up the crypto space than four year ago , Coincheck ’s melt NEM deed still ranks among the bad breaches .
Japan ’s Financial Services Agency is uphold to investigate the situation .
[ Bloomberg ]
Cryptocurrency
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