Stolen $534 Mln NEM Were Stored On Low Security Hot Wallet :Coincheck

in #hack • 7 years ago (edited)

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Japanese cryptocurrency exchange Coincheck, one of the largest in the country, was the victim of a massive hack resulting in a loss of 523 mln NEM coins, worth approximately $534 mln.

The coins were stolen via several unauthorized transactions from a hot wallet at 3:00 am local time on Friday, Jan. 26.

Following the hack, the Coincheck exchange has hosted a press conference to provide the details of what has happened and what’s coming next.
(source : coinelegraph.com)

#security #cryptocurrency #wallet #nem
7 years ago in #hack by
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