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+--- Thread: Coincheck Confirms Crypto Hack Loss Larger than Mt Gox (/showthread.php?tid=5790543)
Coincheck Confirms Crypto Hack Loss Larger than Mt Gox - nikhil273 - Jan 26, 2018
This morning, the Japanese crypto exchange platform Coincheck was hacked and had 526 million XEM (c. USD 400 m) stolen.
It has nothing to do with NEM - there is no issue with the tech, and according to them, the blame lies exclusively with Coincheck:
“As far as NEM is concerned, tech is intact. We are not forking. Also, we would advise all exchanges to make use of our multi-signature smart contract which is among the best in the landscape. Coincheck didn't use them and that's why they could have been hacked. They were very relaxed with their security measures," Lon Wong, President of the NEM.io Foundation, told Cryptonews.com.
"This is the biggest theft in the history of the world," he added.
https://cryptonews.com/news/coincheck-hacked-more-than-500-million-xem-stolen-1093.htm
https://twitter.com/iamjosephyoung/status/956808524301983744
Coincheck Confirms Crypto Hack Loss Larger than Mt Gox
RE: Coincheck Hacked (not confirmed yet) - AmericraftGaming - Jan 26, 2018
Well until the coins move its FUD.
RE: Coincheck Hacked (not confirmed yet) - glitchgxd - Jan 26, 2018
It’s confirmed-
https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-wallet
RE: Coincheck Hacked (not confirmed yet) - nikhil273 - Jan 26, 2018
(Jan 26, 2018 09:05 AM)glitchgxd Wrote: It’s confirmed-
https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-wallet
yup i wonder how big the impact will be
Coincheck Confirms Crypto Hack Loss Larger than Mt Gox