$500mn crypto heist: Coincheck hack victims promised compensation

A Japanese exchange is to begin compensating customers who had their cryptocurrency stolen in a heist worth hundreds of millions of dollars. Coincheck announced that it would reimburse all 260,000 users affected. READ MORE: Greek top court paves way for US extradition of Russian bitcoin fraud suspect Hackers entered its systems and plundered $ 500million […]

Coincheck loses $400 million in massive cryptocurrency heist

Tokyo-based cryptocurrency exchange Coincheck just made history, and not in a good way. It has lost around $ 534 million worth of NEM tokens, one of the lesser-known cryptocurrencies, after its network was hacked on January 25th, 12:57pm EST. The attackers remained undetected for eight hours, giving them enough time to steal 523 million tokens […]