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Even though NEM was the targeted currency during the Coincheck hack, it seems the price isn’t budging all that much. Yesterday, it seemed the NEM price would see a massive drop, but the market has recovered quite nicely. As of right now, the NEM price is above $1 once again thanks to a strong 18.82% … Read more
It was, by any reckoning, a huge haul. Between $400 million and $534 million dollars of NEM stolen, depending on whether you go on its value at the time or once the market had reacted to the news. At a press conference on Friday afternoon, the stunned Coincheck team painted forlorn figures as they came … Read more
Coincheck press conference: the company explains $534 mln in NEM were stored on a hot wallet, hackers have stolen private keys. Company expresses regret to customers, plans to try to refund the lost money. #NEWS Go to Source Powered by WPeMatico
One of Japan’s largest cryptocurrency exchanges has halted all withdrawals amidst rumors of a large-scale hack. Ripple worth $123 million was withdrawn from its wallet on Friday January 26. This was followed by a single withdrawal of 500 million NEM, with the altcoin’s foundation president Lon Wong then tweeting “It’s unfortunate that coincheck got hacked. … Read more
The current cryptocurrency market trend has taken a turn for the worse once again. More specifically, we see all other major cryptocurrencies in the red once again. In the case of the NEM price, things are not looking all that great as of right now. In fact, it seems the NEM price is taking a … Read more
Strange behavior at Japanese Coincheck cryptocurrency exchange appears to focus on NEM. #NEWS Go to Source Powered by WPeMatico
The Japanese financial regulator has approved one more cryptocurrency exchange, making it the 16th exchange to be licensed. As competition intensifies, some local exchanges are branching abroad in search for more volume and liquidity. Meanwhile, more merchants are embracing bitcoin. Also read: Russian Regulators Draft Law to Restrict Crypto Mining, Payments, and Token Sales Another Bitcoin … Read more
