An Interest In:
Web News this Week
- April 25, 2024
- April 24, 2024
- April 23, 2024
- April 22, 2024
- April 21, 2024
- April 20, 2024
- April 19, 2024
Some of Our Sources
- Joshua Blankenship
- Spoon Graphics
- Smashing Apps
- TutsPlus - Design
- Fuel Your Creativity
- Crazy Leaf Design
- My Ink Blog
- CSS Globe
- The Verge
- TechPowerUp
Help Webnuz
Referal links:
January 27, 2018 12:00 am
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/cio-tsbaQhs/500-million-worth-of-cryptocurrency-stolen-from-japanese-exchange
$500 Million Worth of Cryptocurrency Stolen From Japanese Exchange
Locke2005 shares a report from CNBC: Hackers stole several hundred million dollars' worth of a lesser-known cryptocurrency from a major Japanese exchange Friday. Coincheck said that around 523 million of the exchange's NEM coins were sent to another account around 3 a.m. local time (1 p.m. ET Thursday), according to a Google translate of a Japanese transcript of the Friday press conference from Logmi. The exchange has about 6 percent of yen-bitcoin trading, ranking fourth by market share on CryptoCompare. The stolen NEM coins were worth about 58 billion yen at the time of detection, or roughly $534.8 million, according to the exchange. Coincheck subsequently restricted withdrawals of all currencies, including yen, and trading of cryptocurrencies other than bitcoin. Locke2005 adds, "That, my friends, is the prime reason why speculating in cryptocurrency is a bad idea!"Read more of this story at Slashdot.
Original Link: http://rss.slashdot.org/~r/Slashdot/slashdot/~3/cio-tsbaQhs/500-million-worth-of-cryptocurrency-stolen-from-japanese-exchange
Share this article:
Tweet
View Full Article
Slashdot
Slashdot was originally created in September of 1997 by Rob "CmdrTaco" Malda. Today it is owned by Geeknet, Inc..More About this Source Visit Slashdot