Coincheck halts Crypto Services

Coincheck halts Crypto Services

The Coincheck, cryptocurrency exchange in Tokyo has revealed that it has suffered a loss of 58 billion yen. It seemed to have been hit by the ‘biggest hack’ that absorbed approximately $533 million. The president and chief operating officer of the exchange addressed a press conference and emphasized that 500 million NEM tokens were extracted from the Coincheck wallets. The exchange has halted all XEM cryptocurrency transactions and few other services.

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