Coincheck Was Hacked

Posted on 01/29/2018

On January 26, 2018 at 2:57 AM Tokyo time, Coincheck Inc., a Japanese cryptocurrency exchange, was hacked. Coincheck informed the public that its NEM coins were stored in a “hot wallet” versus a “cold wallet”, referring to a digital wallet outside of the internet. Coincheck also commented they would return roughly US$ 425 million worth […]