vostok
Well-Known Member
One of Japan's largest digital currency exchanges says it has lost some $534m (£380m)
worth of virtual assets in a hacking attack on its network.
Coincheck froze deposits and withdrawals for all crypto-currencies except Bitcoin
as it assessed its losses in NEM, a lesser-known currency.
It may be unable to reimburse the funds lost on Friday, a representative told Japanese media.
If the theft is confirmed, it will be the largest involving digital currency.
Another Tokyo exchange, MtGox, collapsed in 2014 after admitting that $400m had been stolen from its network.
The stolen Coincheck assets were said to be kept in a "hot wallet"
- a part of the exchange connected to the internet.
That contrasts with a cold wallet, where funds are stored securely offline.
(http://www.bbc.com/news/world-asia-42845505)
