On a Friday morning in late January, the users of Coincheck, a Japan-based cryptocurrency exchange, logged in to find their wallets empty of NEM tokens, a cryptocurrency specialized for payments and other financial services. But this wasn’t a temporary server outage, a common problem most exchanges have been grappling with since cryptocurrencies went on a crazy price surge in 2017. Earlier that day, hackers had allegedly compromised Coincheck’s servers and stolen 500 million NEMs (worth $400 million at the time the incident happened), the cryptocurrency equivalent of robbing a bank. Cryptocurrency exchanges—and by extension their users—have been falling victim to…
This story continues at The Next Web
No comments:
Post a Comment