Half a Billion Dollars Stolen from Cryptocurrency Exchange
Return To ArticleCoincheck, a Tokyo-based cryptocurrency exchange, has suffered what appears to be the biggest hack in the history of cryptocurrencies, losing $532 million in digital assets (nearly $420 million in NEM tokens and $112 in Ripples).
In 2014, Mt Gox, one of the largest bitcoin exchange at that time, filed for bankruptcy after admitting it had lost $450 million worth of Bitcoins.
Apparently, the cryptocurrency markets reacted negatively to the news, which resulted in 5% drop in Bitcoin price early this morning.
