Japanese cryptocurrency exchange Coincheck lost $534.8 million (58 billion yen) worth of NEM coins to hackers last Friday. To that effect, DataTrek Research has said the attack shows cryptocurrencies are still prone to hacks.
The company said the coins, which was on a “hot” (online) wallet, were diverting to another account. They said they would be refunding 260,000 affected users a total of $425 million.
Read more here: DataTrek says cryptocurrencies
