Loading ...Following the biggest cybertheft in history – $534 million from Japan’s Coincheck – cryptocurrencies are soaring back higher after the exchange confirmed that it will issue full refunds to all of the 260,000 of its users who have become victims of the Friday NEM hack.
As a reminder, the Coincheck exchange was hacked Friday, Jan. 26, resulting in a massive loss of 523 mln NEM coins, worth approximately $534 mln at that time. During a press release following the hack it has been revealed by the exchange’s representatives that the funds were stored on a single-signature hot wallet, constituting a relatively low-security environment.
https://www.zerohedge.com/news/2018-01-28/cryptos-bounce-back-after-biggest-cybertheft-history
Notice the way between Friday evening, Cyrpto’s rally’d from minus 5 % to plus 15 % by Sunday….that just stinks of rigging…