Exchange HACKED, $500,000,000+ of XEM stolen? (Japan) - page 2.

superloy

member

Activity: 126

Merit: 11

#1 ICO on a Global eCommerce Ecosystem! Worldwide

Quote from: derago21 on January 26, 2018, 10:45:17 AM

The wallet of the hacker has been blocked for unloading, But I still feel this to be FUD, so nothing to be worried much.

It's a good thing that the wallet was frozen before the coins is passed into the attacker's external wallet.
Internal wallets are just temporary wallets therefore Cryptocurrency exchange do have still all the rights to freeze or subject to undo any terms of transactions.

Vit83

full member

Activity: 644

Merit: 100

How do you think this can effort on XEM price? How is this possible to block a wallet on a blockchain? Or nem is also not a blockchain like IOTA and XRP)?

ishta123

newbie

Activity: 21

Merit: 0

Always transfer your funds into your personal wallet. I made the mistake of leaving on the exchanges before but not anymore.

nevergone

full member

Activity: 192

Merit: 100

yes, this is a really bad news and maybe the reason that most coins drop today, i heard the exchange will hold a confrence tomorrow, wish to see how will they do to this

superloy

member

Activity: 126

Merit: 11

#1 ICO on a Global eCommerce Ecosystem! Worldwide

That's unfortunate, that's why I never leave my coins into Cryptocurrency Exchange to avoid exchange hacks and attacks.
Those who had been lost their coins I hope they can recover and the Japanese exchange company will have to do something in return with their clients.
That's a lot of money from an easy effort of hacking.

Mc_Moneysack

jr. member

Activity: 154

Merit: 5

This just shows us once again that the only safe way to hold your coins is to not have them on exchanges. I personally only hold coins/tokens that are compatible with Ledger hardware wallets. This simply allows me to sleep well. I am however really sad for all the people who lost their money.

derago21

member

Activity: 350

Merit: 12

Crypto Enthusiast!

The wallet of the hacker has been blocked for unloading, But I still feel this to be FUD, so nothing to be worried much.

AravinthP

jr. member

Activity: 154

Merit: 1

The Next Generation Distributed Smart Network

wow! looks like it could be Sad

i can only ensure my part is tough but if exchange gets hacked not sure what can one say.

Hoping its a techincal glitch not a hack

https://www.bloomberg.com/news/articles/2018-01-26/cryptocurrencies-drop-after-japanese-exchange-halts-withdrawals

DogeMajestic

full member

Activity: 139

Merit: 107

TLDR: Japanese exchange hacked, half a billion dollar worth of funds seem to be stolen

Update Jan. 26, 2:00 pm UTC: NEM Foundation president Lon Wong has appeared to confirm Coincheck was hacked, calling the stolen funds "the biggest theft in the history of the world."

Update Jan. 26, 3:00 pm UTC: Coincheck has reported the likely inappropriate transfer of $532 mln worth of XEM to the Financial Services Authority and the Police, according to Nikkei.

https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-wallet

Shocked

Truly sad news for all Nembers today.

Topic: Exchange HACKED, $500,000,000+ of XEM stolen? (Japan) - page 2. (Read 324 times)