$523M Scam: How a bunch of hackers took down Tokyo crypto exchange?
On January 26, 2018, hackers infiltrated Coincheck, a Tokyo-based cryptocurrency exchange, stealing $523 million in NEM tokens. The attack began at 2:57 a.m., exploiting malware on an employee’s computer. Shockingly, the entire fortune sat in a “hot wallet” a digital vault connected to the internet. Cybersecurity experts later called this a reckless oversight. Following this, Coincheck froze deposits, sparking panic … Continue reading $523M Scam: How a bunch of hackers took down Tokyo crypto exchange?
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