japanese cryptocurrency exchange loses more than $500 million
coincheck says friday that around 523 million of the exchange's NEM coins were sent to another account around 3 am local time
the stolen coins were worth about 58 billion yen at the time of decection or roughly $534.8 million according to the exchange coincheck management says it held the NEM coins in a hot wallet referring to a method of storage that is linked to the internet
yes they also steal the private keys of the users
Wowwwwwwwww 😯😯😯
....and it’s gone.
why could that happen @malkoo45?
because of hackers