CoinCheck’s $530 Million Cryptocurrency Hack Was Inevitable

CoinCheck’s $530 Million Cryptocurrency Hack Was Inevitable

The post CoinCheck’s $530 Million Cryptocurrency Hack Was Inevitable appeared first on CCN

Yesterday, on January 26, CoinCheck executives officially stated in a press conference that $530 million worth of XEM, the native cryptocurrency of the NEM network, was stolen by an unknown group of hackers. Poor Security Measures During the press conference, CoinCheck executives revealed several details about the hack and specifically the infrastructure of the CoinCheck

The post CoinCheck’s $530 Million Cryptocurrency Hack Was Inevitable appeared first on CCN

Joseph Young