Japan: Coincheck Exchange Freezes All Withdrawals As Up To $723 Mln Leaves Its Wallet

in news •  7 years ago 

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."

Japanese cryptocurrency exchange Coincheck has suspended all withdrawals as a Ripple payment worth $123mln left its wallet Friday, Jan. 26.

In what appears to be a problem tied to its support of altcoin NEM, Coincheck, which is among Japan’s largest exchanges, suddenly froze NEM deposits Friday.
Depositing NEM on Coincheck is currently being restricted. Deposits made to your account will not be reflected in your balance, and we advise all users to refrain from making deposits until the restriction has been lifted.”
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source :https://cointelegraph.com/news/japan-coincheck-exchange-freezes-all-withdrawals-as-up-to-723-mln-leaves-its-wallet

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