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Coincheck, a Japanese cryptocurrency wallet and exchange service, confirmed in a release that over $500 million worth of digital cryptocurrency, NEM tokens has been stolen, in the world's biggest crypto hack. As per the reports by Bloomberg, which attended the conference in Tokyo, Chuo Ward, Shingo Katsukutani, Coincheck Inc said that the coins were sent "illicitly" outside the venue. Co-founder Yusuke Otsuka said the company didn’t know how the 500 million tokens went missing, and the firm is working to ensure the safety of all client assets. Otsuka said that they know where the coins were sent and if they continue the tracing, it may be possible to recover them. This hack is the largest in terms of worth stolen since the digital cryptocurrency, Bitcoin was launched in 2009. Wha...

South Korea’s spy agency said North Korean hackers were behind attacks on cryptocurrency exchanges this year in which some 7.6 billion won ($6.99 million) worth of cryptocurrencies were stolen, a newspaper reported on Saturday. The cyber attacks attributed to North Korean hackers also included the leaking of personal information from 36,000 accounts from the world’s busiest cryptocurrency exchange Bitthumb in June, South Korea’s Chosun Ilbo reported, citing the country’s National Intelligence Service (NIS). Attacks also included the theft of cryptocurrencies from accounts at exchanges Yapizon, now called Youbit, and Coinis in April and September, it said. The 7.6 billion won of stolen cryptocurrencies are now worth about 90 billion won ($82.7 million), Chosun Ilbo reported. It al...

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Largest Cryptocurrency Hack Ever, Over $500M Worth of Cryptocurrency Hacked

North Korean Hackers Behind Attacks On Cryptocurrency Exchanges, South Korean Newspaper Reports