Hackers Stole $400 Million From Cryptocurrency Exchange Coincheck

Cryptocurrencies are getting more valued each day.

Japanese cryptocurrency exchangeCoinchecksaid it has restricted deposits and withdrawals for NEM cryptocurrency.

After the incidence, the company has suspended most trading and withdrawals from its exchange.

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Right now the company is working to find out the trace where the missing currency ended up.

The exchange said that they were planning to consider compensating those who lost money in atweet.

According to the reports fromThe Verge, the recent heist seems to be larger than the Mt.

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Gox hack in 2014, in which thieves made off with $400 million in bitcoin.

So, what do you think about this?

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