Cryptocurrencies Coincheck Hack $500m Boost for XEM as Exchange Begins Payout
Suspicious communications between the computers of Tokyo-based cryptocurrency exchange Coincheck and unidentified servers outside Japan began weeks before the January 26 theft of 58 billion yen ($542 million) of the cryptocurrency NEM, a new finding suggests, a person close to the police investigation said.
"Once again, we would like to apologize for the inconveniences that the illicit transfer of NEM from out platform and the resulting suspension in services has caused our customers and anyone else affected by this incident".
In a blog post published today, the exchange said that it would refund victims 88 JPY, equivalent to $0.83 Dollars that would be multiplied by the number of NEM tokens they held at just before midnight, Japan time, on the 26th of January 2018.
In addition, Coincheck also announced today that it is restarting withdrawals, as well as trading of several cryptocurrencies, including ETH, ETC, XRP, LTC, BCH and BTC.
Japan's Financial Services Agency (FSA) has told seven cryptocurrency exchanges to improve internal controls, ordering two of them to cease business operations for a month.
Laine, Marchand and Malkin named NHL's three stars of the week
Only three players achieved the feat in fewer games: Wayne Gretzky (718), Mario Lemieux (719) and Brett Hull (900). He's just the 20th player to reach the milestone, and he's the only current NHLer with 600 goals on his résumé.
Warning over 'DEADLY' ingredient in Brit Chinese takeaways
Of the 141 ready meals analysed, 43% were high in salt , meaning they would typically carry a red notification label on the pack. Health campaigners have called for salt warnings to be compulsory for Chinese takeaways and ready meals .
Ensco Plc (ESV) Shares Sold by M&T Bank Corp
It increased, as 84 investors sold BBBY shares while 103 reduced holdings. 39 funds opened positions while 113 raised stakes. John Orrico decreased its stake in Ensco Plc ( ESV ) by 32.03% based on its latest 2017Q3 regulatory filing with the SEC.
The report also states that the hackers were then able to get access to the private keys of a large number of customer accounts as Coincheck has not installed proper tools before the theft which could detect any sort of communication between itself and the external servers.
Local news outlet the Nikkei Asian Review wrote today, March 12, that virus-infected emails were sent to several members of Coincheck staff weeks before the attack, perhaps opening the employee email system to allow the hackers to steal the private key.
In the after theft drill, some of the NEM tokens traced to a Japanese NEM exchange Zaif as well as to a Canadian cryptocurrency exchange.
The perceived lack of security measures also sparked the FSA's probe into the company's system.
Recommended News
-
13 March 2018End of an era: Fashion designer Givenchy passes away
Givenchy's nephew, James de Givenchy, is a jewlery designer and founder of the family-named Taffin jewelers. He may be gone, but Givenchy's legacy will truly live on.Authorities evacuate Solano College campuses due to bomb threat
Sheriff's K-9 teams have rendered all three campuses of Solano Community College safe Monday evening, sheriff's officials said. Two calls came in regarding a non-specific bomb threat for all three campuses (Fairfield, Vacaville, and Vallejo).
13 March 2018Suspicious package probed at United Kingdom parliament
A member of staff in Mr Yasin's office confirmed they had received a package, but it was not opened by the MP himself. This is further to the two items investigated yesterday. -
13 March 2018Last-Minute Court Interdict Blocks IPP Signing
NUMSA said the signing of these contracts "would be detrimental for the working class of Mpumalanga and the country as a whole". Energy Minister Jeff Radebe was originally due to sign the contracts with independent power producers on Tuesday.Today's Brokerage Rating: Starbucks Corporation (SBUX), American Eagle Outfitters, Inc. (AEO)
American Eagle Outfitters, Inc.'s insider ownership stands at 0.1 percent, while its insider transaction is -7.42 percent. During the past three months the stock gain 18.42%, however six months performance of the stock remained at 56.57%.
13 March 2018Man United lead race to sign quality 29-year-old striker
To say that Karim Benzema has struggled this season for Real Madrid would be an absolute understatement. He also scored his 100th Bundesliga goal for Bayern in the process. -
Oil prices fall on relentless rise in US crude output
West Texas Intermediate, the USA benchmark for the price of oil, was down 0.6 percent to $61.67 per barrel. Benchmark 10-year notes last rose 2/32 in price to yield 2.8865 percent, from 2.894 percent on Friday.
13 March 2018WWE Raw results: Braun Strowman going to WrestleMania; Roman Reigns suspended
The Wrestling Observer Newsletter claimed there was a chance he would not even wrestle at the Show of Shows . Despite being one of the hottest Superstars in WWE , Strowman has become a WrestleMania orphan of sorts.
13 March 2018OH babysitter accused of beating 3-year-old girl to near death
He just dropped her off and all of a sudden she just passed out", Partin said. "She is an active member of her church". The child was taken to the hospital, where she is hanging on by a thread, Butler County Sheriff Richard K. -
13 March 2018Katy Perry Surprises 'American Idol' Contestant with First Kiss
Trevor sang Brett Young's "In Case You Didn't Know", changing the lyrics to "In case you didn't know/Katy, I'm insane 'bout you". More than 12 hours after arriving at auditions, she met Lionel Richie , Katy Perry and Luke Bryan face to face.
13 March 2018Thousands of Ethiopians flee country after army kills nine civilians
The asylum seekers, majority of them being women and children, began streaming into Kenya on Saturday night, KRCS said. Ethiopia has been experiencing anti-government protests since 2016, mostly in the Oromia and Amhara region.Morgan Stanley (MS) Receives Media Sentiment Score of 0.33
Wealthfront Inc holds 0.06% of its portfolio in Morgan Stanley (NYSE:MS) for 87,226 shares. 539,887 were accumulated by Natixis. Societe Generale lowered shares of Morgan Stanley from a "buy" rating to a "hold" rating in a report on Tuesday, January 9th.
