Coincheck Says It Lost $400m worth of NEO

One of Japan’s biggest cryptocurrency exchanges said that about $400 million in NEM tokens were lost after the coins were sent “illicitly” outside the company. This is the largest theft in the history of crypto. To their credit, the company is fully refunding every customer who was affected. This incident demonstrates the fact that the industry still has a ways to go in critical and fundamental areas like security, but also that professional-grade players are in the market who are prepared to earn their customers' trust. 


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