Coincheck Says It Lost Crypto Coins Valued at About $400 Million

www.bloomberg.com

The disclosure that one of Japan’s biggest cryptocurrency exchanges lost about $400 million in NEM tokens is spooking investors in a country still wary of such venues four years after the collapse of Mt. Gox. 

Meanwhile, the price of Bitcoin and NEM didn't seem to move a whole lot. "Being your own bank", one step of which is moving coins off an exchange is harder than it seems for most people.

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