Japan crypto exchange’s $400mn NEM token loss spooks investors
Bloomberg 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. After hours of speculation, Coincheck Inc. said the coins were sent “illicitly†outside the venue. Co-founder Yusuke Otsuka said the company didn’t know how ...
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