Wednesday, February 21, 2018
Submit your own News for
inclusion in our Site.
Click here...
Breaking News
Say Hello to Google Pay
"Fox Nation" Streaming Service To Debut in 4Q
Hatch Entertainment to Use Qualcomm Centriq 2400 Processors For Cloud Gaming Service
Qualcomm Sweetens Offer for NXP
KT, Qualcomm and Samsung Achieve Multi-vendor 5G NR Interoperability on Path to Mobile 5G NR Trials
Sony to Build Taxi-hailing System
Samsung to Cut OLED Panel Production as iPhone X Demand Slows: report
Samsung Electronics Begins Mass Production of 30.72TB SSD
Active Discussions
Which of these DVD media are the best, most durable?
How to back up a PS2 DL game
Copy a protected DVD?
roxio issues with xp pro
Help make DVDInfoPro better with dvdinfomantis!!!
menu making
Optiarc AD-7260S review
cdrw trouble
 Home > News > General Computing > Hackers...
Last 7 Days News : SU MO TU WE TH FR SA All News

Saturday, January 27, 2018
Hackers Steal $534 million From Tokyo's Coincheck Virtual Bank

Hackers have attacked computers owned by Tokyo-based Coincheck Inc. to drain the equivalent of 58 billion yen ($532 million) in digital currency called NEM.

Koichiro Wada, the company president, announced the theft at a news conference held late Friday. He apologized for the suspension of services, adding that the company was looking into how to compensate customers for their losses. Later, Coincheck said it would use its own capital to reimburse customers who lost money. The company will repay all 260,000 users impacted by the theft of NEM coins, at a rate of 88.549 yen (81 U.S. cents) for each coin.

As The Asahi Shimbun reports, the company officials are still looking into the cause and the ramifications of the virtual heist.

The loss would be the biggest to affect a bitcoin exchange, exceeding the 46.5 billion yen that went missing from Mt. Gox, a now defunct virtual currency exchange.

Normally, digital currency exchange operators store valuable data in computers that are securely sealed off from Internet access. However, Coincheck officials admitted the company had not taken this security step with regard to the NEM virtual currency because it lacked the technological skills and personnel.

Chinese Blogger to Pay $31,000 Fine for Inaccurate Post        All News        TSMC Breaks Ground on 5nm Fab 18 in Southern Taiwan Science Park
Chinese Blogger to Pay $31,000 Fine for Inaccurate Post     General Computing News      TSMC Breaks Ground on 5nm Fab 18 in Southern Taiwan Science Park

Get RSS feed Easy Print E-Mail this Message

Related News
U.S. and UK Government Websites Carried Crypto-mining Malware: report
Bitcoin Drops to $10,000 After Facebook Ad Ban
New Metronome Cryptocurrency to Work on Multiple Blockchains
Millions of PCs Are Being Used for Stealthy Cryptocurrency Mining
U.S. to Auction $1.6 million of Bitcoin
Bitfinex Exchange Customers to Get Haircut
Bitcoin Worth $72 Million Stolen from Bitfinex
Microsoft Store No Longer Accepts Bitcoin
Reports Claim Bitcoin Founder Found In Australia
Bitstamp Stops Service Following A Hack
BitPay and PayPal Announce Bitcoin Integration
DISH To Start Accepting Bitcoin

Most Popular News
Home | News | All News | Reviews | Articles | Guides | Download | Expert Area | Forum | Site Info
Site best viewed at 1024x768+ - CDRINFO.COM 1998-2018 - All rights reserved -
Privacy policy - Contact Us .