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ID:

coincheck-786

Date:

Status:

Incident Count:

January 26, 2018

Verified

1

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REKT

Contributor:

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zerofriction.io

KYC By:

KYC:

None

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Audit By:

Audits:

None

Loss Amount:

400,000,000

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Recovered:

-

Rewards:

Currency:

USD, NEM

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Key Indicators

Platform:

Type:

Category:

Method:

Data Sources:

Coincheck

Exchange

Assets

Key Management

Extended Method:

Private key leak, hot wallet, Lazarus hacking group

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Days in Operation:

3696

(10.13 Years)

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A Japanese cryptocurrency exchange has claimed it lost more than $400 million in tokens following an alleged hack on its service. Unidentified assailants stole 523 million NEM coins (about $400 million) from the exchange's hot wallet. According to Coincheck, NEM coins are kept on a single-signature hot wallet instead of a more secure multi-signature wallet, and the stolen coins are confirmed to be Coincheck customers.

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