“Biggest Theft In Crypto History:” Over $400M Stolen From Japanese Crypto Exchange

Coincheck itself told financial authorities that it had lost 500 million NEM cryptocurrency coins in today’s cyberheist, which at the current exchange rate amounts to roughly $400 million, according to Nikkei. NEM Foundation president Lon Wong also confirmed Coincheck was hacked, calling the stolen funds “the biggest theft in the history of the world”