Coincheck: World’s biggest ever digital currency ‘theft’

One of Japan’s largest digital currency exchanges says it has lost some $534m (£380m) worth of virtual assets in a hacking attack on its network.

Coincheck froze deposits and withdrawals for all crypto-currencies except Bitcoin as it assessed its losses in NEM, a lesser-known currency.

It may be unable to reimburse the funds lost on Friday, a representative told Japanese media.

If the theft is confirmed, it will be the largest involving digital currency.

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