Friday, April 27, 2018

Crypto Exchange Coincheck Made $491 Million Profit Prior to Hack

Hacked cryptocurrency exchange Coincheck made 53.7 billion yen ($491 million) in profit for the fiscal year ending in March, according to financial data released on Thursday by parent company Monex. The exchange, which in January succumbed to a record-setting hack that saw the attackers make off with $530 million worth of NEM tokens (XEM), raked

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