A cryptocurrency exchange in Japan is coming under government scrutiny after it said hackers stole $530 million from its users. The exchange, Coincheck, has promised to partially refund the 260,000 cryptocurrency investors affected by the theft, although it didn't say when it would do so or where it's getting the money from. The hacking at Coincheck, which bills itself on its website as "the leading bitcoin and cryptocurrency exchange in Asia," came to light over the weekend. Coincheck said the hackers stole customer deposits of NEM, a less well known digital currency. Last month, South Korean bitcoin exchange Youbit filed for bankruptcy after being targeted by cybercriminals twice in the space of a few months.

Source: CNN January 29, 2018 08:37 UTC