Uncategorized

Big bitcoin heist

The 5 biggest cryptocurrency heists in history - Big Think

Coincheck's computer system was compromised in the January cyberattack, with the 58 billion yen in NEM transferred out. Investigators traced the accounts at conventional cryptocurrency exchanges through which the hacked NEM was converted, according to the source, leading to the identification of the 30 or so people.

Sign up to our newsletters to get our best stories delivered straight to your inbox. Stay ahead with our exclusives on Asia ; the most dynamic market in the world.

"Big Bitcoin Heist": 600 powerful computers stolen in Iceland

Stay ahead with our exclusives on Asia. Get trusted insights from experts within Asia itself. Arrow Artboard Created with Sketch. Artboard Created with Sketch. Copy Copied.

Inside The Cryptocurrency Revolution

Read Next. Cryptocurrencies Hong Kong reverses course on cryptocurrencies with retail ban.

Get the Latest from CoinDesk

Japan immigration Scammers threaten Chinese in Japan with 'forced deportation'. Others believe they are stashed somewhere in Iceland, which makes one wonder what the initial crime aimed to achieve. Five hundred Bitcoin mining machines are installed in Iceland each day. Low electricity prices, thanks to abundant geothermal energy, and chilly temperatures, contribute to one of the best national grids on earth for crypto-diggers.

Suspect in Iceland’s ‘Big Bitcoin Heist’ escapes prison

This year Iceland will expend more electricity on Bitcoin than powering homes for its , citizens. Iceland even has its own cryptocurrency, Auroracoin. But Bitcoin is helping bring tech talent to a tiny nation whose domestic scene is already flourishing — and should continue to do so.

And if anything, the Big Bitcoin Heist has brought that rise into sharp focus.