(Photo via coincentral.com)
It was announced that a Japanese crypto exchange was hacked, stealling roughly 400 million dollars worth of crypto. They are saying it is the largest hack since Mt. Gox.
Japan is saying that they are doing everything to reimburse those who lost coins.
The sad part, other than the loss that many experienced, is that Japan was one of the first countries to fully embrace crypyo. Im not sure what this means for the future, but we did experience a downturn in crypto yesterday.
We will find out soon enough whether or not fellow crypto holders will get their money back and whether or not this will lead to tighter restrictions.
Fingers crossed this will just be a blip on the screen.
If you are looking for a link to the article, it can be found here:
https://www.yahoo.com/news/japanese-exchange-says-hackers-stole-024244272.html