Excuse me, could you please clarify when exactly the Coincheck hack occurred? I'm trying to understand the timeline of events and it would be helpful to know the specific date or time frame in which this incident took place. Thank you for your time and any information you can provide.
            
            
            
            
            
            
           
          
          
            6 answers
            
            
  
    
    Dario
    Fri Oct 04 2024
   
  
    The incident served as a stark reminder of the inherent risks associated with cryptocurrency exchanges and the importance of robust security measures. Exchanges worldwide scrambled to reassess their security protocols and strengthen their defenses against potential threats.
  
  
 
            
            
  
    
    CryptoGladiator
    Fri Oct 04 2024
   
  
    On January 26th, 2018, at precisely 2:57 JST, Coincheck was subjected to a devastating cyberattack. The perpetrators successfully breached the exchange's security measures, resulting in a massive theft.
  
  
 
            
            
  
    
    charlotte_bailey_doctor
    Fri Oct 04 2024
   
  
    The stolen assets amounted to approximately 58 billion yen, equivalent to a staggering $530 million at the time. This figure underscores the severity of the breach and the substantial financial losses incurred by the affected parties.
  
  
 
            
            
  
    
    HanbokElegance
    Fri Oct 04 2024
   
  
    Among the leading cryptocurrency exchanges, BTCC stands out for its comprehensive suite of services. The platform offers a range of options for traders, including spot trading, futures trading, and a secure wallet for storing digital assets.
  
  
 
            
            
  
    
    Ilaria
    Fri Oct 04 2024
   
  
    The attack specifically targeted NEM tokens, a popular cryptocurrency that was traded on Coincheck's platform. The hackers managed to siphon off a significant portion of the users' NEM holdings.