TOKYO -- The theft of 58 billion yen ($526 million) in cryptocurrency from Japan's Coincheck last week demonstrated that profit-focused exchange operators have neglected critical infrastructure, including protections for investor assets.
Tokyo-based exchange Coincheck suffered a $526 million theft of virtual currency.
Cryptocurrencies
Coincheck's $520m hack lays bare flaws in new breed of exchange
Lack of safeguards hints at broader problems in little-regulated field
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