NEM also responded favorably on a global scale, with a nearly 30 percent jump on Coincheck’s announcement, according to Coinmarketcap.
The need to support Coincheck, especially in light of their commitment to refund affected customers, has been a common sentiment among Japanese crypto community’s opinion leaders today, even as they acknowledged the exchange’s part in not providing sufficient security for its NEM wallet.
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— ????(Bitcoin,Blockchain) (@bigstonebtc) January 26, 2018
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— ?? ? (@tsubasa_yozawa) January 27, 2018
Meanwhile, the development team behind NEM has announced that it is working on an automated system that will track the stolen coins and tag all addresses that receive the “tainted” money. This will allow any cryptocurrency exchange to blacklist the hackers’ accounts, preventing them from ever cashing out their illegally obtained fortune.
