Japanese exchange Coincheck states they will pay back $400+ million NEM stolen

Coincheck Inc. President Koichiro Wada spoke at a press conference Friday in Tokyo. On Sunday, the company said customers holding the cryptocurrency NEM would be paid back following a cyberattack in which some $530 million of the cryptocurrency was lost.PHOTO: TAKUYA INABA/ASSOCIATED PRESS   TOKYO—Japanese exchange Coincheck Inc. said Sunday it would spend up to ¥46.3…

YouTube serving ads with CPU-draining cryptocurrency miners

YouTube was recently caught displaying ads that covertly leach off visitors’ CPUs and electricity to generate digital currency on behalf of anonymous attackers, it was widely reported.   Word of the abusive ads started no later than Tuesday, as people took to social media sites to complain their antivirus programs were detecting cryptocurrency mining code when they…