The course of NEM is growing

The weighted average rate of nem cryptocurrency increased by more than 20% due to the beginning of payments to customers of the Japanese crypto exchange Coincheck, affected by the January hacker attack. According to Coinmarketcap, the total market capitalization of NEM increased by more than $900 million and exceeded $ 4 billion.

The message about the beginning of payments appeared in the blog Coincheck last Monday, March 12. As planned, the compensation will be paid at the rate of $0.83 per NEM at the current rate of $0.45, the total amount of payments will be $420 million. In addition, the exchange announced that it is resuming withdrawals, as well as trading in some cryptocurrencies, including bitcoin, Bitcoin, Ethereum, Ethereum Classic, Ripple and Litecoin. The start of payments and the partial resumption of work was made possible after lengthy inspections by the Japanese financial regulator FSA the ability Coincheck to make these actions.

Meanwhile, it was reported that Coincheck computers were hit by a malicious virus as a result of phishing in early January. Thus, hackers began to collect private keys long before the attack.

According to l Plus research group, to date, cybercriminals have already laundered up to 40% of the stolen coins. With the help of darkmarkets, hackers converted up to 200 million NEM into bitcoin, which at the current rate is about $76 million.