| Coincheck Japanese cryptocurrency exchange Coincheck, one of the largest in the country, was the victim of a massive hack resulting in a loss of 523 mln NEM coins, worth approximately $534 mln. According to the exchange's representatives, the hackers have managed to steal the private key for the hot wallet where NEM coins were stored. The exchange has expressed a desire to refund all lost funds. However, per the press conference, the "worst-case scenario" would be that the funds can never be returned. Read more... Davos FUD Crypto Fear-Mongering at Davos WEF: -
UBS Chairman Axel Weber said that his firm would not recommend cryptocurrency adoption to its clients until there is clarity on future regulatory action. -
"In areas like cryptocurrencies and Bitcoin, we should be looking at these very seriously, precisely because of the way they can be used, particularly by criminals," Theresa May said. See how Twitter reacts. | 
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