NEM price drop: The token of NEM, XEM value is getting low along with all other top cryptocurrencies. Some of you who actively watching the things around the crypto world knows about the big NEM coin hack a couple of days ago. The Japanese bitcoin wallet and exchange service, Coincheck faced the big issue.
Totally $534.8 million worth XEM stollen from the Coincheck. After this hack and it’s news, the price value of the coin immediately lost its 20% value and also it keeps reducing but lesser than the beginning. Because of the organization’s work on this issue, it settled down easily within few days.
Coincheck is the fourth-largest handler of Bitcoin (BTC) to Yen trades globally. They actually giving refund the value of price to the people (around 260,00 users) those who all lost their investment due to the hack on Coincheck. From the own capital of Coincheck, the refunds will be done.
The value of the coin also bounced back from the big crypto hack. NEM officially announced few latest updates like “NEM wallet undergoing relaunch and Huobi.pro introducing XEM/USDT pair.”
At present, the US price value of the XEM is $0.95 which decreased around 9 percent less from 24 hours before.
Where to Buy NEM (XEM)?
Upbit, Zaif, Poloniex, Bittrex, HitBTC, Huobi, OKEx, Livecoin, Cryptopia, Exrates, YoBit, AEX, and more. NEM’s blockchain platform was designed and coded from the ground up for scale and speed. NEM’s permissioned private blockchain delivers industry-leading transaction rates for internal ledgers.