Coincheck, one of Japan's largest stock exchanges, announced today that a series of services have been suspended, including all withdrawal transactions.
Crypto money exchange stopped
The stock broke out on the internet this morning, telling me that most of the crypto stops and all of the crypto currencies and the withdrawal of the Japanese Yen have stopped.
It is not known what caused this blackout, but according to the Japanese local time, at 13.00 Nem Blockchain came out with the explanation of the trade, shooting and investment stopping over the Xem hornet.
Scope expanded quickly
After 30 minutes it was announced that the scope was expanded and all crypto money and japanese newbirds were stopped. In the following hour, all crypto money trading was restricted except for Bitcoin. According to the latest update, other depositing methods, including credit cards, have been discontinued.
Coincheck has not made any statement about what caused the problem.
Decreased with Coincheck statement
According to reports from CoinMarketCap, the NEM prices began to decline after Coincheck released its first announcement. NEM quickly lost 18%.
NEM.io Foundation President Lon Wong stated that there were no problems in his network:
There has not been any deterioration in NEM technology. We do not fork. We also recommend that all traders use our multi-signed smart contracts, which is currently the best on the market.
