Foundation Response To Recent Hack
The NEM team is 100% committed to the safety and security of the NEM community.
The decentralized NEM protocol is highly secure and is performing exactly as designed.
Our team is closely monitoring XEM movements from the Coincheck theft of January 25. Due to security concerns around these efforts, we will not be releasing further details on the detailed measures at this time.
We are closely monitoring the stolen funds. Some small amounts, under $100 USD each, have been moved to several accounts. NEM’s tagging system is working to track how funds are moved. None of the stolen funds have been sent to any exchanges. As long as those funds are off public exchanges they will be very difficult to liquidate, especially in large amounts.