NEM (XEM) Surges 10% as Foundation Signs MoU with UAE Ministry

The New Economy Movement (NEM)’s platform token XEM surged 10 percent against the dollar on Monday, rising from 0.0974-fiat to 0.1046-fiat. The XEM/USD formed a straightforward uptrend while attempting to retest the high from Sep 6 correction action. The price action corrected towards 1.000-fiat later as a part of its pullback action. The downside momentum […]

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CoinCheck Announces Compensation to 260,000 NEM Holders Following Major Hack

Get Trading Recommendations and Read Analysis on Hacked.com for just $39 per month. Tokyo-based cryptocurrency exchange Coincheck has today announced a plan to compensate approximately 260,000 NEM holders for $523 million XEM that was illegally removed from Coincheck. The cause of the hack is currently under investigation, according to a notice on the company’s website. […]

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