Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
jyrvalor
on 09/07/2018, 00:10:26 UTC
I think that NEM is a very underrated project now. The last news on July 6 very pleased me. For me personally, NEM is a long-term investment. And even despite the recent small growth, the current price is very good for entering. But I would still like to ask - how the long-standing question of stolen XEM was solved? Because I think this problem still had a very big impact on the price.

To my knowledge this was the last official statement made about the hack:

https://medium.com/nemofficial/coincheck-hack-update-removal-of-mosaic-tagging-system-18b4157ff060

In the end they apparently managed to launder all the xem and didn't get caught.

It's quite amazing how well nem was able to absorb almost 6% of all existing xem being dumped on the market during a general crypto downtrend.