Crypto Exchange Coincheck Abruptly Halts Withdrawals

Major Japanese exchange Coincheck has announced the suspension of a number of services today, including all withdrawals. The exchange posted on its website early this morning that is had stopped most cryptocurrency buying and selling, and halted withdrawals of all cryptocurrencies and Japanese yen. While it's not clear at the moment what might have caused the issue, the suspension started when the exchange announced around 13:00 JST that it had restricted deposits, trading and withdrawal of XEM, the token running on the NEM blockchain. A wider suspension on withdrawals of all cryptocurrencies as well as JPY was announced around 30 minutes later.
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