https://www.cnbc.com/2018/01/28/coincheck-nem-hack-unlikely-last-for-cryptocurrency-space-analyst.html

The more than $500 million cryptocurrency heist at a major Japanese exchange last week is unlikely to be the last such hack, according to a Wall Street analyst.

"I think [the attack] does highlight the fact that the industry still has a long way to go in terms of basic issues of security," Nicholas Colas, co-founder of DataTrek Research, told CNBC's "Squawk Box" on Monday.