Sentences with phrase «coincheck for»

Bitcoin.com reported in April about Recruit Lifestyle Co., Ltd. partnering with Japanese bitcoin exchange Coincheck for its point - of - sale (POS) app called «Mobile Payment for Air Regi» to accept bitcoin payments.

Monex, a Japanese financial services company, is considering purchasing cryptocurrency exchange Coincheck for «several billion yen,» according to CoinTelegraph.

Japanese authorities are threatening to prosecute the operators of Coincheck for their failure to comply with the new laws.

Update: On April 6, 2018, Monex agreed to purchase 100 percent of Coincheck for around $ 34 million.

Monex buys cryptocurrency exchange Coincheck for ¥ 3.6 bn.

Japanese online brokerage firm Monex Group said on Friday it would buy hacked cryptocurrency exchange Coincheck for $ 33.59 million.

Monex will acquire Coincheck for an estimated $ 33.5 million and will control 100 % of the company, all 1,775,267 shares.

According to The Asahi Shimbun, this is one of the reasons given by Coincheck for their devastating hack in January.

Not exact matches

According to Nikkei, the cost of implementing these changes may have led Coincheck to look for outside support.

The price of Bitcoin has seen a roughly 5 % bump in the last day, and the cause appears to be a potential rescue for the hacked cryptocurrency exchange Coincheck — from financial services company Monex.

Japan's Financial Services Agency (FSA) said it ordered Coincheck to submit a report on the hack and measures for preventing a recurrence by February 13.

Japan's Financial Services Agency (FSA), which had instructed Coincheck to beef up security measures prior to the theft, is still reviewing Coincheck's application for licensure, as it had been at the time of the heist.

The regulator said that the persistence of the vulnerabilities which it had diagnosed were among its reasons for not granting Coincheck a license.

More Than Profitable Monex Group Inc., a Japanese online brokerage, finalized its acquisition of Coincheck last week for nearly 3.6 billion yen ($ 33 million).

Can't Nobody Hold Coincheck Down As reported by Reuters, Japanese cryptocurrency exchange Coincheck Inc. has recorded a writedown of roughly $ 432.56 million for the financial year ending in March.

The NEM Foundation has called off its search for the 523 million NEM tokens that were stolen from the Tokyo - based Coincheck exchange.

Nikkei Asian Review reported Monday that Coincheck was targeted with «suspicious traffic» for weeks leading up to the Jan. 26 heist.

** Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the center of a $ 530 million digital money heist, for 3.6 billion yen ($ 33.6 million), the latest move by a mainstream finance firm into the cryptocurrency market.

Coincheck notes that technical safety and security concerns are foremost on its mind, adding a final apology: «I'm sorry for the inconvenience this time.

After Japan's second largest cryptocurrency exchange, Coincheck, was hacked, the Japanese government began to place even more emphasis on security measures for the cryptocurrency market.

An article by Bloomberg relates that Coincheck had applied for a license with Japan's Financial Services Agency.

That said, Pouncey listed several fundamental drivers for crypto's resurgence in the second quarter, including the acquisition of Poloniex by Goldman - backed Circle as well as the acquisition of Coincheck by Monex Group.

The Financial Services Agency (FSA) have recently developed new strategies and requirements for cryptocurrency exchanges to follow, in the wake of the devastating Coincheck hack in January, evidence that the government are keen to facilitate cryptocurrency activity within its borders but are equally keen to ensure that trading remains above board, legal and safe.

«We aim to build a secured business environment for customers by fully backing up Coincheck's enhancement process,» the announcement states.

While Coincheck has already begun repaying customers for the loss of funds, the exchange has faced multiple lawsuits from disgruntled investors.

Monex was also cited as saying it hopes to hold an IPO of Coincheck shares at a future date - a move that would be a first for a Japanese cryptocurrency exchange.

Capital flowed back into bitcoin on Tuesday amid reports that a major Japanese exchange was planning to make a bid for Coincheck, the Tokyo - based crypto platform that was recently hacked.

According to the press convention, Coincheck plans to proceed working and restart the buying and selling options (presently solely obtainable for BTC), however with out giving any type of readability as to what their plans are when it comes to reimbursing their affected prospects.

In Japan, Coincheck is not the only cause for concern.

It was recently that Monex announced that they had acquired Coincheck, the crypto exchange for a total of $ 33.6 million.

Indeed, Mr. Pouncey particulars, «The market has seen a number of acquisitions of crypto exchanges from monetary companies reminiscent of Goldman Sachs backed Circle buying Poloniex, Monex Group buying Coincheck, and Yahoo Japan shopping for a 40 % stake in Bitarg Exchange Tokyo.»

Coincheck has applied for a license with the FSA, but it first needs to improve its services before it has any chance of receiving one.

Dear NEM Community, On behalf of the NEM.io Foundation, we want to thank you for your ongoing support since January 26, when the Coincheck exchange was a victim of theft.

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.

Coincheck, which has apologized for the ordeal, says it is still investigating the matter further.

Japanese Financial Authority Inspecting 32 Cryptocurrency ExchangesFollowing the hack, the FSA issued a business improvement order to Coincheck and ordered it to submit a report by February 13 on the hack as well as measures for preventing a recurrence.

Takayuki Sugiura, head of the Tokyo - based information - security consultancy L Plus, said it was likely someone repeatedly accessed Coincheck's server to steal the private key for the NEM transaction.

Coincheck has been fined administrative penalties for failing to secure client funds.

Japanese exchange Coincheck is being sued for the third time after its hacking incident in January 2018.

On a Friday morning in late January, the users of Coincheck, a Japan - based cryptocurrency exchange, logged in to find their wallets empty of NEM tokens, a cryptocurrency specialized for payments and other financial services.

01/29/18 - Coincheck pledges to pay back those affected by hack, 1 million sign up for Robinhood cryptocurrency trading, and more!

Japan's Financial Services Agency on Friday ordered two cryptocurrency exchanges to suspend business for two months as it cracks down on regulatory lapses following the massive theft of digital money at Tokyo - based Coincheck.

Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the center of a $ 530 million digital money heist, for 3.6 billion yen ($ 33.6 million), the latest move by a mainstream finance firm into the cryptocurrency market.

Monex was also cited as saying it hopes to hold an IPO of Coincheck shares at a future date - a move that would be a first for a Japanese cryptocurrency exchange.

Another factor Kelly accounts for is the Japanese exchange Monex potentially taking over troubled exchange Coincheck.

Another report from Nikkei Asian Review indicates that Monex has aired plans to obtain regulatory approval for Coincheck, with the aim of a June relaunch.

According to Nikkei, the cost of implementing these changes may have led Coincheck to look for outside support.

Capital flowed back into bitcoin on Tuesday amid reports that a major Japanese exchange was planning to make a bid for Coincheck, the Tokyo - based crypto platform...

Exchanges like coincheck, are thus primary targets for criminals to enter cryptocurrency world.

Another 16, including Coincheck, have been allowed to continue operating as «quasi-operators» for an undetermined amount of time until they bring their safety standards up to date.