Sentences with phrase «coincheck in»

Vice President of NEM Foundation Jeff McDonald, has said that they would be cooperating with Coincheck in the further investigative process but denied the possibility of any «hard fork» where administrators change the transaction history in order to restore the previous status before any sort of unauthorized access.

Japanese financial services provider Monex has offered to acquire a majority stake in the cryptocurrency exchange Coincheck in a «billions of yen» deal, Nikkei Asian Review reports Apr 3, citing unnamed sources.

With the experience of the Monex group in online brokerage and the hands - on experience of Coincheck in cryptos, do you think Coincheck operations will be better and can clients expect enhanced security?

Last week, Tech Bureau's Zaif exchange joined Bitflyer, DMM Bitcoin, Bitrade, and Coincheck in tapping into Japan's star power to promote its services.

All eyes are on Japanese cryptocurrency exchange Coincheck in the aftermath of what has become the biggest hack in virtual currency history — eclipsing the Mt. Gox hack of 2014.

Japan's financial regulator undertook the revisions in the wake of the attack on Coincheck in January.

The country's financial regulator has increased its scrutiny of exchanges and trading platforms following the $ 530 million hack of Tokyo - based exchange Coincheck in late January.

In a statement published Mar. 19, the NEM Foundation informed its community that it had disabled the tracking mosaic used to monitor the movement of XEM funds tied to the massive heist of Coincheck in January.

Some of the NEM coins stolen from Coincheck in the Jan. 26 have been found in cryptocurrency exchanges in both Vancouver and Japan.

A report in Nikkei Asia on North Korea's cyber activities sheds light on the rash of attacks on cryptocurrency exchanges in Asia, including the recent hack of Coincheck in Japan.

South Korean intelligence even suspects that North Korean hackers were behind the big heist from Japan's Coincheck in January.»

Do you think that this move will help Coincheck in the future?

TOKYO (Sputnik)- Japan's Financial Services Agency launched an inspection of the office of virtual currency exchange Coincheck in Tokyo after a computer hack that had resulted in the theft of cryptocurrency, NHK broadcaster reported.

But notably, the buyer's manual claims that «the PTR token will work on the chain of NEM blocks» during its pre-sale, referring to the blockchain network launched in 2015 that saw more than $ 500 million of its cryptocurrency stolen from exchange platform Coincheck in late January.

Hackers stole over $ 520 million worth of NEM cryptocurrency from Tokyo - based Coincheck in January, in the largest - ever breach in the space.

Monex Group's CEO mentioned he plans to relaunch Japanese cryptocurrency change Coincheck in «two months», topic to regulatory approval, in -LSB-...]

Following one of the biggest cryptocurrency exchange thefts in history, Coincheck in Japan has gone into full damage control mode, releasing periodic statements about when customers would be allowed to withdraw their yen from the exchange.

The trading hype has persisted despite a massive hack of Tokyo - based exchange Coincheck in January that resulted in losses of about 58 billion yen ($ 533 million) worth of virtual currency, according to Coindesk.

Not exact matches

A senior official from the Japanese FSA said in a Reuters report that Coincheck had enough funds to reimburse customers.

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 told Coincheck to get its systems in order after the hack — the exchange had been storing customer assets in an internet - connected «hot wallet,» which is something of a security no - no.

Japanese regulators are inspecting local cryptocurrency exchanges after Coincheck lost the equivalent of more than $ 500 million in digital currency to hackers in January.

Around 46.3 billion yen ($ 425 million) will be returned in total, although Coincheck said the method and period of reparation had yet to be decided.

In the latest development in the saga, Japanese financial regulators on Monday indicated that they had plans to enforce «administrative punishment» against Coincheck following the massive hack, Reuters reporteIn the latest development in the saga, Japanese financial regulators on Monday indicated that they had plans to enforce «administrative punishment» against Coincheck following the massive hack, Reuters reportein the saga, Japanese financial regulators on Monday indicated that they had plans to enforce «administrative punishment» against Coincheck following the massive hack, Reuters reported.

Japan's government said on January 29 it would impose administrative measures on virtual currency exchange Coincheck after hackers stole hundreds of millions of dollars in digital assets from the Tokyo - based firm.

The more than $ 500 million cryptocurrency Coincheck hack is unlikely to be the last in the space, according to an analyst.

What may also be keeping crypto markets relatively more propped up today than they were following the Mt. Gox hack is the fact that there are more players in the market today, with Coincheck being just one of many exchanges, and NEM being only one of many cryptocurrencies.

Japan's Financial Services Agency surprised the operators of Coincheck with an unannounced visit to the cryptocurrency exchange's office, and said that it had warned the firm to beef up its security measures in advance of the theft of over 500 NEM tokens in January.

Back in January, the well - known crypto exchange Coincheck was victim to a cyber attack, costing its investors more than $ 530 million in cryptocurrency.

In a January 26 video, NEM Foundation vice president Jeff McDonald said that he does not want to speculate on whether Coincheck will be able to reimburse all affected parties.

Coincheck has announced that starting Monday, March 12, it would begin distributing 46 billion yen (about $ 431.9 billion at time of press) to customers who lost NEM tokens in the January 26 attack.

According to McDonald, the vulnerability that made the theft possible had to do with Coincheck's decision to keep the NEM tokens in a hot wallet, which is effectively a storage mechanism connected to the internet.

The business improvement order from the FSA gives Coincheck until February 13, 2018, to determine how the funds were stolen as well as to issue an «appropriate response to customers» and to implement «risk management» measures to prevent similar events from occurring in the future.

The Japanese cryptocurrency exchange Coincheck has been robbed of around 500 million NEM tokens in one of the largest heists the space has ever seen.

Monex, which is also a Japanese firm, was motivated to make the offer in part because it wanted to gain access to Coincheck's customer base.

A group of 16 cryptocurrency exchanges in Japan have decided to create a self - regulating body in the country to safeguard investors following the massive Coincheck hack last month that cost about $ 530 million, according to Reuters.

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.

Last Friday, February 2, FSA inspectors visited the Coincheck Inc. headquarters in Tokyo.

Many in Japan feared its cryptocurrency market would grind to a halt following the hack of the Tokyo - based exchange, Coincheck.

Despite experiencing one of the worst heists in the cryptocurrency market's history, Coincheck has still managed to turn a significant profit.

In the wake of a January heist to the tune of more than $ 500 million from the exchange Coincheck, Japan's financial watchdog, the Financial Services Agency (FSA), stepped up efforts to ensure that exchanges operate in compliance with the country's lawIn the wake of a January heist to the tune of more than $ 500 million from the exchange Coincheck, Japan's financial watchdog, the Financial Services Agency (FSA), stepped up efforts to ensure that exchanges operate in compliance with the country's lawin compliance with the country's laws.

Japan Needs More Qualified Coders When Coincheck was hacked in January losing $ 530 million worth of NEM tokens the company offered the excuse that it did not...

In January, cyber criminals made off with around $ 530 million worth of NEM tokens following an attack on Coincheck, a Japanese exchange.

Coincheck personnel also told attendees that the only assets stolen were NEM tokens; that it intends to work on refunding stolen customer funds, at least in part, though it is not yet sure how it might do this; and that the exchange had not been using NEM's multi-signature smart contract, which could have enhanced security.

Though some media outlets have reported the theft as the greatest in the history of cryptocurrency, the value at press time of the 650,000 bitcoin (a conservative estimate) that were stolen from the MtGox exchange, which was headquartered in the same Tokyo neighborhood as Coincheck, totaled over $ 7 billion.

In a massive January 26 theft, somewhere in the neighborhood of 500 million NEM tokens were stolen from the Japanese cryptocurrency exchange CoinchecIn a massive January 26 theft, somewhere in the neighborhood of 500 million NEM tokens were stolen from the Japanese cryptocurrency exchange Coinchecin the neighborhood of 500 million NEM tokens were stolen from the Japanese cryptocurrency exchange Coincheck.

Moreover, Coincheck states that yen withdrawal applications will be handled in the order in which they have been submitted, a process which could delay some customers from withdrawing funds even longer.

Five other exchanges, including Coincheck, targeted in the massive hacking, were ordered to improve their operations.

Hot on the heels of their Coincheck acquisition, Monex has stated that Japanese exchanges need to have tougher regulations in place.

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.