Sentences with phrase «coincheck last»

The ¥ 58 billion digital token heist at Tokyo - based exchange Coincheck last month reminded many of the infamous Mt. Gox fiasco in 2014 and renewed debate on a critical question: Is the cryptocurrency boom a...

Following a hack against the exchange Coincheck last week, CoinDesk's Bitcoin Price Index (BPI) turned lower from $ 11,942 (Sunday high), ultimately hitting a low of $ 11,110 at 09:59 UTC Monday.

When asked about the security of cryptocurrencies, Herjavic doesn't think that crypto exchanges themselves are «prone to great security,» referencing the hack of over $ 500 mln in NEM from the Japanese - based crypto exchange Coincheck last month, but that cryptocurrency transactions are secure.

Some 500 million XEM were stolen from Japanese cryptocurrency exchange Coincheck last week in what some observers have called the largest exchange hack to date.

Japanese Industry Groups Promise Tighter Self - regulation as Experts Warn of Gov» t Regulations Leading lights of the Japanese cryptocurrency and blockchain scene have declared their intention to work together to prevent further hacks, following a massive 526 million XEM hack on exchange platform Coincheck last week.

But as the case of the $ 400 million of NEM stolen from Coincheck last week shows, laundering huge amounts of cryptocurrency is surprisingly hard.

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).

Not exact matches

And just last month, $ 534 million worth of a cryptocurrency called NEM was stolen from Coincheck, another Japan - based exchange.

Coincheck, stung by the theft of $ 530 million of digital money last month, is expected to file a report with regulators on the hacking.

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.

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

On the first day that the cryptocurrency exchange Coincheck allowed its customers to withdraw fiat money from the platform since a major theft last month, users took out a staggering sum of over 40 billion yen.

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.

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

A $ 530 million hack of Japanese cryptocurrency exchange Coincheck late last week has also weighed on the market, along with a subpoena U.S. regulators sent to two of the world's biggest cryptocurrency players, Bitfinex and Tether.

Last month, hackers made off with more than $ 400 million worth of NEM tokens stolen from Coincheck, a Japan - based cryptocurrency exchange.

Concerns are swirling around even legitimate digital currency platforms, after Coincheck — one of Japan's biggest exchanges — lost some $ 530 million in an apparent hack last week.

Several Japanese cryptocurrency exchanges have joined forces to form a self - regulatory body in an effort to better protect investors following last month's attack on Coincheck, which resulted in the loss of hundreds of millions of dollars.

White hat hackers have been instrumental in investigations regarding last month's breach of the Coincheck exchange.

Japanese authorities have cast a severe look at cryptocurrency exchanges after last week's theft of $ 530 million from Coincheck.

A group of cryptocurrency traders will file a lawsuit against Coincheck Inc on Thursday over last month's theft of $ 530 million (# 382 million) in digital money from the Tokyo - based exchange, a lawyer representing the claimants said.

Last month, hackers made off with more than $ 400 million worth of NEM tokens stolen from Coincheck, a Japan - based cryptocurrency exchange.

Last Friday, the attackers made off with more than $ 400 million worth of NEM tokens from Japanese cryptocurrency exchange Coincheck.

Hackers who stole around $ 530 million worth of cryptocurrency from the Coincheck exchange last week — one of the biggest such heists ever — are trying to move the stolen «XEM» coins, the foundation behind the digital currency said on Tuesday.

In an order to Coincheck, which lost $ 530 million to hackers last week, the Financial Services Agency (FSA) of Japan has demanded a full explanation of what went wrong, along with a raft of upgrades for «prevention of similar events in the future.»

The hack of the Japan - based Coincheck crypto exchange last week was huge.

Last week, the news broke that hackers had made off with $ 500 million worth of cryptocurrency from Coincheck, a popular Bitcoin exchange.

Coincheck, a bitcoin wallet and exchange provider based in Tokyo recently announced in a press conference that volume in Bitcoins has surpassed ¥ 541.1 billion, which is 20 times higher as compared to that for the same period last year.

White hat hackers have been instrumental in investigations regarding last month's breach of the Coincheck exchange.

Last month, hackers stole $ 530 million in virtual currency from Coincheck, one of Japan's largest cryptocurrency exchanges.

However, analysts have been quick to caution investors that the Coincheck attack pales in comparison to the Mt Gox debacle because the market has expanded manifold over the last few years.

Coincheck Pulls Plug on Popular Advertising Campaign In further Coincheck news, the platform has removed dozens of advertising images and videos featuring popular comedian Tetsurō Degawa in the wake of last week's huge hack.

The Japan Blockchain Association (JBA), Shinsei Bank - backed Tech Bureau and others vowed to take steps to avoid a repeat of last Friday's Coincheck hack by taking a series of stringent self - regulatory steps.

The incident left investors, already jumpy after last Friday's massive Coincheck hack, frustrated and nervous.

Influential Japanese Businessman Lashes out at Coincheck and Cryptocurrency Traders Japanese Chamber of Commerce and Industry chairman Akio Mimura says cryptocurrencies have «come to a crossroads» in Japan following the Coincheck hack last week.

In January of last year, the company told news.Bitcoin.com that more than 5,000 merchants had signed up to accept the digital currency through its merchant service called Coincheck Payment.

Despite Japanese exchange Coincheck being hacked for $ 530 million last month, the country has become the world's largest bitcoin trading market, with the yen accounting for 63 % of global exchange.

Last year alone, $ 6.3 million worth of cryptocurrency was stolen, and that's before the Coincheck hack.

Though the Coincheck news did not impact bitcoin directly (no bitcoin was stolen), it does appear to have marked a change in a mainstream news narrative that has breathlessly provided tailwinds for the market since late last year.

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.

According to the report, among the total 32 cryptocurrency exchanges, Coincheck is currently one of the 16 platforms that are not formally registered with the FSA because the operation started before the cryptocurrency law went into effect last April in Japan.

Prompted by the Coincheck hack, Japanese authorities announced last Monday that they will be investigating all exchanges in the country for vulnerabilities in their security system.

For instance, last week on Friday Coincheck, a company in Tokyo was the recent victim of hacking with coins worth $ 534 million being stolen.

Last month Japanese cryptocurrency exchange Coincheck announced it would have to pay back more than # 300m to customers after their system was hacked, affecting 260,000 customers.

Coincheck announced last week that it will be repaying Monday this week customers who lost funds in the hack that had hit the Japanese cryptocurrency exchange last January.

Ceres has a partnership deal with Coincheck, another Japanese exchange that was last week was hit by a major hack.

Several Japanese cryptocurrency exchanges have joined forces to form a self - regulatory body in an effort to better protect investors following last month's attack on Coincheck, which resulted in the loss of hundreds of millions of dollars.

Japan last April enacted laws designed to prevent such an attack, but Aso said this week regulators were not aware of the security lapses at Coincheck, according to Bloomberg.

Added to this, resources spent on «communication» could potentially detract from efforts to make the crypto - industry more robust and secure as a whole, as was admitted by executives in the case of an exchange Coincheck, which suffered a USD 400 million hack last month.

As such, upon the occurrence of a hacking attack or a security breach, cryptocurrency exchanges often contact the authorities and cooperate with law enforcement to investigate the attack, as Coincheck did last month.