Sentences with phrase «coincheck lost»

On Jan 25th, however, Coincheck lost control of appr...

The financial regulator of Japan has announced its plans to inspect national cryptocurrency exchanges after Coincheck lost $ 530 million in altcoins due to hack attack.

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

Not exact matches

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.

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...

To date, Coincheck has been working to distribute ¥ 46.6 billion ($ 440 million) to the 260,000 customers who lost their holdings of XEM during the Coincheck theft.

Rumors swirled at the beginning of April that Monex would acquire Coincheck, a Japanese cryptocurrency exchange that lost perhaps $ 530 million worth of customers» XEM (the native token of the NEM network) in a breach uncovered in January.

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.

Monex Group Inc, a Japan - based online broker announced on Tuesday that it was considering buying Coincheck Inc, a local cryptocurrency exchange which lost $ 530 million in a high — profile theft earlier this year.

In Japan, a large virtual currency exchange, Coincheck, was hacked in late January and lost nearly $ 500 million worth of a virtual currency known as NEM, raising questions about the relatively untested security practices of virtual currency exchanges.

News Coincheck, the Japanese exchange that lost ~ $ 550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash.

The news, originally reported by Nikkei but which Monex has not yet officially confirmed, comes as Coincheck continues to face stringent inspections from Japan's regulator since it lost $ 530 million to hackers in January.

Coincheck, the cryptocurrency exchange hacked on January the 26th announced that it will refund the investors that lost their NEM.

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.»

Singapore - based NEM Foundation said it had a tracing system on the NEM blockchain and that it had «a full account» of all of Coincheck's lost NEM coins.

«We also have a full account for all of Coincheck's lost XEM on the blockchain.

Among the 11 is Coincheck which suffered a massive hack in January and lost 58 billion yen worth of the cryptocurrency nem.

During that time, $ 1.7 billion in digital assets has been stolen, which means that a staggering 40 percent has been lost in 2018 alone — the lion's share of which came out of cryptocurrency exchange BitGrail's and Japanese exchange Coincheck's coffers.

News Japanese cryptocurrency exchange Coincheck is reportedly considering a capital tie - up in order to regain the trust of crypto investors, following a recent hack where 58 billion yen worth of cryptocurrency was lost.

The Coincheck exchange lost some ¥ 58 billion worth of NEM (about $ 550 million in USD) in January, when it was attacked by hackers.

Sources told CNBC that Japan's Financial Services Agency (FSA) is also planning on potentially ordering Coincheck to raise its operating standards after the exchange lost $ 530 million of digital currency in a high - profile theft from hackers.

That day Coincheck was hacked and lost a total of 523,000,000 XEM, but the exchange promised to pay back the 260,000 customer accounts that were compromised.

Japanese cryptocurrency exchange Coincheck is reportedly considering a capital tie - up in order to regain the trust of crypto investors, following a recent hack where 58 billion yen worth of cryptocurrency was lost.

Over the weekend, Coincheck also issued a statement stating that the exchange will compensate the exchange's 260,000 NEM holders who lost funds, although no detailed plan for repayment has yet been released.

The Tokyo - based Coincheck, one of Japan's largest cryptocurrency exchanges, has confirmed that it recently lost 500 million tokens of the NEM currency to attackers, and is still investigating how they got away with it.

However, unlike Coincheck, which promised to give users their money back, BitGrail founder Francesco «The Bomber» Firano announced on Twitter that there's no way to refund 100 percent of what users lost.

Coincheck has promised to return 90 % of the lost NEM to its customers, but has yet to say how or when this will happen.

BitGrail is the second exchange that lost of massive amount of money this year — and it's only February — following Tokyo - based Coincheck, which lost between $ 400 and $ 534 million worth of coins in a cyberattack on its internet - connected wallet back in January.

Coincheck affirmed that it would use its cash holdings to reimburse 260,000 people for the value of 46.3 bn yen who lost their holdings of NEM, the world's 10th - biggest cryptocurrency by market capitalisation.

NEM's rally has correlated with Japanese cryptocurrency exchange Coincheck's announcement that it was beginning to refund customers who lost NEM tokens (XEM) as a result of the January theft that saw hackers abscond with more than 500 million XEM.

Major Japanese cryptocurrency exchange Coincheck has announced that it will reimburse the accounts of the 260,000 customers who lost XEM tokens in a recent hack at a rate of roughly 81 U.S. cents per unit.

According to a report from Nikkei, inspectors from the Financial Services Agency (FSA) arrived in Coincheck's office this morning to examine whether the firm has the financial capability to fulfill its promise that it would compensate users who lost funds in the major breach.

The regulator ordered Coincheck - the cryptocurrency exchange that lost over $ 530M of clients» funds due to hacker attack - to implement further improvements, including management structure and anti-laundering procedures.

Japan Needs More Qualified Coders When Coincheck was hacked in January losing $ 530 million...

News Japanese cryptocurrency exchange Coincheck has submitted a report to the country's financial authority outlining measures it will take following the hack that lost 58 billion yen worth of the cryptocurrency NEM from its...

The move comes after the Coincheck exchange lost NEM tokens worth $ 533 million at the time in a major breach in late January.

NEM tokens investors have a reason to celebrate after Japan's Financial Services Agency ordered its largest cryptocurrency exchange, Coincheck to repay investors the $ 530 million worth of NEM tokens that was lost in a hack in late January this year.

Since then Coincheck has been struggling to keep customers who lost trust in the platform.

Coincheck has lost 523 million NEM coins valued around $ 500 million dollars.

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.

Coincheck was the victim of a hack attack that took place earlier this year where almost $ 530 million was lost in XEM cryptocurrency.

But, NEM developers have done Coincheck and investors that lost millions of dollars in the hacking attack a tremendous favor by voluntarily creating a solution to a serious problem.

All 260,000 users of the Japanese crypto - exchange Coincheck, who lost their funds due to the January hack attack, received refunds.

Japanese cryptocurrency exchange Coincheck suffered a massive breach that may have lost as much as $ 533 million.

Coincheck, one of Japan's biggest cryptocurrency exchanges, recently confirmed that it has lost over $ 534 million worth of digital currency in a massive hack.

McDonald further said that «We also have a full account for all of Coincheck's lost XEM (NEM) on the blockchain.

Lost & Found On January 26, 2018, the cryptocurrency world was once again rocked when Japanese exchange Coincheck reported the loss of 526 million XEM coins — worth upwards of $ 530 million.

The announcement assured customers that their money will remain protected, but if the NEM tokens remain lost, all the amount that is paid as the refund will be given in the form of Coincheck losses.

Over the last week, one of the biggest thefts in the crypto market came to surface as Japan's Tokyo - based exchange Coincheck reported having lost $ 500 million worth NEM tokens overnight.

When Coincheck was hacked in January losing $ 530 million worth of NEM tokens the company offered the excuse that it did not have the staff to maintain the security protocols it had established.