Sentences with phrase «japanese exchange hack»

Not exact matches

Another person summarized: ``: fire:: fire:: fire:: fire: NOBODY PANIC: fire:: fire:: fire:: fire:» Many drew comparisons to Mt. Gox, a Japanese virtual - currency exchange — once the largest of its kind — that had collapsed in a catastrophic $ 460 million hack two years prior.

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.

Japanese cryptocurrency exchange Coincheck confirmed that some $ 524 million worth of digital coins had been stolen — likely making it the largest single hack on an exchange, even outweighing the Mt. Gox breach of 2014.

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.

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.

The Japanese government is slapping penalties on several cryptocurrency exchanges in the country, after 58 billion yen ($ 530 million) of virtual coins were lost earlier this year from hacking.

In January, the Japanese cryptocurrency exchange Coincheck was hacked in what has been described as the biggest digital currency theft in history, affecting 260,000 customers.

Yesterday, on March 8, the price of bitcoin has dropped below $ 9,500 briefly, triggered by Binance hack rumors, the Japanese government's issuance of penalty on local exchanges, and the sell - off of a massive amount of bitcoin by the Mt. Gox trustee.

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.

This message was brought home clearly earlier this year in Asia when on February 6, the South Korean Intelligence Agency reported to the Parliamentary Intelligence Committee that it deemed North Korea responsible for the hacking of the Japanese Bitcoin exchange centre.

According to the message, Coincheck, one of many largest Japanese cryptocurrency exchanges was hacked.

The last time a Japanese cryptocurrency exchange was hacked for a record haul, it was a devastating blow to the ecosystem.

Two Japanese cryptocurrency exchanges are reportedly quitting their operations amid tighter oversight from authorities following the Coincheck hack, which saw the theft of $ 530 million in January.

The new «hack» of the Japanese Coincheck exchange yielded cyberthieves the homogeneous of $ 530 million of cryptocurrency hold by the customers.

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

Bitcoin rose after reports Japanese online broker Monex Group is looking to take over recently hacked crypto exchange Coincheck.

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

Bitcoin prices rose Tuesday after reports that Japanese online broker Monex Group is looking to take over a recently hacked Japanese cryptocurrency exchange Coincheck.

Coincheck, the Tokyo - based cryptocurrency exchange that has been struggling to get back on its feet since it suffered a devastating hack on January 26, 2018, has agreed to accept a takeover bid by Monex Group, a Japanese online...

Japan's half - billion - dollar hack in January, together with huge Bitcoin sell - offs related to reimbursing fellow Japanese exchange Mt.Gox ’s

Coincheck, the Japanese cryptocurrency exchange that saw major losses in a recent hack, is reportedly being hit by another lawsuit demanding refund of cryptocurrency assets.

The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack.

A group of Japanese cryptocurrency exchanges is reportedly uniting to form a new self - regulatory body in the wake of the recent Coincheck hack.

Following a notable hack, Japanese regulators are moving to increase the frequency of on - site cryptocurrency exchange inspections.

Finally, Japan's demand for stronger security on exchanges actually bodes well for Bitcoin, since it may help restore Japanese investors» faith in cryptos following the $ 530.0 - million Coincheck hack.

This move was ostensibly a reaction to the $ 500.0 - million NEM hack that took place at a Japanese exchange last month, but it also comes as part of a larger cleanup effort from the FSA.

The Binance hack, SEC's new regulations for exchanges, and penalties on exchanges issued by the Japanese regulatory body have all jointly served to spark a widespread sell - off in crypto markets.

With the heart of the blockchain craze firmly in Eastern Asia (and today yet another Japanese exchange was «hacked»...), it's hard not to see a correlation.

NEM was the cryptocurrency that was the target of the biggest ever hack attack that took place in January this year, where $ 530 million worth of NEM token were stolen from the Japanese crypto - exchange Coincheck.

In one of the most recent hacks, the Japanese cryptocurrency exchange,

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Japan's Coincheck exchange reinstated Japanese yen withdrawals yesterday and investors are already flocking to take out their funds following the firm's recent hack.

Coincheck, a Japanese cryptocurrency exchange, has been hacked for $ 500 million dollars.

Japanese crypto exchange Coincheck announced that it would reimburse roughly $ 425 million to its users affected by the recent hack.

Japanese cryptocurrency exchange Coincheck confirmed that some $ 524 million worth of digital coins had been stolen — likely making it the largest single hack on an exchange, even outweighing the Mt. Gox breach of 2014.

However, the recent major hack of Coincheck is playing out differently as the Japanese exchange announces it will pay back $ 425

The hack of a Japanese exchange on January 26, 2018, resulting in the loss of $ 530 million worth of NEM coins, has prompted backlash from the community and closer oversight from the Financial Services Agency (FSA).

Following one of the largest hacks in the history of cryptocurrency, Japanese cryptocurrency exchange Coincheck has

Following one of the largest hacks in the history of cryptocurrency, Japanese cryptocurrency exchange Coincheck has announced that it will comply with an order from Japan's Financial Services Agency to improve its business operations.

The move comes in the wake of January's $ 532 mln hack of Japanese exchange Coincheck, dubbed the biggest crypto theft in history.

Much like the hack where NEM was stolen from a Japanese exchange, the community blames the exchange for not taking proper security measures.

Japanese brokerage, Monex Group are said to be readying a bid for majority stake, in the recently hacked exchange in Japan Coincheck.

Japan's Financial Services Agency (FSA) has ordered the suspension of two more cryptocurrency exchanges and sent a business improvement notice to another, following a series of inspections after the January hack of around $ 534 mln in NEM from Japanese crypto exchange Coincheck, local news outlet Nikkei Asian Review reports today, April 6.

The move, which comes a few weeks after Japanese cryptocurrency exchange Coincheck was hacked, is a response to the country's Financial Services Agency discovering issues with exchanges» customer protection and anti-money laundering procedures, according to Nikkei.

NEM's XEM token is solidly bid following the Japanese exchange's announcement that it will commence refunding hacked users next week.

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.

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-- Reuters picTOKYO, April 6 — Japanese online brokerage firm Monex Group Inc said today it would buy hacked cryptocurrency exchange Coincheck Inc, acquiring full ownership of the Tokyo - based firm for ¥ 3.6 billion (RM130 million).

The decision comes at a time when the FSA is beefing up its efforts in scrutinizing Japanese exchanges regarding security measures, following the hack of some $ 530 million - worth of the NEM cryptocurrency from the Coincheck exchange in January.

The aftermath of the January 26 hack of more than $ 500 mln worth of NEM from Japanese crypto exchange Coincheck has led to a regulatory re-examination of Japan's crypto industry, so far culminating in the $ 33.5 mln sale of the hacked exchange to Japanese financial services provider Monex Group.