Sentences with phrase «after coincheck»

«After the Coincheck heist, the FSA said it would investigate all cryptocurrency exchanges for security gaps.

Reuters reports that Zaif's operator had previously faced system checks after Coincheck Inc. allowed $ 530 million in cryptocurrency to be stolen from their coffers by cybercriminals, sparking concern over the security of registered exchanges nationwide — as well as the quality of Japan's regulatory oversight.

The FSA began inspecting exchanges soon after the Coincheck hack in late January and the regulator determined that the exchange lacked measures to combat money laundering, demanding that the Tokyo - based operator ensure a reliable and secure business operation that safeguards consumer assets.

Two days after Coincheck was hacked, and digital currency NEM worth about $ 530 million was stolen, the Tokyo - based cryptocurrency exchange announced a reparation policy Saturday, which involved paying back all customers affected by the hack.

The FSA is currently investigating security shortcomings on all cryptocurrency exchanges after the Coincheck cyber-heist where hackers stole $ 530 million in NEM.

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

The theft comes after Coincheck applied for a license to operate as a cryptocurrency exchange in Japan.

After Coincheck's hack, cryptocurrency exchanges have been working together to self - regulate the cryptocurrency market.

This is despite widespread fears of the Japanese government cracking down on cryptocurrencies after the Coincheck hack.They announced that they intend to stick to their original plan of accepting Bitcoin payments by the end of the fiscal year in March 2018.

These cryptocurrency exchanges have decided to take this decision after Coincheck's Hack.

According to a company announcement on Feb. 13, soon after Coincheck partially resumed operations on Tuesday, it had already processed 40.1 billion yen (or $ 373 million) in withdrawal requests from existing investors.

All trading in cryptocurrencies, except Bitcoin, were halted on Friday, hours after Coincheck became aware of the situation.

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.

President Takeshi Idezawa said at a press conference on Jan. 31 — five days after the Coincheck incident.

After the Coincheck incident, consultation of those who can not move the virtual currency from the Coincheck has increased sharply.

As Japan's Financial Services Agency (FSA) steps up its scrutiny of cryptocurrency exchanges (after the Coincheck disaster), it's not immediately clear whether the agency will continue to issue licenses.

Market Updates 1 min ago By Jamie Redman — 2 0 Markets Update: Cryptocurrencies Recover Gains After the Coincheck...

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.

The acquisition comes after Coincheck's security was penetrated on January 26th, earlier

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

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.

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.

His comments came after Japanese exchange Coincheck announced Friday that around 523 million of its NEM coins had been directed to another account.

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.

On Tuesday, Japanese cryptocurrency platform Coincheck Inc. said it would refund its clients $ 435m after a January 26 hack of pilfered cyber assets.

Few weeks after the massive $ 500 Million Coincheck hack, the company has come forth with a novel excuse which caused the issue: Lack of experienced engineers.

The FSA began cracking down on cryptocurrency exchanges in Japan after one exchange, Coincheck, was bilked out of $ 530 million in NEM (XEM) tokens.

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

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

Japanese crypto exchange Coincheck, made famous after hackers made off with more than $ 400 million in digital token NEM, has been acquired.

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

In Japan, regulators have tightened their grip after the large crypto exchange Coincheck suffered one of the digital currency industry's worst - ever hacks in January.

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

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.

The market cap of Japanese online broker Monex Group shot up 20 % April 3 after rumors spread about it buying troubled cryptocurrency exchange Coincheck.

The deal may end up being the lifeline Coincheck needs to survive after a debilitating cyberattack.

After the confirmation, Joseph tweeted» 58 million of Japanese yen and $ 530 million worth of NEM was stolen from coincheck.»

Monex has confirmed the takeover of Coincheck, a cryptocurrency exchange which has struggled after the theft of $ 530 million in cryptocurrency.

This adds to three other exchanges in the country closing their doors after regulators stepped up oversight in the wake of the late - January hack of Tokyo - based Coincheck, where $ 530 million in NEM tokens vanished.

A little over a month after Japan declared the digital currency bitcoin (BTC) to be an officially recognized legal payment method, the Japanese bitcoin exchange Coincheck has announced the first interest - paying bitcoin deposit accounts for the Japanese market.

This comes after over $ 500 million worth of digital coins were stolen from Coincheck by hackers in January.

Coincheck, one of the largest bitcoin exchanges in Japan has been given the task of looking after the bitcoin payment processing of Ticket Camp.

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.

After the hacking incident with Coincheck, the Japanese regulator made it clear that it would conduct a more thorough check of applicants» security systems in order to ensure the safety of customer funds.

Japan's financial regulator has ordered Coincheck to get its act together after hackers stole $ 530 million worth of digital money from its exchange, jolting the nation's cryptocurrency market in one of the biggest cyber heists.

The Financial Services Agency (FSA) on Monday ordered improvements to operations at Tokyo - based Coincheck, which on Friday suspended trading in all cryptocurrencies except bitcoin after hackers stole 58 billion yen ($ 534 million) of NEM coins, among the most popular digital currencies in the world.

Japanese authorities said on Monday they would investigate all cryptocurrency exchanges in the country for security gaps and ordered Coincheck to raise its standards after hackers stole $ 530 million of digital money from the Tokyo - based exchange.

Coincheck, which is unregistered but whose application was under review at the time of the hack, was inspected by the FSA after the hack on Feb. 2 to ensure user protection.

Monex has laid out preliminary plans for Coincheck after it confirmed its purchase of the exchange for $ 33.5 mln.

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.