Sentences with phrase «by coincheck»

Here's the first tweet in the series, which translated says, «Currently, payment of all currencies handled by Coincheck (including JPY) is temporarily suspended.

Bitcoin payments is facilitated by Coincheck.

The «inappropriate» movement of the funds was reported by Coincheck to Japan's Financial Services Agency, as well as the police later on the same day.

In a tweet put out by Coincheck, Japan's biggest cryptocurrency exchange, said they have halted all crypto withdrawals but for those of Bitcoin and have also stopped deposits into NEM accounts.

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.

XEM / USD price recovered slightly due to the announcement by Coincheck cryptocurrency exchange stating that they had refunded at least 260,000 customers who were victims of the hack attack that affect NEM holders amounting to losses of over $ 530 million.

«Between Dec. 20 to Jan. 19, TV ads by Coincheck and Bitflyer were aired 819 times in the Kanto region, comparable to major firms such as Toyota Motor Corp, NTT Docomo Inc, and Mcdonald's Japan.»

According to The Asahi Shimbun, this is one of the reasons given by Coincheck for their devastating hack in January.

Not exact matches

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

Coincheck, the virtual exchange hit by the cyberattack, said it would refund customers following the theft.

Japan's Financial Services Agency (FSA) said it ordered Coincheck to submit a report on the hack and measures for preventing a recurrence by February 13.

Coincheck, the Japanese cryptocurrency exchange that was recently robbed of some 523 million XEM (as tokens on the NEM blockchain are called) has been instructed by the country's Financial Services Agency (FSA) to prepare a report on the incident, according to a press release on the exchange's website.

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.

** Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the center of a $ 530 million digital money heist, for 3.6 billion yen ($ 33.6 million), the latest move by a mainstream finance firm into the cryptocurrency market.

The hackers behind Coincheck's massive NEM heist have successfully offloaded 40 % of the stolen funds, according to new research by Tokyo - based consultancy group L Plus.

An article by Bloomberg relates that Coincheck had applied for a license with Japan's Financial Services Agency.

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.

Japanese online exchange Monex Group is reportedly in talks to buy a majority stake in Coincheck, according to a report by the Nikkei Asian Review.

«We aim to build a secured business environment for customers by fully backing up Coincheck's enhancement process,» the announcement states.

While Coincheck did have this significant loss as a result of theft, the acquisition by Monex Group will only be a good thing going forward with their involvement in the blockchain space.

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

The news was confirmed in a press release published by Monex stating its consideration to purchase a majority stake in Coincheck, although nothing has been finalized yet.

Should the deal occur, pending approval by Japan's Financial Services Agency (FSA), Coincheck's management team would reportedly be replaced and the exchange platform rebuilt.

Coincheck announced Saturday that 260,000 XEM holders were affected by the theft.

Japanese Financial Authority Inspecting 32 Cryptocurrency ExchangesFollowing the hack, the FSA issued a business improvement order to Coincheck and ordered it to submit a report by February 13 on the hack as well as measures for preventing a recurrence.

The study was released in an effort to bring more transparency to the country's cryptocurrency space in light of the recent exchange hack of Coincheck, where $ 530 million worth of cryptocurrency was stolen by hackers.

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

Announced at the first meeting of a cryptocurrency exchange study group established by the FSA in early March, the data release marks the latest effort by the financial watchdog in bringing greater transparency to the industry following a recent hack of one of the domestic exchange Coincheck.

Japanese online brokerage firm Monex Group Inc said on Tuesday it was considering buying Coincheck Inc, the cryptocurrency exchange hit by a high - profile $ 530 million theft of digital...

This was followed by a single withdrawal of 500 million NEM, with the altcoin's foundation president Lon Wong then tweeting «It's unfortunate that coincheck got hacked.

01/29/18 - Coincheck pledges to pay back those affected by hack, 1 million sign up for Robinhood cryptocurrency trading, and more!

Japanese online brokerage firm Monex Group Inc will buy Coincheck Inc, the exchange at the center of a $ 530 million digital money heist, for 3.6 billion yen ($ 33.6 million), the latest move by a mainstream finance firm into the cryptocurrency market.

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...

Hung out to Dry As reported by Japan Today, hackers involved in the large - scale Coincheck heist may have utilized the anonymous «dark web» — which has proved troublesome to investigators trying to track the stolen cryptocurrency then valued at roughly $ 547 million.

Monex plans to offer several billion Yen in a bid to takeover and restructure Coincheck by the end of the week.

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 cryptocurrency exchange Coincheck has agree to be bought over by the Monex Group, an online Japanese brokerage firm.

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.

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

Customers using digital currency wallets like Coincheck can proceed with the payment by scanning the QR code at the checkout portal.

The significant amount of Japanese yen withdrawn Tuesday may signal decreasing levels of confidence among Coincheck's existing customers following the loss, as well as amid recent scrutiny by Japan's financial regulator, the Financial Services Agency (FSA).

«We would like to offer our sincerest apologies to our customers, other exchanges, and everyone else affected by the illicit transfer of NEM which occurred on our platform,» Coincheck says.

Coincheck said Friday that some 500 million tokens of NEM, worth around $ 400 million at the time of writing, according to comments at a press event attended by Bloomberg.

Only one type of cryptocurrency was stolen from Coincheck (it was NEM), and the exchange had failed to activate all security features offered by that crypto.

Coincheck acknowledged their mistake and recently began to reimburse XEM holders affected by the hack out of their own pockets.

By the end of this compensation phase, Coincheck spent over $ 430 million USD equivalent of yen on customers for their stolen tokens.

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

The FSA said it ordered Coincheck to submit an incident report and measures for preventing a recurrence by Feb. 13.

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.

This means that the Coincheck hack was worth close to a fourth of all cryptocurrency theft by value from 2011 to 2018.