*** Some of the biggest
crypto exchange hacks:
Cyber security researchers have determined that the country's Lazarus Group has been behind a number of bank and
crypto exchange hacks in recent months.
There's little doubt that more
crypto exchange hacks will be attempted in the future.
There was plenty of noise to influence investor appetite through the week, with
another crypto exchange hack and loss of coins adding pressure, while the SEC...
Not exact matches
What may also be keeping
crypto markets relatively more propped up today than they were following the Mt. Gox
hack is the fact that there are more players in the market today, with Coincheck being just one of many
exchanges, and NEM being only one of many cryptocurrencies.
Market Overview Bitcoin and other cryptocurrencies have ascended at a steady pace over the last 3 weeks and it appears that Bitcoin has developed an impressive immunity against the usual correction triggers of tax selling, regulatory fears,
exchange hacks and other FUD that have plagued
crypto - markets since Q1 2018.
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.
Bitcoin prices are in freefall Wednesday on speculation that major
crypto exchange Binance has been
hacked.
Along with growth in the number of cryptocurrencies there has also been a rapid increase of threats and
hacks of the
crypto coins and cryptocurrency
exchanges.
The Japan - based Mt.Gox
crypto exchange had been the largest in the world until a February 2014
hack led to the loss of around 850,000 BTC.
Bitcoin shed some of its recent gains today, dropping over 10 % on the back of rumors that Binance, one of the world's largest
crypto exchanges by trading volumes, has been
hacked.
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.
It is quickly becoming a regular occurrence that a
crypto exchange or wallet is
hacked and unsuspecting users...
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.
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.
China ordered a complete ban on all initial coin offerings by pulling down the shutters of cryptocurrency trading
exchanges for containing the inherent financial risks associated with money laundering and
hacking of virtual wallets which has plagued the
crypto world since the very beginning.
This system was created by Buterin as well as Joseph Poon, the creator of the Bitcoin Lightening Network, and could have a number of important uses, including being able to protect
crypto exchanges from getting
hacked.
Cybercriminals that
hacked the Tokyo - based
crypto -
exchange Coincheck are trying to sell stolen NEMs via six cryptocurrency
exchanges, but the NEM team plans to inhibit their intentions.
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.
Negative reports about Bitcoin and other cryptocurrencies are virtually everywhere, from
hacks crypto exchanges to sudden price drops.
It is quickly becoming a regular occurrence that a
crypto exchange or wallet is
hacked and unsuspecting users see their Bitcoins plundered.
Along with growth in the number of cryptocurrencies there has also been a rapid increase of threats and
hacks of the
crypto coins and cryptocurrency
exchanges.
This was done especially in the backdrop of Bithumb, the largest
crypto exchange of South Korea being
hacked twice this fiscal.
Attack / bit station / bitcoin
exchanges / business practices / coincheck / crypto exchanges / Eternal Link / Exchanges / financial regulator / Financial Services Authority / fsa / FSHO / Hack / heist / inspections / inspectors / Investigations / Japan / japanese / Lastroots / N - Featured / News / penalties / procedures / suspende
exchanges / business practices / coincheck /
crypto exchanges / Eternal Link / Exchanges / financial regulator / Financial Services Authority / fsa / FSHO / Hack / heist / inspections / inspectors / Investigations / Japan / japanese / Lastroots / N - Featured / News / penalties / procedures / suspende
exchanges / Eternal Link /
Exchanges / financial regulator / Financial Services Authority / fsa / FSHO / Hack / heist / inspections / inspectors / Investigations / Japan / japanese / Lastroots / N - Featured / News / penalties / procedures / suspende
Exchanges / financial regulator / Financial Services Authority / fsa / FSHO /
Hack / heist / inspections / inspectors / Investigations / Japan / japanese / Lastroots / N - Featured / News / penalties / procedures / suspended / Tokyo
Long story short, the Coincheck
hack is nothing new, and
crypto exchanges are in desperate need of a makeover.
Japanese
crypto exchange Coincheck announced that it would reimburse roughly $ 425 million to its users affected by the recent
hack.
The
hack of the Japan - based Coincheck
crypto exchange last week was huge.
What may also be keeping
crypto markets relatively more propped up today than they were following the Mt. Gox
hack is the fact that there are more players in the market today, with Coincheck being just one of many
exchanges, and NEM being only one of many cryptocurrencies.
The Coincheck
exchange hack sent shockwaves through the
crypto community, and analyst Nicholas Colas says to expect more such
hacks in the future.
Due to the numerous security issues faced by
exchanges, chiefly
hacking, many locals in South Korea are showing less trust in
crypto exchanges when it comes to storing their cryptocurrencies.
The move comes in the wake of January's $ 532 mln
hack of Japanese
exchange Coincheck, dubbed the biggest
crypto theft in history.
Japan - based
crypto exchange Coincheck was
hacked on Jan. 26 and around $ 530 mln in altcoin NEM was stolen.
© Reuters Digital currency trading is big business in South Korea South Korea's spy agency believes that North Korea is behind
hacking attacks on a
crypto - currency
exchange in the South, sources say.
In late January of this year, the
exchange suffered the most expensive
hack in the
crypto - sphere to date, losing some $ 530mln worth on NEM.
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.
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.
This decision came in response to the media reports which suggested that the company might just halt its plan of accepting virtual currencies in the aftermath of
hacking of Coincheck — one of the biggest
crypto exchanges in Japan.
Bitcoin / Bitcoins /
crypto / Cryptocurrencies / Cryptocurrency /
cryptos / DPRK /
Exchanges /
Hacked / Hackers / Intelligence / korea / N - Technology / north korea / pyongyang / Reports / Security / South Korea
data - ad - client = «ca - pub - 9378923892950908» data - ad - slot = «4926898058» > data - ad - client = «ca - pub - 9378923892950908» data - ad - slot = «6572642908» > EtherDelta Gets Replaced By A Hoax Website Stealing Investor's Fund A popular
crypto exchange, EtherDelta got
hacked on Wednesday...
Exchange hacks and cryptocurrency heists have seen an unprecedented rise in the recent months, and as hundreds of millions get lost in these digital robberies, investors are turning wary of
crypto investing.
A popular
crypto exchange, EtherDelta got
hacked on Wednesday tricking users into directing their tokens to the wallet of the hacker instead of the authorized
exchange.
The
crypto exchange Coincheck has suffered from a
hack at the end of January 2018.
acquisition / Bitcoin / Bitcoin
exchange / capital tie - up / coincheck / compensation / crypto / Cryptocurrencies / Cryptocurrency / Customers / Digital Currency / Exchange / Hack / Investigations / Japan / japanese / Lawsuit / Lawyers / Merger / N - Featured / NEM / News / partner / Police / public trust / Tokyo / Victims / virtual
exchange / capital tie - up / coincheck / compensation /
crypto / Cryptocurrencies / Cryptocurrency / Customers / Digital Currency /
Exchange / Hack / Investigations / Japan / japanese / Lawsuit / Lawyers / Merger / N - Featured / NEM / News / partner / Police / public trust / Tokyo / Victims / virtual
Exchange /
Hack / Investigations / Japan / japanese / Lawsuit / Lawyers / Merger / N - Featured / NEM / News / partner / Police / public trust / Tokyo / Victims / virtual currency
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.
«[C] rypto investors and speculators have been through a number of
exchange hacks by now, likely recognizing that an
exchange hack involves a vulnerability in the application on top of a protocol, as opposed to a vulnerability within the
crypto - protocols involved... the fundamentals of
crypto assets have not weakened, though we have yet another example of the need for further professionalization in
crypto application - infrastructure.»
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.
Researchers at the BIG Blockchain Intelligence Group Inc. have traced some of the $ 534 mln in NEM (XEM) stolen in the Jan. 26 Coincheck
hack to a Vancouver - based
crypto exchange, according to their March 1 press release.
And while the future of Coincheck can not be determined with any certainty, as the FSA sends out a string of business improvement and halt notices to
crypto exchanges, perhaps Monex Group's support of Coincheck will lend the security that the
exchange needs to overcome the blows to both the company's finances and reputation caused by the massive
hack.
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...