Sentences with phrase «cyber heist»

Japan's financial regulator said on Monday it would inspect all cryptocurrency exchanges and ordered Coincheck to get its act together after hackers stole $ 530 million worth of digital money from its exchange in one of the biggest cyber heists on record.

Possible solvency issues at major exchanges as well as a massive cyber heist involving NEM coins have also weighed on investor sentiment.

Financial Services Agency (FSA)-- FSA began inspecting all cryptocurrency exchanges after hackers stole $ 530 million worth of digital money from Coincheck exchange in one of the biggest cyber heists on record.

This digital theft is the latest in a continuum of attempted and successful global cyber heists using fraudulent wire - transfer requests.

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According to Kaspersky, a top cyber security firm, they had obtained digital evidence of North Korea's involvement in last year's $ 81 million cyber heist of the Bangladesh central bank's account at the Federal Reserve Bank of New York.

The largest cryptocurrency continued its tumble, with experts blaming events such as global regulatory threats, million dollar cyber heists, price manipulation fears, and the recent banning of cryptocurrency ads on Facebook.

Tether is still recovering from a $ 31 million cyber heist last November, which exposed underlying financial issues facing the company.

Wild swings in the price of bitcoin, the best known of a myriad of digital currencies issued by private companies, cyber heists involving such assets, and fears they may be used for crime have raised calls for concerted actions by global regulators.

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.

In 2014, a cyber heist brought down Mt Gox, which was the world's largest exchange.

The cyber heist is yet another reminder about the vulnerability of some digital currency platforms.

In 2014, a cyber heist brought down Mt Gox, which was the world's largest exchange.

Cryptocurrencies got another jolt last week after Tokyo - based exchange Coincheck said hackers stole over $ 500 million in one of the world's biggest cyber heists.

With the rising price of Bitcoin, cyber heists have become even more profitable as it only takes a single attack to potentially make off with millions of dollars.

«The FSA told Coincheck after the cyber heist to bolster its security systems.