Sentences with phrase «exchanges after the hack»

The agency began inspecting all crypto exchanges after the hack of Coincheck, one of Japan's largest crypto exchanges.

Not exact matches

Indeed, the sudden halt of Bitconnect drew parallels to Mt. Gox, a major cryptocurrency exchange that shuttered in 2014 after losing virtually all its Bitcoins — largely through a massive hack, but also through the alleged embezzlement and mismanagement of its CEO.
Over one stretch of 2013, its price surged 85-fold; it crashed the following year after a hack of the exchange Mt. Gox shook the confidence of many early devotees.
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.
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.
YouBit, a South Korea - based cryptocurrency exchange, has filed for bankruptcy and will shut down later today after getting hacked for the second time this year.
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.
However, the recent 30 % dump in the price of BTC in just 2 days, after Hong Kong BTC exchange Bitfinex was hacked and nearly 120,000 BTCs were stolen, deftly illustrates that there is no substitute for physical gold and physical silver.
It is unlucky for CoinCheck to get hacked so shortly after getting a digital exchange license by Japan's FSA in September 2017.
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.
Bitcoin exchange service Bitstamp suspended its operations temporarily after cybercriminals stole $ 5 million worth of the virtual currency after a hack.
[16] Less than one year after the collapse of Mt. Gox, United Kingdom - based exchange Bitstamp announced that their exchange would be taken offline while they investigate a hack which resulted in about 19,000 bitcoins (equivalent to roughly US$ 5 million at that time) being stolen from their hot wallet.
South Korean exchange Youbit closed its doors and filed for bankruptcy last month after being hacked for a second time in a year.
Even Bitcoin price has dropped low and there are fresh reports in the media that a South Korean exchange, which was trading in bitcoin and other virtual currencies, has declared itself bankrupt after being hacked for the second time.
After local exchange Youbit shut down this week, hit by two hacking incidents this year, security experts are questioning the soundness of the country's numerous...
Not long after that he is conscripted into hacking the world's most advanced artificial intelligence, SHODAN, in exchange for his charges to be dropped.
The most recent issue includes an ad featuring an email exchange and blog post about a contraception «hack» for those who are unable to get ahold of the morning after pill, while another is just a blank page with «Sabbatical 2015 - 2016» printed in the top left corner of the page.
v3.co.uk - Youbit lost almost 20 per cent of its assets A Korean cryptocurrency exchange has been forced to shut down, after it was hacked for the second time in less than eight months.
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.
The emails that leaked after the Sony hack included some from former Sony Pictures Entertainment CEO and chairman Michael Lynton, who was also a board member of Snap at the time, and who had exchanged emails with a Snap executive about the company's acquisitions and product road map.
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.
A South Korean cryptocurrency exchange has reportedly had its insurance claim denied months after it closed following a debilitating hack.
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...
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 exchange has been struggling to get back on its feet after it suffered a massive hack attack on January 26, this year.
Despite suffering the second largest hack in bitcoin history (after Mt. Gox), Bitfinex continues to be one of the world's most highest - volume exchanges to this day.
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.
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.
In the wake of the hack, the exchange temporarily stopped trading after the security breach was confirmed.
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.
The exchange has since suspended withdrawals, according to statements, with the situation coming less than a month after a prolonged system upgrade raised fears of a hack.
DB Insurance — one of South Korea's four biggest property and casualty insurers and the company that holds South Korean cryptocurrency exchange Youbit «s policy — has denied a claim that the exchange filed after a hack in December of last...
These cryptocurrency exchanges have decided to take this decision after Coincheck's Hack.
A key factor tied to the risk posed by exchanges is whether customers are reimbursed after closure or after the loss of bitcoins following a hack.
The hack of Italian exchange BitGrail involving Nano (XRB) has caused a rift between cryptocurrency's biggest names after its owner asked Nano to alter its ledger.
More recently, South Korean cryptocurrency exchange Youbit last month shut down and filed for bankruptcy after being hacked twice last year.
After the hack, Bitfinex struggled to recover and many people crossed over to other exchanges.
Recently, a cryptocurrency exchange in South Korea collapsed after a massive hacking attack led to the loss of 17 percent of its assets.
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.
This past July, more than 3 years after the initial incident, the police arrested the leader of BTC - e exchange in connection with money laundering activities connected to the infamous Mt Gox hack.
After Coincheck's hack, cryptocurrency exchanges have been working together to self - regulate the cryptocurrency market.
After all, there are so many exchanges out there in an industry that is notorious for hacks and fly - by - night operations that you're often better off sticking to the better, more reputable platforms.
Four years after cryptocurrency exchange Vircurex lost its funds due to alleged hacks, the firm is being sued by its former customers.
After the cryptocurrency exchange was hacked for $ 530 million worth of NEM tokens, Coincheck froze all withdrawals for several hours.
The exchange was hacked on January 26, 2018, after a hacker used malware to gain access to an employee's computer.
After many reports of people and even exchanges getting hacked, we should realize that securing our investments
The FSA's move comes a week after South Korean authorities opted to fine six major cryptocurrency exchanges over poor security after an investigation and white hat hack demonstrated similar lapses.
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