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.