Sentences with phrase «exchanges in the country coincheck»

One of the largest cryptocurrency exchanges in the country Coincheck has added Lisk on its list of traded currencies.

Not exact matches

A group of 16 cryptocurrency exchanges in Japan have decided to create a self - regulating body in the country to safeguard investors following the massive Coincheck hack last month that cost about $ 530 million, according to Reuters.
In the wake of a January heist to the tune of more than $ 500 million from the exchange Coincheck, Japan's financial watchdog, the Financial Services Agency (FSA), stepped up efforts to ensure that exchanges operate in compliance with the country's lawIn the wake of a January heist to the tune of more than $ 500 million from the exchange Coincheck, Japan's financial watchdog, the Financial Services Agency (FSA), stepped up efforts to ensure that exchanges operate in compliance with the country's lawin compliance with the country's laws.
Coincheck, one of the largest cryptocurrency exchanges in the country got hacked.
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 aftermath of this hack and the desire to protect the rights of investors have determined the FSA to raid Coincheck and then started reviewing the security measures of other cryptocurrency exchanges that operate in the country.
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.
Markets and Prices The team behind the troubled Japanese cryptocurrency exchange Coincheck has decided to sell the company to one of the largest securities trading companies in the country.
Japanese authorities said on Monday they would investigate all cryptocurrency exchanges in the country for security gaps and ordered Coincheck to raise its standards after hackers stole $ 530 million of digital money from the Tokyo - based exchange.
Yesterday, $ 534 million worth of XEM, the native cryptocurrency of NEM, was announced as stolen from Japanese cryptocurrency exchange Coincheck, one of the largest in the country.
Given that a hacker stole over $ 500 million in cryptocurrency from the Tokyo based exchange Coincheck, many countries have decided to begin putting regulation into the market to help avoid this from happening even further.
The team behind the troubled Japanese cryptocurrency exchange Coincheck has decided to sell the company to one of the largest securities trading companies in the country.
What happened at Coincheck highlighted the risks of storing funds in cryptocurrency exchanges, and since then, Japan's FSA has taken strong measures to protect its citizens and ensure the security of cryptocurrency exchanges across the country.
Some 16 exchanges in the country are currently registered, while another 16, including Coincheck, have been allowed to continue operating unregistered while they apply for licences.
Following the Coincheck breach, Japanese authorities announced on January 29, 2018, that they would investigate all cryptocurrency exchanges in the country for security gaps, and ordered Coincheck to, essentially, get its act together.
The country's financial regulator has increased its scrutiny of exchanges and trading platforms following the $ 530 million hack of Tokyo - based exchange Coincheck in late January.
One of 32 exchanges operating in the country, Coincheck is notably not among the 16 operators registered with the regulator, under new legislation.
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.
Opened in 2012, Coincheck is now one of the most popular cryptocurrency exchanges in the country.
Since $ 500 million of NEM was stolen from the Coincheck exchange in January, Japan's Financial Services Authority (FSA) has vowed to improve standards in the country's cryptocurrency exchanges.
It must be mentioned that Coincheck is not registered with Japan's Financial Services Authority - a regulator responsible for overseeing exchanges in the country - unlike several other prominent cryptocurrency exchanges, such as bitFlyer and Quoine.
Just recently the Japanese exchange Coincheck announced they have become the first licensed exchange in Japan after being approved by the country's Finance Bureau Director.
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