Sentences with phrase «gives coincheck»

The business improvement order from the FSA gives Coincheck until February 13, 2018, to determine how the funds were stolen as well as to issue an «appropriate response to customers» and to implement «risk management» measures to prevent similar events from occurring in the future.

The FSA gave Coincheck until February 13, 2018, to submit a report summarizing the actions it would take to improve security and customer support.

Not exact matches

According to The Asahi Shimbun, this is one of the reasons given by Coincheck for their devastating hack in January.

According to the press convention, Coincheck plans to proceed working and restart the buying and selling options (presently solely obtainable for BTC), however with out giving any type of readability as to what their plans are when it comes to reimbursing their affected prospects.

The remaining five exchanges — Bicrements, Coincheck, GMO Coin, Mr. Exchange and Tech Bureau — were given business improvement orders.

Coincheck, one of the largest bitcoin exchanges in Japan has been given the task of looking after the bitcoin payment processing of Ticket Camp.

Notably, the dollar amount stolen from Coincheck is likely greater than the amount stolen from Mt. Gox in 2014 (pegged at $ 340 million), though the impact on the cryptocurrency market will be much smaller given the immense increases in market capitalization since.

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.

However, unlike Coincheck, which promised to give users their money back, BitGrail founder Francesco «The Bomber» Firano announced on Twitter that there's no way to refund 100 percent of what users lost.

The move would benefit both parties, giving Monex an entry into the burgeoning crypto markets and granting Coincheck's owners a way out.

The Financial Services Agency (FSA) originally gave the exchange essentially a slap on the wrist, but due to the seriousness of the situation, FSA regulators raided the offices of Coincheck today.

Additionally, Monex may be the one to acquire the license that was pending to be given to Coincheck at the time of the hack in January.

The dollar amount stolen from Coincheck is likely greater than the amount stolen from Mt. Gox in 2014, though the impact on the cryptocurrency market will be much smaller, given the immense increases in the overall market capitalization over the past year.

In return, Monex will be given an opportunity to enter the booming cryptocurrency space and will also gain access to Coincheck's current customers.

The announcement assured customers that their money will remain protected, but if the NEM tokens remain lost, all the amount that is paid as the refund will be given in the form of Coincheck losses.