Sentences with phrase «hacks on crypto exchanges»
With the size of the cryptocurrency market today, combined with the number of high profile hacks on crypto exchanges, there is a clear market need.
https://blokt.com/ Not exact matches
Capital flowed back into bitcoin on Tuesday amid reports that a major Japanese exchange was planning to make a bid for Coincheck, the Tokyo - based crypto platform that was recently hacked.
Bitcoin prices are in freefall Wednesday on speculation that major crypto exchange Binance has been hacked.
Bitcoin shed some of its recent gains today, dropping over 10 % on the back of rumors that Binance, one of the world's largest crypto exchanges by trading volumes, has been hacked.
Finally, Japan's demand for stronger security on exchanges actually bodes well for Bitcoin, since it may help restore Japanese investors» faith in cryptos following the $ 530.0 - million Coincheck hack.
The Binance hack, SEC's new regulations for exchanges, and penalties on exchanges issued by the Japanese regulatory body have all jointly served to spark a widespread sell - off in crypto markets.
China ordered a complete ban on all initial coin offerings by pulling down the shutters of cryptocurrency trading exchanges for containing the inherent financial risks associated with money laundering and hacking of virtual wallets which has plagued the crypto world since the very beginning.
Japan - based crypto exchange Coincheck was hacked on Jan. 26 and around $ 530 mln in altcoin NEM was stolen.
© Reuters Digital currency trading is big business in South Korea South Korea's spy agency believes that North Korea is behind hacking attacks on a crypto - currency exchange in the South, sources say.
In late January of this year, the exchange suffered the most expensive hack in the crypto - sphere to date, losing some $ 530mln worth on NEM.
data - ad - client = «ca - pub - 9378923892950908» data - ad - slot = «4926898058» > data - ad - client = «ca - pub - 9378923892950908» data - ad - slot = «6572642908» > EtherDelta Gets Replaced By A Hoax Website Stealing Investor's Fund A popular crypto exchange, EtherDelta got hacked on Wednesday...
A popular crypto exchange, EtherDelta got hacked on Wednesday tricking users into directing their tokens to the wallet of the hacker instead of the authorized exchange.
«[C] rypto investors and speculators have been through a number of exchange hacks by now, likely recognizing that an exchange hack involves a vulnerability in the application on top of a protocol, as opposed to a vulnerability within the crypto - protocols involved... the fundamentals of crypto assets have not weakened, though we have yet another example of the need for further professionalization in crypto application - infrastructure.»
Coincheck hack, Japan's Financial Services Agency (FSA) conducted on - site inspections of the 15 as - of - yet unregistered Japanese crypto exchanges.
The past has shown us that hacks of exchanges do happen, and can have a massive negative impact on the crypto space.
In fact, losing money due to hacks or operational issues on exchanges is a much more common occurrence for crypto investors than people may think.
Following its notable $ 530 million hack, Japan's financial watchdog is reportedly probing into crypto exchange Coincheck's finances through an on - site inspection.
One of these is the «cross-chain atomic swaps,» which will partly solve the biggest threat crypto investors face today — that is, the threat of hacks and coin robberies on centralized crypto exchanges.
After the hack attack on Binance crypto exchange, other exchange platforms have been blocked in China.
A week after the hack the NEM Foundation said no attempts had been made to trade the cryptos on other exchanges.
Added to this, resources spent on «communication» could potentially detract from efforts to make the crypto - industry more robust and secure as a whole, as was admitted by executives in the case of an exchange Coincheck, which suffered a USD 400 million hack last month.
The post Japanese Crypto Exchanges Strengthen Self - Regulation Following Coincheck Hack appeared first on Bitcoin News.
In the aftermath of the hack, Japan's Financial Services Agency carried out on - site inspections of 15 unregistered crypto exchanges in the country, eventually sending business improvement notices to 7 and temporarily halting operations at 2 more.
The FSA is continuing in its efforts to crack down on crypto exchanges and enforce regulations after the massive Coincheck hack back in January.
The new information about ongoing hacking attacks on South Korean crypto exchanges, reportedly sponsored by the North, comes days before the official start of Pyeongchang 2018 (9 — 25 February).