Sentences with phrase «largest exchange hack»

Some 500 million XEM were stolen from Japanese cryptocurrency exchange Coincheck last week in what some observers have called the largest exchange hack to date.
For instance, if there is a large exchange hack or some government ruling in the short term you can probably guess bitcoin's price will go down a touch.

Not exact matches

Another person summarized: ``: fire:: fire:: fire:: fire: NOBODY PANIC: fire:: fire:: fire:: fire:» Many drew comparisons to Mt. Gox, a Japanese virtual - currency exchange — once the largest of its kind — that had collapsed in a catastrophic $ 460 million hack two years prior.
Japanese cryptocurrency exchange Coincheck confirmed that some $ 524 million worth of digital coins had been stolen — likely making it the largest single hack on an exchange, even outweighing the Mt. Gox breach of 2014.
There were scandals such as the hacking and bankruptcy of Mt. Gox, one of the largest bitcoin exchanges in the world.
At the start of the month, Bithumb, the fourth largest cryptocurrency exchange in the world was hacked.
The lack of detail that Bitfinex provided about the hacking drove away some large customers, such as Arthur Hayes, the founder of Bitmex, a Hong Kong - based virtual currency exchange.
One of the largest exchanges in the world, Bitfinex, has been hacked numerous times and provides little transparency about where it is keeping its money.
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.
According to the message, Coincheck, one of many largest Japanese cryptocurrency exchanges was hacked.
Coincheck, one of the largest cryptocurrency exchanges in the country got hacked.
But with every new blockchain glitch and exchange hack, useful cryptocurrency investors see a need for financier protections that might only be probable with larger supervision oversight.
The Japan - based Mt.Gox crypto exchange had been the largest in the world until a February 2014 hack led to the loss of around 850,000 BTC.
One of Japan's largest cryptocurrency exchanges has halted all withdrawals amidst rumors of a large - scale hack.
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.
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.
In Japan, a large virtual currency exchange, Coincheck, was hacked in late January and lost nearly $ 500 million worth of a virtual currency known as NEM, raising questions about the relatively untested security practices of virtual currency exchanges.
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 move was ostensibly a reaction to the $ 500.0 - million NEM hack that took place at a Japanese exchange last month, but it also comes as part of a larger cleanup effort from the FSA.
It doesn't include large - scale thefts from exchanges like the Bitfinex hack, so it likely underestimates the true damages by many orders of magnitude.
Decentralized exchanges do not rely on a third party service to hold a user's funds, making them less vulnerable to large hacks.
Binance is notably considered one of the largest cryptocurrency exchanges in the world and recently experienced a hacking incident.
This was done especially in the backdrop of Bithumb, the largest crypto exchange of South Korea being hacked twice this fiscal.
Japanese cryptocurrency exchange Coincheck confirmed that some $ 524 million worth of digital coins had been stolen — likely making it the largest single hack on an exchange, even outweighing the Mt. Gox breach of 2014.
Following one of the largest hacks in the history of cryptocurrency, Japanese cryptocurrency exchange Coincheck has
One of South Korea's largest exchanges, and the victim of a recent hack, Bithumb has yet to issue guidance.
Following one of the largest hacks in the history of cryptocurrency, Japanese cryptocurrency exchange Coincheck has announced that it will comply with an order from Japan's Financial Services Agency to improve its business operations.
Binance, one of the largest cryptocurrency exchanges by volume, has received numerous reports of suspicious activity due to a possible hack on March 7.
The Coincheck hack was one of the largest thefts of cryptocurrency in the world since Mt. Gox, another Tokyo exchange, was brought to its knees by hackers in 2014.
If confidence in the Bitcoin market is suddenly and drastically reduced — for example, if a major government declared Bitcoin use illegal, or one of the largest Bitcoin exchanges was hacked and lost all of its stored value — the value of the currency will crash and investors will lose huge amounts of money.
The price of bitcoin fell sharply today exacerbating an already ongoing decline as global market participants reacted to news that one of the largest digital currency exchanges had been hacked.
The hack is one of the largest in history, falling nonetheless around $ 320 million behind the infamous Mt. Gox exchange heist in 2013.
The Hack is Revealed In the past, BitGrail exchange was one of the largest trading hubs for the RaiBlocks cryptocurrency, which has since rebranded to «Nano.»
Following one of the largest hacks in the history of cryptocurrency, Japanese cryptocurrency exchange Coincheck has announced that it will comply with an...
That may be a point of relief for many investors, as some of the world's largest exchanges have been hacked at some point (such as Bitfinex, Bithumb and OKEx).
According to the South Korean intelligence agency, the North is involved in the hack of Bithumb, the country's largest cryptocurrency exchange.
As Cointelegraph reported on March 8, multiple reports concluded that the current cryptocurrency downturn since late December is a result of a $ 400 mln sell - off between December and February by the attorney and bankruptcy trustee of Mt.Gox, formerly the largest Bitcoin exchange in the world, before it went bankrupt in 2014, following a major hack.
Moreover, earlier this year, another major crypto hack worth $ 500 million and probably the largest in the history of cryptocurrencies, was reported by Japanese cryptocurrency exchange Coincheck.
A Shinhan spokesperson explained that the bank intends to provide a secure and insured platform in which customers of South Korean Bitcoin exchanges can store their funds in, given that Bithumb, South Korea's largest cryptocurrency exchange, was hacked twice this year.
Despite Japanese exchange Coincheck being hacked for $ 530 million last month, the country has become the world's largest bitcoin trading market, with the yen accounting for 63 % of global exchange.
Cointelegraph.com writes: «Bithumb, which is the largest exchange globally at $ 2.85 [billion] daily trading volume as of press time, was hacked in February 2017, losing about $ 7 [million] in mostly Bitcoin and Ether.
The price of Bitcoin and other major cryptocurrencies has sunk in the past 24 hrs after the largest exchange in the world by trading volume was hacked.
On August 2nd, Bitfinex, by some metrics the largest Bitcoin exchange in the world, was hacked and 199,756 bitcoins (~ $ 72m) were stolen.
NEM tokens investors have a reason to celebrate after Japan's Financial Services Agency ordered its largest cryptocurrency exchange, Coincheck to repay investors the $ 530 million worth of NEM tokens that was lost in a hack in late January this year.
, I've also worried about the large number of reports we've had in recent months and years of Bitcoin exchanges (the online sites that handily keep hold of your wallets) being hacked or simply folding... (continued)
The agency began inspecting all crypto exchanges after the hack of Coincheck, one of Japan's largest crypto exchanges.
In July, the country's largest bitcoin exchange, Bithumb, was hacked and the personal information of over 30,000 customers was leaked.
The largest decentralised Ethereum exchange has had their DNS server hacked.
Coincheck experienced a $ 530 mln hacking attack as reported by Cointelegraph and yesterday, the largest Nano (RaiBlocks) exchange BitGrail experienced a security breach.
This marks the largest cryptocurrency theft in history, surpassing the 2014 hack of MtGox — a Tokyo - based exchange that collapsed after losing $ 400 million.
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