Sentences with phrase «major exchange hack»

So although he would not be surprised to see a short - term «backfill,» he believes that, barring an «about - face» from regulators or a major exchange hack, the markets will recover and continue to climb rapidly throughout the coming year.

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.

The more than $ 500 million cryptocurrency heist at a major Japanese exchange last week is unlikely to be the last such hack, according to a Wall Street analyst.

Sensitive, confidential information belonging to major U.S. stock exchanges was at risk of being hacked this year, thanks to an oversight by Securities and Exchange Commission staffers, according to a new Reuters report.

Buterin now wants to solve a major problem that has been bothering the world of cryptocurrencies - exchanges getting hacked.

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.

Prices of major cryptocurrencies tumbled more than 9 percent Wednesday on a new round of regulatory crackdowns in the U.S. and Japan and rumors that popular cryptocurrency exchange Binance has been hacked.

It seems that every other month, there is some news of a major hack involving a Bitcoin exchange.

Bitcoin prices are in freefall Wednesday on speculation that major crypto exchange Binance has been hacked.

Coincheck, the Japanese cryptocurrency exchange that saw major losses in a recent hack, is reportedly being hit by another lawsuit demanding refund of cryptocurrency assets.

The Japanese government said today that inspections will take place at 15 unlicensed cryptocurrency exchanges in light of a recent major hack.

On August 2, 2016, it has been reported that the major cryptocurrency exchange, Bitfinex, was hacked with some customers losing Bitcoin as a result.

Speculation that the exchange might have been hacked triggered a sharp reversal in the fortunes of most major cryptocurrencies.

Finally, Hong Kong exchange Binance was hit by rumours of a major hack earlier this week.

These price gyrations took place as markets and those trading within them responded to a series of major global developments, including the decision by UK voters to exit the European Union, the hack of bitcoin exchange Bitfinex, and the halving of bitcoin's mining reward, which reduced the number of new bitcoins produced in each transaction block from 25 BTC to 12.5 BTC.

An example in the pitch deck illustrates the fund's skill in «Bitcoin crisis investing,» a Buffett - like concept of investing when others are fearful: When Bitfinex, a major cryptocurrency exchange, was hacked last summer, the price of Bitcoin swiftly plunged more than 20 % to under $ 550, and MetaStable took the opportunity to double its Bitcoin position within the next few hours.

Last August's hacking of major exchange, Bitfinex, resulted in a loss of 120,000 bitcoins, worth $ 72 million USD at the time.

«As security threats such as virtual currency speculation and hacking on handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges has been found to be very weak,» Korea Communications Commission chairman Lee Hyo - Sung said.

In an unfortunate turn of events, major exchange Bitfinex was hacked and suffered significant losses.

However, the recent major hack of Coincheck is playing out differently as the Japanese exchange announces it will pay back $ 425

«Very little needs to happen before that bubble might burst, such as the introduction of more regulation or another hack of a major cryptocurrency exchange,» Salami says, referring to the hacking of a high - profile digital currency exchange in Seoul, which went bankrupt in late December.

Apart from the risk of centralized exchange getting hacked and users loosing all of their wealth, high fees for cryptocurrency trading is also one of the major issues that we face in the cases of centralized cryptocurrency exchanges.

Whether a major exchange has been hacked, the price of Bitcoin is moving, a promising new ICO is launching, or cutting - edge blockchain technology is being developed, our blog will keep you up to date on the latest information in the realm of Bitcoin and cryptocurrency news.

A relatively obscure Italian cryptocurrency exchange is claiming a major hack involving Nano tokens but critics are calling it an exit scam.

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.

«While the security threats such as virtual currency speculation and hacking of handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges is very weak,» warned the chairman of the Korea Communications Commission in announcing the fines.

Multiple hacking attempts, both successful and unsuccessful, have also plagued the major exchanges and called into question whether existing regulatory measures are enough.

Under Australia's current laws, a major hack of a cryptocurrency exchange will be met with similar challenges as those facing the Japanese authorities in the wake of the Coincheck theft.

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.

Following the recent major hack of Japanese cryptocurrency exchange Coincheck, the country's financial watchdog is taking measures to ensure and improve the industry's security.

The recent Monex 100 % acquisition of crypto exchange Coincheck, which suffered a major hack in January, sets a new example for compromised crypto exchanges.

They don't seem to have experienced any major hacks or other negative events in that time, which is good going by crypto exchange standards.

Experts: «South Korean Exchanges Woefully Exposed to Hacking Risks» Chosun Ilbo reports that South Korea's cryptocurrency exchanges could be next in line for a major, Coincheck - scale hack if they do not take immediate steps to bolster Exchanges Woefully Exposed to Hacking Risks» Chosun Ilbo reports that South Korea's cryptocurrency exchanges could be next in line for a major, Coincheck - scale hack if they do not take immediate steps to bolster exchanges could be next in line for a major, Coincheck - scale hack if they do not take immediate steps to bolster security.

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.

About confidence, he stated that more robust bounce - backs from issues such as exchange hacks are a major step forward compared to how the community behaved in the past.

It has been a week since a major Japanese cryptocurrency exchange, Coincheck, was hacked for 58 billion yen (~ USD$ 530 million) worth of NEM.

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.

Major Japanese cryptocurrency exchange Coincheck has announced that it will reimburse the accounts of the 260,000 customers who lost XEM tokens in a recent hack at a rate of roughly 81 U.S. cents per unit.

Recently, there were reports that the company may be rethinking its bitcoin strategy following the recent hack of a major Japanese cryptocurrency exchange.

This was highlighted recently by the hacking of major Tokyo exchange, CoinCheck.

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.

«While the security threats such as virtual currency speculation and hacking of handling sites are increasing, the actual situation of personal information protection of major virtual currency exchanges is very weak.

However, these exchanges are not hack - proof, and in fact, BitFinex was a target of a major hack in 2016 that in some cases, wiped out individual's entire savings.

Ceres has a partnership deal with Coincheck, another Japanese exchange that was last week was hit by a major hack.

One of the biggest cryptocurrency exchange platforms in Japan has confirmed it experienced major hack today's morning, losing $ 530 million in NEM tokens.

Also, given the size of most major cryptocurrency exchanges, it is irresponsible to suggest the possibility of hacking attacks or security breaches without hard evidence.

Major Japanese cryptocurrency exchange Coincheck has announced that it will reimburse the accounts of the 260,000 customers who lost XEM tokens in a recent hack at...

Very little needs to happen before that bubble might burst, such as the introduction of more regulation or another hack of a major cryptocurrency exchange.

The recent brief correction was caused by a combination of four factors: Japan's crackdown on small exchanges, Binance hack rumors, SEC's announcement to exchanges, and major cryptocurrencies failing to meet key resistance levels.

News Major Japanese cryptocurrency exchange Coincheck has announced that it will reimburse the accounts of the 260,000 customers who lost XEM tokens in a recent hack at a rate of roughly 81 U.S. cents...