v3.co.uk - The «dear leader» and his top brass need to maintain their lifestyles, one way or another South Korean spies have launchedaninvestigationintoclaims that North Korea was behind the $ 533 millionhack
on the Coincheck cryptocurrency exchange.
The student he allegedly attempted to capitalize on a major hack
on Coincheck's NEM wallets in January this year.
As reported by Bloomberg around 10 FSA performed the investigation
on Coincheck's premises in order to get a better understanding of its operations.
NEM also responded favorably on a global scale, with a nearly 30 percent jump
on Coincheck's announcement, according to Coinmarketcap.
Several Japanese cryptocurrency exchanges have joined forces to form a self - regulatory body in an effort to better protect investors following last month's attack
on Coincheck, which resulted in the loss of hundreds of millions of dollars.
Japan's financial regulator undertook the revisions in the wake of the attack
on Coincheck in January.
The FSA has been scrutinizing exchanges» security networks and customer support systems in the wake of a massive hack
on Coincheck wallets in January.
The half a billion dollar theft in Japan
on the Coincheck Exchange could be a cautionary tale for Taiwan, which has been looking to possibly fill the cryptocurrency void in Asia following the crackdowns in China and South Korea.
Several Japanese cryptocurrency exchanges have joined forces to form a self - regulatory body in an effort to better protect investors following last month's attack
on Coincheck, which resulted in the loss of hundreds of millions of dollars.
In January, cyber criminals made off with around $ 530 million worth of NEM tokens following an attack
on Coincheck, a Japanese exchange.
Not exact matches
Coincheck, stung by the theft of $ 530 million of digital money last month, is expected to file a report with regulators
on the hacking.
In the latest development in the saga, Japanese financial regulators
on Monday indicated that they had plans to enforce «administrative punishment» against
Coincheck following the massive hack, Reuters reported.
Japan's Financial Services Agency (FSA) said it ordered
Coincheck to submit a report
on the hack and measures for preventing a recurrence by February 13.
Japan's government said
on January 29 it would impose administrative measures
on virtual currency exchange
Coincheck after hackers stole hundreds of millions of dollars in digital assets from the Tokyo - based firm.
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.
On April 5, it was reported that the Japanese cryptocurrency exchange Coincheck, which was robbed of some 523 million NEM tokens on January 26, decided to accept an offer from online brokerage Monex Group to acquire the beleaguered fir
On April 5, it was reported that the Japanese cryptocurrency exchange
Coincheck, which was robbed of some 523 million NEM tokens
on January 26, decided to accept an offer from online brokerage Monex Group to acquire the beleaguered fir
on January 26, decided to accept an offer from online brokerage Monex Group to acquire the beleaguered firm.
In a January 26 video, NEM Foundation vice president Jeff McDonald said that he does not want to speculate
on whether
Coincheck will be able to reimburse all affected parties.
Coincheck, the Japanese cryptocurrency exchange that was recently robbed of some 523 million XEM (as tokens
on the NEM blockchain are called) has been instructed by the country's Financial Services Agency (FSA) to prepare a report
on the incident, according to a press release
on the exchange's website.
On the first day that the cryptocurrency exchange
Coincheck allowed its customers to withdraw fiat money from the platform since a major theft last month, users took out a staggering sum of over 40 billion yen.
$ 400 Million Compromised
Coincheck confirmed
on Friday that...
A $ 530 million hack of Japanese cryptocurrency exchange
Coincheck late last week has also weighed
on the market, along with a subpoena U.S. regulators sent to two of the world's biggest cryptocurrency players, Bitfinex and Tether.
The acquisition comes after
Coincheck's security was penetrated
on January 26th, earlier
Coincheck plans to resume operations this week following a government - mandated freeze
on all trading activity.
Coincheck notes that technical safety and security concerns are foremost
on its mind, adding a final apology: «I'm sorry for the inconvenience this time.
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.
Coincheck personnel also told attendees that the only assets stolen were NEM tokens; that it intends to work
on refunding stolen customer funds, at least in part, though it is not yet sure how it might do this; and that the exchange had not been using NEM's multi-signature smart contract, which could have enhanced security.
On Tuesday, Japanese cryptocurrency platform
Coincheck Inc. said it would refund its clients $ 435m after a January 26 hack of pilfered cyber assets.
Hot
on the heels of their
Coincheck acquisition, Monex has stated that Japanese exchanges need to have tougher regulations in place.
The new owner of Japan's
Coincheck exchange, Monex Group, says creating its own blockchain with an ICO to follow is
on its radar.
Once under Monex ownership, the broker said its senior executive officer Toshihiko Katsuya will take over as president of
Coincheck, with Wada and Otsuka reportedly staying
on at the firm in lower - level executive roles.
The current hack of the
Coincheck trade likewise caused swells over worldwide markets and prodded a flood of administrative measures to fix security and client assurance
on trades.
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.
These embody Japanese
on - line dealer Monex Group acquiring
Coincheck, Yahoo Exchange buying a 40 % stake in BitARG Exchange Tokyo, and Goldman Sachs - backed Circle acquiring Poloniex.
Dear NEM Community,
On behalf of the NEM.io Foundation, we want to thank you for your ongoing support since January 26, when the
Coincheck exchange was a victim of theft.
South Korea's Yonhap News Agency cited parliamentary sources in reporting Monday
on the North's suspected involvement in the Jan. 26 heist, in which hackers made off with 58 billion yen ($ 526 million) worth of the cryptocurrency NEM from Japan's
Coincheck.
The company has been carefully considering the timing of its exchange's full launch based
on the hack of
Coincheck and the subsequent change in the business environment.
The FSA began cracking down
on cryptocurrency exchanges in Japan after one exchange,
Coincheck, was bilked out of $ 530 million in NEM (XEM) tokens.
Japanese Financial Authority Inspecting 32 Cryptocurrency ExchangesFollowing the hack, the FSA issued a business improvement order to
Coincheck and ordered it to submit a report by February 13
on the hack as well as measures for preventing a recurrence.
Japanese online brokerage firm Monex Group Inc said
on Tuesday it was considering buying
Coincheck Inc, the cryptocurrency exchange hit by a high - profile $ 530 million theft of digital...
According to Reuters: «Japan's financial regulator said
on Friday it had ordered all cryptocurrency exchanges to submit a report
on their system risk management, following the hacking of over half a billion dollars of digital money from
Coincheck.»
Coincheck representatives stated in an email that Nikkei's report
on the matter was not what the company planned
on announcing.
Monex Group Inc, a Japan - based online broker announced
on Tuesday that it was considering buying
Coincheck Inc, a local cryptocurrency exchange which lost $ 530 million in a high — profile theft earlier this year.
There has also been the incidence of hacks
on exchanges, the latest being the theft of roughly $ 532.9 million in digital money from Tokyo - based cryptocurrency exchange
Coincheck a few weeks ago.
In recent months, the FSA has been clamping down
on cryptocurrency exchanges in Japan following the January hack at Tokyo - based exchange
Coincheck, resulting in the theft of $ 530 million worth of NEM.
On a Friday morning in late January, the users of
Coincheck, a Japan - based cryptocurrency exchange, logged in to find their wallets empty of NEM tokens, a cryptocurrency specialized for payments and other financial services.
Japanese online brokerage firm Monex Group said
on Friday it would buy hacked cryptocurrency exchange
Coincheck for $ 33.59 million.
Japan's Financial Services Agency
on Friday ordered two cryptocurrency exchanges to suspend business for two months as it cracks down
on regulatory lapses following the massive theft of digital money at Tokyo - based
Coincheck.
Coincheck, the Tokyo - based cryptocurrency exchange that has been struggling to get back
on its feet since it suffered a devastating hack
on January 26, 2018, has agreed to accept a takeover bid by Monex Group, a Japanese online...
The NEM.io Foundation, a Singapore - based organization supporting NEM blockchain technology, says it has a full account of the whereabouts of
Coincheck's hacked NEM, tracing the currency
on the blockchain shared ledger.
Coincheck's president, Koichiro Wada, left, bowed in apology at a news conference in Tokyo
on Friday.