Sentences with phrase «platform coincheck»

Companies like BitFlyer and BITPoint say they are increasing the use of cold wallets and multisignature wallets to avoid a repeat of last month's 526 million XEM raid on rival platform Coincheck.

Japan's latest bitcoin startup is multi-services platform Coincheck, which offers an exchange, wallet and a new system for e-commerce.

Japanese Industry Groups Promise Tighter Self - regulation as Experts Warn of Gov» t Regulations Leading lights of the Japanese cryptocurrency and blockchain scene have declared their intention to work together to prevent further hacks, following a massive 526 million XEM hack on exchange platform Coincheck last week.

As reported earlier on Cryptonews.com, brokerage Monex Group was yesterday said to be considering the purchase of a controlling stake in beleaguered cryptocurrency exchange platform Coincheck.

But notably, the buyer's manual claims that «the PTR token will work on the chain of NEM blocks» during its pre-sale, referring to the blockchain network launched in 2015 that saw more than $ 500 million of its cryptocurrency stolen from exchange platform Coincheck in late January.

On Tuesday, Japanese cryptocurrency platform Coincheck Inc. said it would refund its clients $ 435m after a January 26 hack of pilfered cyber assets.

Not exact matches

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.

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.

Concerns are swirling around even legitimate digital currency platforms, after Coincheck — one of Japan's biggest exchanges — lost some $ 530 million in an apparent hack last week.

Should the deal occur, pending approval by Japan's Financial Services Agency (FSA), Coincheck's management team would reportedly be replaced and the exchange platform rebuilt.

Other events, such as Facebook banning crypto - related ads on its platform, the world's biggest cryptocurrency heist worth $ 530 million dollars in Japan's crypto - exchange Coincheck and the US SEC announcing investigations against ICOs all worked towards pushing down the prices of cryptocurrencies across the board.

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...

«We would like to offer our sincerest apologies to our customers, other exchanges, and everyone else affected by the illicit transfer of NEM which occurred on our platform,» Coincheck says.

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The deal will allow Monex to access Coincheck's trading platform and customer base.

Coincheck Pulls Plug on Popular Advertising Campaign In further Coincheck news, the platform has removed dozens of advertising images and videos featuring popular comedian Tetsurō Degawa in the wake of last week's huge hack.

The country's financial regulator has increased its scrutiny of exchanges and trading platforms following the $ 530 million hack of Tokyo - based exchange Coincheck in late January.

Exchanges like DMM, bitFlyer, and Coincheck have all placed adverts on social media platforms like Facebook and the rest, as well as on television stations in Japan.

Labeling the three cryptocurrencies «a big security risk» due to their money laundering potential, Coincheck will remove them from its trading platform in spite of them having large market capitalizations.

DMM Bitcoin, Bitflyer and Coincheck «have all advertised on web platforms such as Youtube, Facebook, and Instagram.

Coincheck, one of the major cryptocurrency exchanges, has today removed some cryptocurrencies from its trading platform Monero included.

Since then Coincheck has been struggling to keep customers who lost trust in the platform.

According to the report, among the total 32 cryptocurrency exchanges, Coincheck is currently one of the 16 platforms that are not formally registered with the FSA because the operation started before the cryptocurrency law went into effect last April in Japan.

Coincheck, a Tokyo - based cryptocurrency exchange, confirmed earlier this year that it suffered a security breach that resulted in as much as $ 533 million worth of digital tokens being stolen from the platform.

According to local reports, Coincheck executives confirmed that about 58 billion yen (about $ 533 million) worth of NEM tokens were stolen from the platform — though the company admitted to not knowing the full extent of the breach yet.

On 23 March the largest bitcoin exchange in Japan — Coincheck added ETH to their platform, Korbit following it on 25 March in South Korea.

The time from when Coincheck suspended new purchase and sales of NEM on its platform Friday to when it announced the reparation policy Saturday was the period for which the weighted average was calculated.

The latest is a multi-service bitcoin platform called Coincheck, which offers a wallet, exchange and merchant payment system.

Coincheck swiftly suspended both customer deposits and withdrawals for all supported assets (excluding Bitcoin) and it is now investigating its losses in NEM, a lesser - known cryptocurrency platform launched in 2015.

In a press conference Thursday, Coincheck CEO Koichiro Wada and COO Yusuke Otsuka said that the platform will release more details of the compensation process in the next few days.

After being aware of the matter, Coincheck immediately suspended trading activities on its platform.

Coincheck was reportedly not one of the platforms that was licensed by the Financial Services Agency.

Coincheck confirmed on Friday that more than $ 400 million worth of NEM was lost after the tokens were routed «illicitly» outside the platform.

Yuji Nakamura, a technology reporter based in Japan, reported that the Coincheck trading platform had not implemented multi-signature technology, stored all of the hacked funds in a hot wallet, and that the developers of Coincheck were still not sure how the exchange was hacked.

This time the compromise came from the Japanese trading platform, Coincheck, as the platform has reportedly lost between $ 400 - 534Mn USD worth of the cryptocurrency NEM on January 26.

Coincheck handles a lot of bitcoin trade volume as the trading platform swapped 97,502 BTC over the past 24 - hours.