The only cryptocurrency not seeing price gains is NEM, the digital asset tied to
the recent Coincheck breach.
Furthermore, the FSA adds it will continue its scrutiny of cryptocurrency exchanges, with warnings if necessary, in the aftermath of
the recent Coincheck theft.
Because of the technology NEM has developed in light of
the recent Coincheck hack, it has become significantly difficult for the hackers to do anything with the funds.
Yet, as the total market capitalization of cryptocurrencies continues to increase (now above $ 4 billion), the most
recent Coincheck hack may finally be a wake up call for crypto investors and holders.
A group of Japanese cryptocurrency exchanges is reportedly uniting to form a new self - regulatory body in the wake of
the recent Coincheck hack.
The most
recent coincheck hacking was worth 500 million, a record, and it is this which has caused Japan to act.
Not exact matches
Japanese digital currency exchange
Coincheck has announced plans to compensate hundreds of thousands of traders exposed to the
recent theft of NEM (XEM) cryptocurrency.
Mastercard CEO Ajay Banga spoke about his
recent travels to Asia and mentioned the fallout from Tokyo - based
Coincheck's $ 530 million NEM hack.
The early example of Mt. Gox and the most
recent hacking of
Coincheck serve as serious warnings to prospective cryptocurrency investors to look into the exchange's security protocol.
The study was released in an effort to bring more transparency to the country's cryptocurrency space in light of the
recent exchange hack of
Coincheck, where $ 530 million worth of cryptocurrency was stolen by hackers.
Announced at the first meeting of a cryptocurrency exchange study group established by the FSA in early March, the data release marks the latest effort by the financial watchdog in bringing greater transparency to the industry following a
recent hack of one of the domestic exchange
Coincheck.
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.
Japan's Financial Services Agency is conducting an on - site inspection at
Coincheck to see if it can afford to compensate victims of its
recent hack.
Since
Coincheck partially resumed business activities following its
recent hack, investors have flocked to withdraw millions from the exchange.
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.
TOKYO (The Japan News / ANN)- The Financial Services Agency is debating whether to allow the registration of quasi-operators of cryptocurrency exchanges, in the wake of the
recent massive theft of digital currency from exchange service provider
Coincheck Inc..
Japan's
Coincheck exchange reinstated Japanese yen withdrawals yesterday and investors are already flocking to take out their funds following the firm's
recent hack.
The significant amount of Japanese yen withdrawn Tuesday may signal decreasing levels of confidence among
Coincheck's existing customers following the loss, as well as amid
recent scrutiny by Japan's financial regulator, the Financial Services Agency (FSA).
Japanese crypto exchange
Coincheck announced that it would reimburse roughly $ 425 million to its users affected by the
recent hack.
However, the
recent major hack of
Coincheck is playing out differently as the Japanese exchange announces it will pay back $ 425
The most notable
recent hack was against
Coincheck, with a reported loss of 500 million NEM, equivalent of $ 530 million USD.
Those five exchanges are Tech Bureau, GMO Coin, Mister Exchange, Bicrements as well as
Coincheck, the exchange at the center of a
recent $ 500 million heist that sparked the ongoing probe by the agency.
This news comes in hot off the hack of Tokyo - based exchange
Coincheck's
recent loss of around $ 534 million worth of cryptocurrency to hackers — which is hardly the first time criminals have made off with digital currencies.
The reports suggest that Monex Group in Japan, will look at bidding a few billion worth of Yen, as early as this week, with plans to revamp the management team at
Coincheck, particularly on the back of the
recent hack.
Japanese digital currency exchange
Coincheck has announced plans to compensate hundreds of thousands of traders exposed to the
recent theft of NEM (XEM) cryptocurrency.
News Japanese cryptocurrency exchange
Coincheck is reportedly considering a capital tie - up in order to regain the trust of crypto investors, following a
recent hack where 58 billion yen worth of cryptocurrency was lost.
Compared to the
recent $ 400 million worth of NEM that was removed from Japanese exchange
Coincheck, or the collapse of the massive suspected Ponzi scheme Bitconnect (sorry, BIIIIIT - COOO - NEEEEEEEECT), Prodeum's apparent ill - gotten gains barely register.
A report in Nikkei Asia on North Korea's cyber activities sheds light on the rash of attacks on cryptocurrency exchanges in Asia, including the
recent hack of
Coincheck in Japan.
Japanese cryptocurrency exchange
Coincheck is reportedly considering a capital tie - up in order to regain the trust of crypto investors, following a
recent hack where 58 billion yen worth of cryptocurrency was lost.
Though true in some instances, considering the
recent BitGrail exchange failure and
Coincheck exchange hack, recommended practices typically include storing cryptocurrency on wallets to which each individual controls his or her own private keys, and opting for hardware wallets for an added security layer.
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.
In other
recent exchange updates,
Coincheck has enabled the ability to directly deposit and send Zcash, Litecoin, DASH, and Monero as well as all the other cryptocurrencies listed on the exchange.
What do you think about
Coincheck preparing to resume operations after the
recent hack?
In
recent weeks we have seen established players
Coincheck and Bitbank add more crypto assets to their exchanges, namely LTC, ETH, and DASH.
The
recent Monex 100 % acquisition of crypto exchange
Coincheck, which suffered a major hack in January, sets a new example for compromised crypto exchanges.
Japanese online brokerage firm Monex is reportedly considering a buyout of Tokyo - based
Coincheck, the cryptocurrency exchange at the center of the
recent $ 530 million NEM theft.
«The agency fears another
Coincheck - style hack,» it stated after
recent inspections of all crypto...
Japan Remains Optimistic About Cryptocurrencies Despite
Coincheck Heist and
Recent Price Woes NewsBTC
hotforsecurity.bitdefender.com - Following the
recent hack of Japanese exchange service
Coincheck, $ 534 million worth of cryptocurrency was stolen from the company's «hot wallet».
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.
Most notably, the
recent hack of
Coincheck sent a shock wave through the crypto world — with roughly $ 530 million in funds stolen from the Japanese cryptocurrency exchange.
Nicehash, Parity, and to a degree the exchange
Coincheck are all
recent glaring examples of costs involved in not having the security side of hot, even multi-sig, wallets down.
Japan's two primary cryptocurrency industry groups are merging to form a new self - regulatory entity following the
recent $ 530 million hack of Tokyo - based exchange
Coincheck.
For instance, last week on Friday
Coincheck, a company in Tokyo was the
recent victim of hacking with coins worth $ 534 million being stolen.
After the
recent hack of Japanese exchange «
Coincheck» which reported $ 500 million of investor's funds being stolen, the Japan financial watchdog — The Financial Service Agency (FSA) is seen performing on - site checks to make sure that the exchanges are following all the anti-money laundering rules and taking necessary security measures at their end.
Coincheck has promised to refund all 523 mln NEM stolen in
recent hack, faced by support from local community.
Cointelegraph
Coincheck has promised to refund all 523 mln NEM stolen in
recent hack, faced by support from local community.
Japan is moving ahead and due to a
recent change in law, big banks will now be pouring tens of millions into start up companies while
Coincheck Denki is a service offering their Japanese clients to pay their utility bills through them... a trend we...
The plan is to fast - track a self - regulatory environment to better secure investors, particularly in the wake of the
recent hack of Tokyo - based exchange
Coincheck where some $ 530 million in NEM tokens was stolen less than a month ago.
Nick Chong · April 5, 2018 · 3:00 am Monex Group's
recent announcement of an acquisition of
Coincheck has been approved by both parties.