Sentences with phrase «see coincheck»

The decision to accept the bid was reportedly made today, a move which will see Coincheck reshuffle its management as the exchange continues its recovery effort after suffering a $ 530 million theft in NEM tokens in January — the largest cryptocurrency exchange theft of all time.

The transaction will see Coincheck become a wholly owned subsidiary of Monex.

The publication said the deal would see Coincheck founding president Koichiro Wada and chief operating officer Yusuke Otsuka step down.

That's in direct response to Japan's Financial Services Agency, which requested that the exchange make changes in the wake of the January hack — which saw Coincheck reimburse affected users.

Not exact matches

The price of Bitcoin has seen a roughly 5 % bump in the last day, and the cause appears to be a potential rescue for the hacked cryptocurrency exchange Coincheck — from financial services company Monex.

The takeover will see the brokerage's COO, Toshihiko Katsuya, assume the role of president at Coincheck.

The Japanese cryptocurrency exchange Coincheck has been robbed of around 500 million NEM tokens in one of the largest heists the space has ever seen.

Indeed, Mr. Pouncey particulars, «The market has seen a number of acquisitions of crypto exchanges from monetary companies reminiscent of Goldman Sachs backed Circle buying Poloniex, Monex Group buying Coincheck, and Yahoo Japan shopping for a 40 % stake in Bitarg Exchange Tokyo.»

Two Japanese cryptocurrency exchanges are reportedly quitting their operations amid tighter oversight from authorities following the Coincheck hack, which saw the theft of $ 530 million in January.

The heist of Coincheck has been described as the biggest the cryptocurrency market has ever seen, even surpassing the implosion of Mt Gox back in 2014.

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.

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.

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.

The heist of Coincheck has been described as the biggest the cryptocurrency market has ever seen, even surpassing the implosion of Mt Gox back in 2014.

After the historical Coincheck hack in January that saw the loss of 530 million dollars worth of cryptos, the Financial

The Coincheck theft is just one of many high - profile cryptocurrency heists we've seen in the past few months.

(See also: Coincheck May Have Suffered The Worst Hack In Cryptocurrency History).

The management reshuffle will also see Monex COO Toshihiko Katsuya take over as president of Coincheck, with Monex Group president Oki Matsumoto joining Coincheck's new board.

In recent weeks we have seen established players Coincheck and Bitbank add more crypto assets to their exchanges, namely LTC, ETH, and DASH.

Coincheck, which has already begun distributing reparations to customers impacted by the NEM theft, has seen struck with two business improvement orders from the Financial Services Agency (FSA), the country's» financial regulator.

NEM's rally has correlated with Japanese cryptocurrency exchange Coincheck's announcement that it was beginning to refund customers who lost NEM tokens (XEM) as a result of the January theft that saw hackers abscond with more than 500 million XEM.

Ever since the $ 500 million hack of Japan's Coincheck cryptocurrency exchange came to light earlier this year in January, Japan's financial watchdog The Financial Services Agency (FSA) has been seen cracking down the whip on local cryptocurrency exchanges.

As the dust settles on Japanese exchange Coincheck's $ 530mln hack, Mateos Y Lago nevertheless saw little reason to discard cryptocurrency investment entirely.

After the historical Coincheck hack in January that saw the loss of 530 million dollars worth of cryptos, the Financial Services Agency (FSA), Japan's financial watchdog, intervened and halted Coincheck operations until it implemented mechanisms to prevent money laundering and enhance protection for client assets» protection.

A renewed bit of optimism was seen across the market on Tuesday, after reports suggesting regulated Japanese online broker Monex Group, are readying a bid for Japanese exchange Coincheck.

NEM, the only coin which Coincheck halted its deposits has seen a sharp decline in the past 24 hours though still occupying the 10th spot on the coin market capitalization.

Coincheck said in January that roughly 260,000 customers were affected by the heist, which is now regarded as the biggest the crypto market has ever seen.

Coincheck executives said they were exploring possible ways to offer compensation for affected customers, though details on how that compensation will be offered and to what extent it will cover the losses is yet to be seen.

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.

Japanese online broker Monex Group said Friday it would buy virtual currency exchange Coincheck, which was hit by a massive hack that saw thieves steal hundreds of millions of dollars in virtual...

We have seen this scenario play out time and time again at companies like Mt. Gox, Bitfinex and Coincheck.

Money Group sees 10 - year high share prices today after the brokerage announced that it would be paying ¥ 3.6 bn ($ 33.5 m) for Coincheck, a Japanese cryptocurrency exchange that deals primarily in Bitcoin.

At the time Coincheck was extremely pleased to see the Japanese statutes pass and said the «newly made law and regulations on bitcoin are going be enormous.»

The token was involved in a huge cryptocurrency heist in January, which saw hackers steal about 500 million XEM tokens, worth roughly $ 430 million, from Japanese exchange Coincheck.

The only cryptocurrency not seeing price gains is NEM, the digital asset tied to the recent Coincheck breach.