Sentences with phrase «theft at cryptocurrency exchange»

The NEM Foundation has called off the hunt for the more than 500 million XEM tokens stolen in connection with a record - setting theft at cryptocurrency exchange Coincheck, as cybersecurity experts believe most or all of the funds have been laundered by the hackers.

Yes, there's a long history of thefts at cryptocurrency exchanges and wallets, dating back to the infamous robbery of Tokyo - based Mt. Gox in 2014.

Not exact matches

Though some media outlets have reported the theft as the greatest in the history of cryptocurrency, the value at press time of the 650,000 bitcoin (a conservative estimate) that were stolen from the MtGox exchange, which was headquartered in the same Tokyo neighborhood as Coincheck, totaled over $ 7 billion.

And Japan suspended two cryptocurrency exchanges, in a move aimed at boosting security in the market after the theft of millions of dollars in digital currency earlier in the year.

The first known North Korean cryptocurrency operation occurred in February 2017, with the theft of $ 7 million (at the time) in cryptocurrency from South Korean exchange Bithumb.

Japanese authorities have cast a severe look at cryptocurrency exchanges after last week's theft of $ 530 million from 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 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.

BitGrail, the Italy - based cryptocurrency exchange that experienced a theft of 17 million NANO (XRB)-- about $ 153 million at current exchange rates, has posted an update today regarding the hack.

The first known North Korean cryptocurrency operation occurred in February 2017, with the theft of $ 7 million (at the time) in cryptocurrency from South Korean exchange Bithumb.

Currently cryptocurrencies like Bitcoin, Ethereum, Litecoin, etc. are traded at large exchanges, which follow the traditional logic of centralization, with a single point of failure for corruption, information - theft, fraud, coercion, robbery, and so on.

Other news headlines — Russia hope to recognize bitcoin and other cryptocurrencies in 2018; Qatar's Commercial Bank Unveils Blockchain Remittance Pilot; Exchange Bug Discovery Averts Ethereum Token Theft; Over-regulation of fintech firms hogs limelight at forum; Is 2017 the year of RegTech; UK Finance Watchdog: No Need to Rewrite Rules for DLT; Chinese exchange OKCoin released a statement today informing users about the updates on KYC / AML policies — its been almost 2 months since Chinese exchanges were suspended by the Peoples Bank oExchange Bug Discovery Averts Ethereum Token Theft; Over-regulation of fintech firms hogs limelight at forum; Is 2017 the year of RegTech; UK Finance Watchdog: No Need to Rewrite Rules for DLT; Chinese exchange OKCoin released a statement today informing users about the updates on KYC / AML policies — its been almost 2 months since Chinese exchanges were suspended by the Peoples Bank oexchange OKCoin released a statement today informing users about the updates on KYC / AML policies — its been almost 2 months since Chinese exchanges were suspended by the Peoples Bank of China.

The outlet also reports that, per the president of the Asia Fintech Society, «Regardless of how it plays out, the Coincheck theft is likely to push policymakers to enforce stricter security requirements at cryptocurrency exchanges.»

The news comes days after it was announced that the FSA will conduct on - site inspections at 15 unlicensed cryptocurrency exchanges in light of the Coincheck theft.

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 rising value of Bitcoin and other cryptocurrencies have been an incentive for criminals but until now has been contained to online attacks such as the massive hacking theft at Japanese cryptocurrency exchange, Coincheck.

At a news conference on Thursday, the Tokyo - based cryptocurrency exchange company said that all of the 260,000 users impacted by the theft of XEM, a cryptocurrency of the NEM blockchain platform.