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...
TOKYO (Sputnik)- Japan's Financial Services Agency launched an inspection of the office of
virtual currency exchange Coincheck in Tokyo after a computer hack that had resulted in the theft of cryptocurrency, NHK broadcaster reported.
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.
Not exact matches
The trading hype has persisted despite a massive hack of Tokyo - based
exchange Coincheck in January that resulted in losses of about 58 billion yen ($ 533 million) worth of
virtual currency, according to Coindesk.
In Japan, a large
virtual currency exchange,
Coincheck, was hacked in late January and lost nearly $ 500 million worth of a
virtual currency known as NEM, raising questions about the relatively untested security practices of
virtual currency exchanges.
TOKYO (The Japan News / ANN)- Troubled
virtual currency exchange operator
Coincheck Inc. has decided to seek a fresh start under the umbrella of online brokerage Monex Group Inc..
Coincheck is one of Japan's most popular
virtual currency exchanges, along with Tokyo - based BitFlyer.
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This decision came in response to the media reports which suggested that the company might just halt its plan of accepting
virtual currencies in the aftermath of hacking of
Coincheck — one of the biggest crypto
exchanges in Japan.
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Last month, hackers stole $ 530 million in
virtual currency from
Coincheck, one of Japan's largest cryptocurrency
exchanges.
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September 26, 2017 Kevin Helms Bitcoin
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All eyes are on Japanese cryptocurrency
exchange Coincheck in the aftermath of what has become the biggest hack in
virtual currency history — eclipsing the Mt. Gox hack of 2014.
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Coincheck also said it will continue its efforts to seek registration of
virtual currency exchanges to the Financial Services Agency.