Sentences with phrase «with coincheck»

Investor sentiment has improved with the Coincheck reimbursements, and in further good news, Binance have added new XEM currency pairs.

Vice President of NEM Foundation Jeff McDonald, has said that they would be cooperating with Coincheck in the further investigative process but denied the possibility of any «hard fork» where administrators change the transaction history in order to restore the previous status before any sort of unauthorized access.

Ceres has a partnership deal with Coincheck, another Japanese exchange that was last week was hit by a major hack.

We're actively working with Coincheck and other exchanges to ensure proper handling of this breach.

The Degawa ads began running in early December and had enjoyed enormous success, with Coincheck experiencing a tenfold rise in the amount of new accounts opened following the campaign's launch.

By acquiring Coincheck, along with Coincheck's client base and information systems, the brokerage firm is now on the fast track to getting into the cryptocurrency exchange business.

Let's start with Coincheck.

What may also be keeping crypto markets relatively more propped up today than they were following the Mt. Gox hack is the fact that there are more players in the market today, with Coincheck being just one of many exchanges, and NEM being only one of many cryptocurrencies.

After the hacking incident with Coincheck, the Japanese regulator made it clear that it would conduct a more thorough check of applicants» security systems in order to ensure the safety of customer funds.

A total of 850 000 BTC disappeared along with mt.Gox, more than $ 400 mln with Coincheck.

The deal is a reaction of the NEM hack, with Coincheck recognizing that it needs to strengthen its management system and organization as a whole.

Hacks, such as Mt Gox, Bitfinex, and even recently with Coincheck, show that there are still plenty of dangers in trading outside of the government's eye.

The country, which has more than 3.5 million digital currency investors, is considered a crypto - friendly location; however, the issue with Coincheck has highlighted to authorities that more needs to be done to maintain a secure industry in Japan.

According to McDonald, the vulnerability that made the theft possible had to do with Coincheck's decision to keep the NEM tokens in a hot wallet, which is effectively a storage mechanism connected to the internet.

What may also be keeping crypto markets relatively more propped up today than they were following the Mt. Gox hack is the fact that there are more players in the market today, with Coincheck being just one of many exchanges, and NEM being only one of many cryptocurrencies.

Not exact matches

Coincheck, stung by the theft of $ 530 million of digital money last month, is expected to file a report with regulators on the hacking.

Japan's Financial Services Agency surprised the operators of Coincheck with an unannounced visit to the cryptocurrency exchange's office, and said that it had warned the firm to beef up its security measures in advance of the theft of over 500 NEM tokens in January.

Nikkei Asian Review reported Monday that Coincheck was targeted with «suspicious traffic» for weeks leading up to the Jan. 26 heist.

A $ 530 million hack of Japanese cryptocurrency exchange Coincheck late last week has also weighed on the market, along with a subpoena U.S. regulators sent to two of the world's biggest cryptocurrency players, Bitfinex and Tether.

Last month, hackers made off with more than $ 400 million worth of NEM tokens stolen from Coincheck, a Japan - based cryptocurrency exchange.

In the wake of a January heist to the tune of more than $ 500 million from the exchange Coincheck, Japan's financial watchdog, the Financial Services Agency (FSA), stepped up efforts to ensure that exchanges operate in compliance with the country's laws.

In January, cyber criminals made off with around $ 530 million worth of NEM tokens following an attack on Coincheck, a Japanese exchange.

An article by Bloomberg relates that Coincheck had applied for a license with Japan's Financial Services Agency.

The new owner of Japan's Coincheck exchange, Monex Group, says creating its own blockchain with an ICO to follow is on its radar.

Once under Monex ownership, the broker said its senior executive officer Toshihiko Katsuya will take over as president of Coincheck, with Wada and Otsuka reportedly staying on at the firm in lower - level executive roles.

Few weeks after the massive $ 500 Million Coincheck hack, the company has come forth with a novel excuse which caused the issue: Lack of experienced engineers.

While Coincheck did have this significant loss as a result of theft, the acquisition by Monex Group will only be a good thing going forward with their involvement in the blockchain space.

According to the press convention, Coincheck plans to proceed working and restart the buying and selling options (presently solely obtainable for BTC), however with out giving any type of readability as to what their plans are when it comes to reimbursing their affected prospects.

«NEM is renouned interjection to the clever subsidy of the height from the Zaif exchange, one of the biggest exchanges in Japan along with bitFlyer and coincheck.

Around the same time, the FSA additionally issued business change requests to five different trades, including Coincheck, which had just been slapped with a business change -LSB-...]

Coincheck has applied for a license with the FSA, but it first needs to improve its services before it has any chance of receiving one.

With Pyongyang's hand suspected in the Coincheck attack as well, Southern intelligence reportedly plans to team with overseas counterparts to defend against North Korea's international hacking operatiWith Pyongyang's hand suspected in the Coincheck attack as well, Southern intelligence reportedly plans to team with overseas counterparts to defend against North Korea's international hacking operatiwith overseas counterparts to defend against North Korea's international hacking operations.

South Korea's Yonhap News Agency cited parliamentary sources in reporting Monday on the North's suspected involvement in the Jan. 26 heist, in which hackers made off with 58 billion yen ($ 526 million) worth of the cryptocurrency NEM from Japan's Coincheck.

Coincheck is set to regain its place in the Japanese market with the help of Monex's resources and manpower as it recovers from a crippling $ 534 million USD hack.

This was followed by a single withdrawal of 500 million NEM, with the altcoin's foundation president Lon Wong then tweeting «It's unfortunate that coincheck got hacked.

The Tokyo Metropolitan Police Department has deployed about 100 police officers to analyze records of suspicious access to the Coincheck server and possible connections with the NEM theft.

The Coincheck heist emphasized the risks with which policymakers are confronted with when regulating cryptocurrency trading.

Filed Under: General News, News Tagged With: Coincheck, cryptocurrency, Donald Trump, exchanges, news, news in brief, Petro, regulations, Twitter, United States, Venezuela

In January, Japanese exchange Coincheck reported that hackers made off with $ 530 million in virtual cash.

Japanese crypto exchange Coincheck, made famous after hackers made off with more than $ 400 million in digital token NEM, has been acquired.

Coincheck said that no matter how hard it tried, it simply couldn't hire workers with the skills to seal gaps in security.

When cryptocurrency exchange Coincheck Inc explained how hackers made off with $ 530 million in digital money, it said part of the problem was beyond its control: Japan's lack of software engineers.

TOKYO (Reuters)- When cryptocurrency exchange Coincheck Inc explained how hackers made off with $ 530 million in digital money, it said part of the problem was beyond its control: Japan's lack of software engineers.

Another report from Nikkei Asian Review indicates that Monex has aired plans to obtain regulatory approval for Coincheck, with the aim of a June relaunch.

Coincheck is one of Japan's most popular virtual currency exchanges, along with Tokyo - based BitFlyer.

Since the Coincheck heist, in which hackers did away with $ 500 million in cryptocurrencies, the FSA has been actively assessing crypto exchanges operating in Japan.

Coincheck is currently not registered with Japan's financial services authority which is the main hub for controlling all the exchanges across the country.

Coincheck Lending offers four possible plans, each with a different timeframe and interest rate.

News Coincheck, the Japanese exchange that lost ~ $ 550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash.

All verified Coincheck users are able to use the new lending service provided they agree with the company's loan consumption agreement.