Japanese cryptocurrency firm Tech Bureau Corp’s Zaif exchange was hacked mid-month, where digital coin losses amounted to 7 billion yen ($60 million). Today, the country’s financial watchdog has accused the…
Continue ReadingNot long after the successful hacking attempts on crypto exchanges Bithumb and Coincheck, Japan’s Zaif was hacked, losing $60 million in user funds. All three exchanges were found to have…
Continue ReadingZaif, a major crypto exchange in Japan, was hacked this week, losing nearly $60 million in user funds in a high profile security breach. Local publications including Japan Times reported…
Continue ReadingJapan, often fondly referred to as the ‘Land of the Rising Sun’ has this year increasingly become the ‘Land of rising crypto theft,’ with a new report suggesting that the…
Continue ReadingAnother hacking attack has hit a known crypto exchange in Japan, and this time, thieves managed to steal around $60 million in crypto. Another Crypto Exchange Hack The popularity of…
Continue ReadingBarely before the ink had dried on the news that Japanese cryptocurrency exchange Zaif had been hacked and slightly less than US$60 million stolen, the National Police Agency (NPA) of…
Continue ReadingJapanese crypto firm FXcoin has recruited Deutsch Bank’s former foreign-exchange dealer, Yasuo Matsuda as a senior strategist for the cryptocurrency startup. According to Business Times. the Japanese cryptocurrency startup which…
Continue ReadingThe Financial Services Agency, the government agency that oversees banking, securities, and exchange services in Japan, plans to set up stricter requirements on cryptocurrencies and its use for speculative purposes.…
Continue ReadingBlockchain security firm CipherTrace recently reported that $731 million worth of cryptocurrencies were stolen from crypto exchanges during the first half of 2018. Last year, crypto exchanges recorded around $266…
Continue ReadingA new report has revealed that three times more cryptocurrency has been stolen from crypto exchanges so far in 2018 compared to 2017. Data security company CipherTrace, which released the…
Continue ReadingNobuchika Mori, Japan’s longest-serving regulator and chief of Japan’s Financial Services Agency (FSA) who is responsible for most of the crypto regulations imposed by the Japanese government, is expected to…
Continue ReadingThe Bitcoin bloodbath of 2018 continues as the leading cryptocurrency fell to a new yearly low of $5,885.41 and still descending. Marking an almost 50% price drop this quarter and down…
Continue ReadingFrom Coincheck to Bithumb: 2018’s Largest Security Breaches So Far On June 19, Bithumb, South Korea’s number one crypto exchange, was hacked. The attackers stole cryptocurrencies worth $30 million, making it…
Continue ReadingEarlier this month, it was revealed that Eric Cheng, a Singaporean entrepreneur, spent all of his life savings and sold his properties including two Rolls Royces, Lamborghini, Ferrari, and a…
Continue ReadingThe recent $30 Million hack of Bithumb has caused U.K. regulators to question the security of cryptocurrency exchanges, with exchanges operating in the U.K. coming under fire. 2018: The Year…
Continue ReadingJapan’s Financial Services Agency (FSA) will be taking administrative action against several registered cryptocurrency exchange operators in the country. These exchanges include Quoine, Bitbank, BITPoint Japan, BtcBox, and industry leader BitFlyer,…
Continue ReadingJapan’s financial regulator is reportedly getting ready to issue its first ever rejection of a business application to register a cryptocurrency exchange in the country. FSHO Ordered to Improve Operations…
Continue ReadingA recent hack on two Canadian banks that compromised almost a million customers is yet another reason everyone should be using cryptocurrency. Two Canadian Banks Hacked on the Same Day…
Continue ReadingCoincheck Will Delist Augur’s REP Token Due to Concerns over Unlicensed Gambling The cryptocurrency situation in Japan is changing rather quickly these days. Coincheck, one of the country’s bigger trading platforms, has made…
Continue ReadingCoincheck will delist Monero and three others cryptocurrencies deemed to grant too much anonymity to holders under orders from the Japanese FSA. Japan’s FSA Bans Monero, Zcash, Dash and Augur…
Continue ReadingJapanese cryptocurrency exchange Coincheck has will delist trading pairs for privacy-centric cryptocurrencies monero (XMR), zcash (ZEC), and dash (DASH) next month. The Tokyo-based exchange, which was purchased by brokerage firm…
Continue ReadingPost Hack Coincheck Reveals Plans To Expand To Us Market Monex Inc, the company that recently acquired hacked Japanese crypto exchange Coincheck, has revealed plans to expand the exchange to the U.S.…
Continue ReadingDisgraced cryptocurrency exchange Coincheck has come under new management, and its new owners are planning to bring the trading platform to the US market. Bloomberg reports that Monex, the Japanese…
Continue ReadingJapanese regulators have announced stricter regulations for cryptocurrency exchanges in an effort to prevent another heist like the one that befell Coincheck in January, according to Nikkei Asian Review. The…
Continue ReadingMastercard released their 2018 Q1 financial results on May 2 showing record first-quarter net income of $1.5 billion and revenue of $3.6 billion. They attributed some of this success to the…
Continue ReadingJapan’s financial watchdog is applying pressure to local digital currency exchanges to drop cryptocurrencies such as Monera, Zcash, and Dash, according to a report. Altcoins Favoured by Criminals In a…
Continue ReadingHacked cryptocurrency exchange Coincheck made 53.7 billion yen ($491 million) in profit for the fiscal year ending in March, according to financial data released on Thursday by parent company Monex.…
Continue ReadingCoincheck Crypto Exchange Posts $490 Mln Profit, On Par With Japan’s Top Stock Exchange Japanese crypto exchange Coincheck earned an estimated ¥53.2 bln (approximately $490 mln) in the ten months…
Continue ReadingCoincheck Owner Monex Plans Proprietary Blockchain, ICO Monex Group, the Japan-based online brokerage firm that recently acquired cryptocurrency exchange Coincheck, said it is eyeing the development of its own blockchain…
Continue ReadingThe new owner of Japan’s Coincheck exchange, Monex Group, says creating its own blockchain with an ICO to follow is on its radar. This article is originally written and posted…
Continue ReadingYesterday, the 16 cryptocurrency exchanges currently registered with Japan’s financial watchdog, the Financial Services Agency (FSA), announced the launch of the Japanese Cryptocurrency Exchange Association (JCEA), according to a Japanese…
Continue ReadingMonex Group to Purchase Coincheck Exchange on April 16 It has been rumored for some time now, but Monex will finally buy Coincheck. It seems the transaction will be completed for…
Continue ReadingMoney Group sees 10-year high share prices today after the brokerage announced that it would be paying ¥3.6bn ($33.5m) for Coincheck, a Japanese cryptocurrency exchange that deals primarily in Bitcoin. Confirmation of…
Continue Reading‘No Big Risk’: Monex Defends $33.5 Million Coincheck Buyout, Eyes Relaunch Monex Group’s CEO said he plans to relaunch Japanese cryptocurrency exchange Coincheck in “two months”, subject to regulatory approval, in a press conference…
Continue ReadingJapanese online brokerage Monex Group has confirmed a deal to acquire cryptocurrency exchange Coincheck, which suffered a major breach in January. This article is originally written and posted on https://www.coindesk.com/monex-confirms-coincheck-exchange-acquisition-plans-future-ipo/. …
Continue ReadingMajor Japanese online brokerage has confirmed its foray into the cryptocurrency sector by announcing its acquisition of Tokyo-based exchange Coincheck for ¥3.6 billion ($33.5 million). In an announcement on Friday,…
Continue ReadingHacked Japanese cryptocurrency exchange Coincheck is to accept a takeover offer from online brokerage Monex Group, a news report indicates. This article is originally written and posted on https://www.coindesk.com/hacked-coincheck-exchange-accept-takeover-bid-report-says/. Visit https://www.coindesk.com/…
Continue ReadingEmbattled cryptocurrency exchange Coincheck has reportedly decided to accept a takeover offer from Monex, Japan’s third-largest online brokerage. Japanese business daily Nikkei is reporting that crypto exchange Coincheck will accept…
Continue ReadingA study has found that 14 percent of male Japanese office workers aged 25-30 are hodling cryptocurrencies despite market trends seeing prices taking a tumble. Even though the price of…
Continue ReadingBitcoin just had it’s worst quarter ever but one cryptocurrency expert expects to see numerous factors in the second quarter contribute to price gains for the rest of 2018, according…
Continue ReadingBreaking: Trading Platform Monex Offers To Buy Coincheck Crypto Exchange For “Blns Of Yen” Japanese financial services provider Monex has offered to acquire a majority stake in the cryptocurrency exchange Coincheck in…
Continue ReadingJapanese 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. Japanese financial publication Nikkei…
Continue ReadingTokyo-based cryptocurrency exchange Coincheck, which suffered a major hack early this year, may soon be under new management, reports say. This article is originally written and posted on https://www.coindesk.com/japanese-brokerage-firm-may-acquire-hacked-coincheck-exchange/. Visit https://www.coindesk.com/…
Continue ReadingMonex, a leading online trading company based in Tokyo, has offered to take over Coincheck, the cryptocurrency exchange hacked in January, for several billion yen. Monex in Talks to Buy…
Continue ReadingAnother Lawsuit Filed Against Hacked Crypto Exchange Coincheck Asks For Almost $800,000 Another class action lawsuit for around 82 mln yen (around $771,000) has been filed against the hacked Japanese exchange Coincheck, Cointelegraph Japanreports…
Continue ReadingDB Insurance — one of South Korea’s four biggest property and casualty insurers and the company that holds South Korean cryptocurrency exchange Youbit‘s policy — has denied a claim that the exchange filed after a hack…
Continue ReadingRepercussions from the Coincheck hack continue as more Tokyo exchanges close due to regulatory action. However Japan still remains the hub of Asian cryptocurrency. Effect of Coincheck Hack Linger on Blowback…
Continue ReadingThe hacker(s) behind the $550 million theft of 500 million NEM tokens from Japanese cryptocurrency exchange Coincheck are reportedly close to cashing out their ill-gotten gains completely. An analysis of…
Continue ReadingHacked Exchange Coincheck Drops Three Anonymity-Focused Coins After FSA Inspection Japanese crypto exchange Coincheck will stop handling anonymity-centered cryptocurrencies Monero, Dash, and ZCash in the aftermath of the major January hack when $534 mln worth of NEM was stolen from the…
Continue ReadingCryptocurrency thefts are nothing new these days. A lot of hackers have successfully attacked exchanges in the past The recent Coincheck exchange shows how easy it is and launder the…
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