Monex Shares Jump Following News of Coincheck Acquisition

Monex Shares Jump Following News of Coincheck AcquisitionMonex Group, a Tokyo-based financial services group, is considering buying Coincheck. Shares in Monex jumped 23% off news that the retail investor was eyeing the Japanese exchange that was notoriously hacked this year. The move would benefit both parties, giving Monex an entry into the burgeoning crypto markets and granting Coincheck’s owners a way out. […]

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Japanese Crypto Exchange GMO Vows to Improve After Regulator Orders Upgrades

Japanese Crypto Exchange GMO Vows to Improve After Regulator Orders UpgradesThe cryptocurrency exchange subsidiary of the Japanese internet giant GMO has detailed its plans to improve its operations. GMO Coin has submitted a business improvement report to the country’s financial regulator. GMO Internet has also set up an information security audit office for the entire group. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With […]

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Five Cryptocurrency Exchanges in Japan Throw in the Towel

Five Cryptocurrency Exchanges in Japan Throw in the TowelFive cryptocurrency exchanges in Japan are closing after their operators reportedly withdrew their applications with the Japanese financial regulator to operate crypto exchanges. They are in the process of returning clients’ cash and crypto holdings. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Five Exchanges Cease Operations Five cryptocurrency exchange operators in […]

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Coincheck Removes Monero, Dash, and Zcash Due to “Risks”

TheMerkle_Coincheck LiskMore interesting developments are happening in the world of cryptocurrency. Coincheck has made a lot of major headlines in the past few months. The company was recently hacked and is now dropping support for anonymity-oriented currencies altogether. It’s a rather surprising development, although one that is easily justified. More Coincheck Developments The main reason people are focused on the Coincheck exchange right now is its recent hack. Around 500 million NEM was stolen from the company, and the hackers have seemingly vanished without a trace. Rumor has it that some of this stolen money has been laundered through various means, including darknet

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