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Japanese exchange Coincheck is still profitable after suffering one of the biggest hacks in cryptocurrency history. The exchange recorded an estimated writedown of 47.3 billion yen (~US$432.56 million) for the funds used to compensate customers. Victims, however, were slapped with tax bills. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space A Writedown for Coincheck … Read more
According to Monex Group, Coincheck earned an estimated $490 mln in the ten months prior to January’s hack. #NEWS Go to Source Powered by WPeMatico
Japan’s new self-regulatory body’s first task is to bring in the unregistered exchanges, and dispel anxiety around cryptocurrencies in the country. #FOLLOW_UP Go to Source Powered by WPeMatico
The Japanese financial regulator has targeted another cryptocurrency exchange for improvement after an on-site inspection revealed inadequate standards. The exchange must comply and submit a written report next month. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Another Exchange Punished The Japanese Financial Services Agency (FSA) has issued another “administrative punishment order” to a … Read more
Kraken calls NY Attorney General’s crypto exchange inquiry a “publicity stunt,” calls Japan’s VC Act a “relatively” good example, in their general regulation overview. #NEWS Go to Source Powered by WPeMatico
Cryptocurrency exchange Kraken is suspending all of its services to Japanese residents. The exchange has been allowed to operate in Japan while its application with the country’s financial regulator is being reviewed. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Kraken Pulling Out of Japan Kraken announced on Tuesday the suspension of its services … Read more
Kraken will be ending its services in Japan at the end of June, but has not ruled out coming back in the future #NEWS Go to Source Powered by WPeMatico
The hacked Japanese cryptocurrency exchange Coincheck has officially been acquired by one of Japan’s largest online brokerage firms. Monex Group has outlined its plans of reviving Coincheck and the risks associated with the acquisition. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Acquisition Completed Coincheck has officially become a wholly-owned subsidiary of Monex Group … Read more
A new association has been registered in Japan consisting of 16 government-approved cryptocurrency exchanges. The group will focus on establishing self-regulatory rules and will have the authority to investigate and sanction members that do not comply with self-regulation. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space New Japanese Crypto Association A new cryptocurrency organization … Read more
Today’s Bitcoin in Brief is all about you. Specifically, it’s about how you should be hiding your wallet seed and locking down your op-sec to prevent any fools from jacking your crypto. We’ve got all that, plus a cornucopia of other juicy morsels in your daily roundup of the last 24 hours in bitcoin. Also … Read more
