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Japanese internet giant GMO has launched a service to allow customers to lend their bitcoins to the company. Customers’ bitcoin balances will be debited from their GMO Coin trading accounts once loan agreements have been reached. This program is similar to the one launched by the hacked exchange Coincheck last year. Also read: Japan’s DMM Bitcoin … Read more
Bitcoin is on the rise. After yesterday’s impressive surge to $7,600, the currency has once again defied all odds and spiked beyond the $8,000 mark. At press time, bitcoin is trading for just over $8,100, and is once again reminding enthusiasts of why they got involved in crypto-trading in the first place. The currency had … Read more
Japanese financial provider Monex Group’s decision to acquire Coincheck at a relatively low price shows the company’s desire to enter the crypto sphere, regardless of the risk. #RECAP Go to Source Powered by WPeMatico
It has been rumored for some time now, but Monex will finally buy Coincheck. It seems the transaction will be completed for the sum of $33.59 million, which is a lot lower than people initially expected. For the troubled Japanese cryptocurrency exchange, this news comes at a very intriguing moment. How this acquisition will affect the … Read more
The Financial Services Authority of Japan has imposed penalties on three cryptocurrency exchanges following inspections of trading platforms in the country. Two of them have been ordered to suspend operations. Officials are not satisfied with the measures implemented to prevent money laundering and systemic risks. Also read: CEO of Korean Exchange Coinnest among Four … Read more
The half billion dollar Coincheck exchange hack is still working its way through the ecosystem, carrying implications of all sorts. Rarely mentioned is how, at least in part, the exchange’s problems were due to a lack of crypto engineers in Japan. A dearth of engineering know-how is a perfect recipe for security gaps to be … Read more
Monex’s Matsumoto reveals big plans for Coincheck at press conference. #NEWS Go to Source Powered by WPeMatico
After a series of on-site inspections in the wake of the Coincheck hack, Japanese financial regulator has suspended activities at two crypto exchanges, again. #NEWS Go to Source Powered by WPeMatico
Japanese financial services provider Monex Group will acquire Coincheck exchange for $33.5 mln. #NEWS Go to Source Powered by WPeMatico
500 Japanese police agents join forces to tackle cybercrime and cryptotheft, with new building opened in Tokyo. #NEWS Go to Source Powered by WPeMatico
