Coincheck – Page 18

Hacked Japanese Exchange Considers Capital Tie-Up to Regain Public Trust

Hacked Japanese Exchange Considers Capital Tie-Up to Regain Public Trust Japanese cryptocurrency exchange Coincheck is reportedly considering a capital tie-up in order to regain the trust of crypto investors, following a recent hack where 58 billion yen worth of cryptocurrency was lost. As multiple victim groups are preparing to sue the exchange, the Tokyo police is also stepping up its investigations. Also read: Indians Look to […]

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Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges

Japanese Police Reveal 669 Money Laundering Cases Tied to Local Exchanges Just recently Japanese investigators revealed they had obtained 669 reports concerning “suspected money laundering” tied to cryptocurrency transactions and domestic digital currency trading platforms. The linked data was derived from investigations spurred by the recent transaction reporting statutes licensed exchanges are required to follow. Also read: Bitcoin Is Finding Its Way into High Schools Japanese Police […]

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Japan: Zaif Exchange Reports ‘Glitch’, $20 Trillion in BTC Temporarily ‘Purchased’ For 0 Yen

Japanese crypto exchange accidentally gave away $20 trln in Bitcoin during 18 minute-long ‘glitch’ on Friday #NEWS

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Japanese Crypto Exchanges Tap Star Power for Marketing Arms Race

Japanese cryptocurrency exchanges have been very active in advertising their services. Several exchanges including Bitflyer, DMM Bitcoin, Tech Bureau’s Zaif and the hacked exchange Coincheck have been tapping into star power and launching TV commercials with original music. Also read: Indians Look to Buy Bitcoin Overseas as Regulations Tighten Japanese Exchanges’ TV Commercials Japanese cryptocurrency exchanges have […]

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BitGrail Vs. Nano: Who Is Responsible For the $150 Million Theft?

Interview With Nano: Look Into the BitGrail Theft, $150 Million Lost #ANALYSIS

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Users Sue Coincheck Over Frozen Cryptocurrency Withdrawals

The recent Coincheck exchange hack cannot go unpunished. Someone has to take the blame for this particular incident, and the bosses of the exchange formally apologized during a recent press conference. However, it seems several Coincheck users have filed a lawsuit against the exchange firm for freezing withdrawals after the theft occurred. A Major Lawsuit for Coincheck It has almost become the new normal to file a lawsuit when a cryptocurrency exchange gets hacked or conducts some dubious behavior. In a way, this can only be considered a good thing, as the responsible parties must be held accountable. While everyone would

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Japanese Crypto Associations Merging to Restore Trust Across the Industry

Japanese Crypto Associations Merging to Restore Trust Across the Industry Japan’s two cryptocurrency associations have reportedly decided to merge in order to restore trust in the industry and accelerate self-imposed rules. Once approved by the Japanese financial regulator, the new organization will have the power to set penalties for breaches of self-regulation. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Two Crypto […]

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Coincheck Produces Recovery Plan While Investors Flock to Withdraw Funds

Japanese cryptocurrency exchange Coincheck has submitted a report to the country’s financial authority outlining measures it will take following the hack that lost 58 billion yen worth of the cryptocurrency NEM from its platform. However, customers rush to withdraw 40.1 billion yen of their funds so far as the exchange resumes yen withdrawal service. Also […]