Coincheck

Auto Added by WPeMatico

Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter

by

Coincheck reported a pre-tax loss of 588 million yen (US $5.3 million) for the third quarter of 2018, the Japanese exchange’s second consecutive quarterly loss since hackers pilfered $530 million in January. That’s an increased deficit of 130 percent from the 259 million yen ($2.3 million) loss the previous quarter. Also Read: French Business School Fees … Read more

Japan Approves Self-Regulation of Cryptocurrency Exchanges

by

On Wednesday, Oct. 19, Japan’s Financial Services Agency granted the cryptocurrency industry the authority to self-regulate. The approval means that the Japan Virtual Currency Exchange Association, a coalition of several registered digital currency exchanges, can now set rules for operational requirements, consumer protection, prevention of money laundering and employee ethics. The association will also enforce compliance. … Read more

Japanese Regulators Urgently Respond to Zaif’s Hack

by

Following the hack of Zaif, one of Japan’s regulated crypto exchanges, the country’s financial regulator immediately responded, launching an emergency inspection of the exchange and a survey of all other crypto exchanges. Finance Minister Taro Aso has also commented on the situation. In addition, the recently established self-regulatory body has asked all exchanges to inspect … Read more

Japanese Regulated Exchange Zaif Hacked – Nearly 6000 BTC Stolen

by

Japanese government-approved cryptocurrency exchange Zaif has confirmed that it has been hacked. After a preliminary investigation, the exchange says at least 5,966 BTC have been stolen, with an estimated total damage of $60 million. Some of the stolen coins belong to the exchange but the majority belong to customers. Also read: 160 Crypto Exchanges Seek to … Read more

Japanese Regulator Unveils Crypto Regulation Updates

by

Japan’s financial regulator has recently unveiled the current state of the crypto regulations in the country. Three crypto operators are currently being reviewed. With 160 companies wanting to enter the space, the regulator plans to add more personnel to help review new applicants. In addition, a self-regulatory plan for crypto exchanges has also been submitted … Read more

The Daily: Bitfinex Building Decentralized Exchange, Bitpanda Adds Zcash

by

Cryptocurrency exchange Bitfinex is working on a project to launch a decentralized trading platform and we’ve got all the details here. Also in The Daily, Bitpanda adds Zcash to its offerings, Bitvo launches technical analysis tools, and Monex makes executive changes at Coincheck. Also read: Dapp Revival, Remme Launch, 1 Million Cryptokitties Bitfinex Develops Decentralized … Read more

Japan National Police To Employ A Cryptocurrency Tracking System

by

Japan’s National Police Agency (NPA) intends to introduce tracking software for cryptocurrency transactions as it strives to curb the use of cryptos in illegal transactions, a local media outlet recently reported. The software was necessitated by increased instances of crypto use in illicit transactions in what has become one of Bitcoin’s largest markets globally. According … Read more