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This Friday the Japanese exchange Coincheck has announced the resumption of yen (JPY) withdrawals will begin next week. The news follows the trading platform halting operations on the 26th of January. That day Coincheck was hacked and lost a total of 523,000,000 XEM, but the exchange promised to pay back the 260,000 customer accounts that […]
The post Coincheck Announces JPY Withdrawals Will Resume Next Week appeared first on Bitcoin News.
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Despite some cracks on the icy surface of inter-Korean relations, caused by the Olympic spirit, tensions on the silent crypto front in Korea remain high. South Korean intelligence has informed lawmakers in Seoul that the North keeps trying to hack cryptocurrency exchanges south of the DMZ. Cryptos worth billions of won have been stolen by […]
The post Intelligence: Pyongyang Trying to Steal Cryptos before Pyeongchang Olympics appeared first on Bitcoin News.
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Japan’s leading low-cost airline, Peach Aviation, has been working to implement a bitcoin payment system. Recently, there were reports that the company may be rethinking its bitcoin strategy following the recent hack of a major Japanese cryptocurrency exchange. Peach Aviation and its bitcoin exchange partner have clarified their position. Also read: Japan’s DMM Bitcoin Exchange Opens for […]
The post Japan’s Leading Low-Cost Airline Clarifies Plan to Accept Bitcoin appeared first on Bitcoin News.
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Bitcoin is a tool for terrorists and money launderers. At least that’s what your elected officials believe. When western leaders are pressed for their thoughts on cryptocurrency, that’s invariably the first sound bite to leave their lips, followed, occasionally, by a begrudging acknowledgement that “the underlying blockchain technology has potential”. But as the case of […]
The post Cryptocurrency Is Harder to Launder Than Fiat Currency appeared first on Bitcoin News.
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Japanese investors are undeterred by the recent Coincheck hack and the general public is now more interested in cryptocurrencies due to the constant hype in the media. Bitflyer, Japan’s largest crypto exchange by volume, is seeing a rapid increase in the number of registered users. “Ironically, many people got interested in cryptocurrencies after this incident,” […]
The post Japan Unfazed By Recent Exchange Hack Realizing Cryptocurrencies Not to Blame appeared first on Bitcoin News.
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Major Japanese cryptocurrency exchange Coincheck has announced that it will reimburse the accounts of the 260,000 customers who lost XEM tokens in a recent hack at a rate of roughly 81 U.S. cents per unit. As of this writing, XEM is trading for approximately 89 U.S. cents, having recovered slightly from its dip in the […]
The post Coincheck to Repay Hack Victims’ XEM Balances at 81 U.S. Cents Each appeared first on Bitcoin News.
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The Neo platform was designed to serve as a launchpad for Initial Coin Offerings. Since hosting the Red Pulse ICO last year, Neo has accommodated around a dozen ICOs, with another dozen in the works. From a fundraising perspective, these crowdsales have been successful, selling out rapidly and raising hundreds of millions of dollars. But […]
The post Neo ICOs Make a Shaky Start appeared first on Bitcoin News.
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Japanese cryptocurrency exchanges are strengthening their self-regulation procedures following the hack of one of the country’s largest crypto exchanges, Coincheck. The Japanese Financial Services Agency has yet to approve Coincheck’s registration as a crypto exchange. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies Strengthening Self-Regulation The Japan Blockchain Association (JBA) has previously […]
The post Japanese Crypto Exchanges Strengthen Self-Regulation Following Coincheck Hack appeared first on Bitcoin News.
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For the first time in forever, this week in bitcoin was strangely subdued. No major price movements, no regulatory crackdowns and no Tether collapse. Iota got into a bit of a pickle and then blamed everyone else, as Iota is apt to do, but that’s all. Everything was uneventfully ticking over, right up until Friday, […]
The post This Week in Bitcoin: Japan Gets Goxxed and Iota Gets Into a Tangle appeared first on Bitcoin News.
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It was, by any reckoning, a huge haul. Between $400 million and $534 million dollars of NEM stolen, depending on whether you go on its value at the time or once the market had reacted to the news. At a press conference on Friday afternoon, the stunned Coincheck team painted forlorn figures as they came […]
The post Coincheck Faces Pressing Questions in the Wake of the World’s Biggest Hack appeared first on Bitcoin News.
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