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Hacked Japanese exchange Coincheck is getting ready to start compensating its customers next week as it plans to resume operations. The exchange has been slapped with two business improvement orders so far by Japan’s financial regulator and may stop trading some cryptocurrencies for safety reasons. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 … Read more
Next week will see deadline for refunding users who lost money in Coincheck hack, says CEO. #NEWS Go to Source Powered by WPeMatico
The Japanese financial regulator has punished seven cryptocurrency exchanges in the country, suspending the operation of two of them. “The agency fears another Coincheck-style hack,” it stated after recent inspections of all crypto exchanges in Japan revealed inadequate measures for customer protection. Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies FSA Punishes … Read more
Japan’s financial regulator has sent business improvement notices to 7 crypto exchanges and stopped activity at 2 others. #NEWS Go to Source Powered by WPeMatico
Japan’s 16 registered exchanges have come together to create a new self-regulatory body, operations to begin in April #NEWS Go to Source Powered by WPeMatico
16 cryptocurrency exchanges that have been approved by the Japanese government are teaming up to form a self-regulatory group, following the hack of one of the country’s most popular exchanges. Besides these exchanges, there are 16 “quasi-operators” for cryptocurrencies as well as about 100 firms seeking to enter the market in Japan. Also read: Japan’s DMM … Read more
Some of the Coincheck hack’s NEM have been traced to crypto exchanges in Vancouver, Japan. #NEWS Go to Source Powered by WPeMatico
In the time it takes you to read this sentence, $850 will have been lost to cryptocurrency scams. In the time it takes to complete this article, that figure will have risen to $17,000. Phishing; fraud; theft; hacking; it’s all rife. In the first two months of 2018, there were 22 separate scams involving thefts … Read more
132 crypto investors file lawsuit together against Coincheck, seeking damages after hack. #NEWS Go to Source Powered by WPeMatico
There are over 100 companies reportedly waiting for the Japanese Financial Services Agency to approve their registrations to operate cryptocurrency exchanges. While only 16 exchanges are fully licensed in Japan, the agency has allowed another 16 to operate without a license for the time being. However, going forward, only those with sufficient safety and customer … Read more
