Please note, this is a STATIC archive of website cointelegraph.com from 17 Oct 2021, cach3.com does not collect or store any user information, there is no "phishing" involved.

Coincheck News

Coincheck is a Bitcoin wallet and Japanese cryptocurrency exchange platform established in 2014. The Coincheck exchange services provide exchanges between fiat currencies and Bitcoin or Ether. Coincheck is a member of the Japan Blockchain Association and is one of the major developers of cryptocurrency usage standards for the Japanese government. Coincheck fell victim to a hacking operation, which is now recognized as one of the largest cryptocurrency exchange hacks. 500 million NEM tokens were stolen from Coincheck in January 2018, amounting to around $520 million in losses. Although all 260,000 users who were victims of the incident were repaid, the Coincheck hack triggered changes in the cryptocurrency industry, forcing exchange platforms to improve their security systems and provide governments with an opportunity to reinforce a regulatory framework on the industry.

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The NEM Foundation is no longer tracing NEM coins stolen from Coincheck, the hackers’ account balance now reportedly stands at zero.

Coincheck: NEM Foundation Stops Tracing Stolen Coins, Hackers’ Account At Zero

2018-03-23T00:59:00+00:00

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A new annual report from Japan’s National Police Agency shows that over $6.2 mln in crypto was lost to hacks and fraud last year.

Over $6.2 Mln In Crypto Assets Lost To Fraud, Hacks In Japan Last Year

Molly Jane Zuckerman

2018-03-22T14:27:00+00:00

25503

Cryptocurrency exchanges are going to great lengths to bounce back from cyberattacks and thefts, learning from the disaster that was the Mt. Gox debacle.

Mt. Gox, Coincheck, Binance and More: How Exchanges Are Learning to Deal With Cyberattacks

Gareth Jenkinson

2018-03-19T11:56:00+00:00

22847

Coincheck, which suffered an over $500 mln hack of NEM in January, will stop handling three anonymous coins.

Hacked Exchange Coincheck Drops Three Anonymity-Focused Coins After FSA Inspection

Molly Jane Zuckerman

2018-03-17T19:56:00+00:00

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Crypto exchange Coincheck has begun refunding customers who lost NEM in the Jan. hack, as well as beginning to allow withdrawals and partial trading.

Coincheck Begins NEM Refunds For Affected Customers, Resumes Partial Trading

Molly Jane Zuckerman

2018-03-12T12:13:00+00:00

16504

Customers who lost money in Coincheck’s $534mln hack will receive refunds “by the end of next week,” its CEO has said.

Hacked Coincheck Exchange Will Refund Users, Resume Trading ‘Next Week’, Says CEO

2018-03-09T10:50:00+00:00

26909

The Japanese financial regulatory agency has sent business improvement orders to 7 crypto exchanges, including Coincheck, and halted activity at 2 more.

Japanese Financial Regulator Issues ‘Punishment Notices’ For 7 Crypto Exchanges

Molly Jane Zuckerman

2018-03-08T11:25:00+00:00

24395

Two trade groups representing Japan’s 16 registered crypto exchanges will form a self-regulatory body for the country’s crypto sphere starting in April.

Japan: Registered Crypto Exchanges Join Forces To Self-Regulate Local Market

Molly Jane Zuckerman

2018-03-03T12:44:00+00:00

24710