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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.

Top News

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Blockchain tech has been around for 10 years, and yet it still has not changed the world like it promised.

Has the Blockchain Revolution Failed to Take Off 10 Years On?

2018-01-29T23:53:00+00:00

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Cryptocurrency is not “investable” for BlackRock Investment Institute now, but the platform is keeping a keen eye for change, says chief strategist.

World’s Largest Investment Company: ‘Interesting’ Bitcoin Is Under ‘Close Review’

2018-01-29T17:05:00+00:00

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On January 27, merely hours after the hacking attack was announced, developers behind NEM created an automated tagging system to track down the funds stolen by ...

$530 Mln in XEM Stolen From Coincheck Can Be Traced, NEM Team Confirms

2018-01-27T23:42:00+00:00

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Coincheck has promised to refund all 523 mln NEM stolen in recent hack, faced by support from local community.

Coincheck To Refund All Customers Affected By Hack, Faced By Community Support

2018-01-27T21:36:00+00:00

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Coincheck exchange hack: 523 mln NEM were stored on a single-signature hot wallet, staff “deeply regret” what happened.

Coincheck: Stolen $534 Mln NEM Were Stored On Low Security Hot Wallet

2018-01-26T18:35:00+00:00

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Coincheck crypto exchange appears to have encountered problems after a freeze on NEM operations spread to all other currencies.

Japan: Coincheck Exchange Freezes All Withdrawals As Up To $723 Mln Leaves Its Wallet

2018-01-26T08:55:00+00:00

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More than 5,000 retail stores and establishments in Japan may halt accepting Bitcoin payments by Aug. 1.

Thousands of Japanese Retailers, Restaurants May Halt Accepting Bitcoin

2017-07-22T11:20:00+01:00

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Adoption of Bitcoin in Japan’s famous electronic sector, Akihabara, is on the rise as the tech-savvy neighborhood starts embracing the digital currency.

Japan’s Electronics Marketplace Starts Adopting Bitcoin

2017-07-07T13:59:00+01:00

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