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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According to its parent company, Coincheck earned an estimated $490 mln in the ten months prior to January’s unprecedented hack.

Coincheck Crypto Exchange Posts $490 Mln Profit, On Par With Japan’s Top Stock Exchange

2018-04-27T12:51:00+01:00

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Japan’s new self-regulatory body’s first task is to bring in the unregistered exchanges, and dispel anxiety around cryptocurrencies in Japan

Aims And Goals Of Japan’s New Self-Regulatory Cryptocurrency Exchange Association

2018-04-26T21:12:00+01:00

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Crypto exchange Kraken has detailed a general overview of their position on regulation while explaining their negative response to NY Attorney General’s inquiry...

Kraken: NY Attorney General’s Inquiry ‘Publicity Stunt,’ Japan’s VC Act ‘Good Example’

Molly Jane Zuckerman

2018-04-24T01:20:00+01:00

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According to an emailed statement, crypto exchange Kraken is ending its services in Japan, just after Binance decided to leave the country for Malta.

Crypto Exchange Kraken To End Services In Japan, Cites Rising Costs Of Business

Molly Jane Zuckerman

2018-04-17T11:01:00+01:00

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The recent Monex 100% acquisition of crypto exchange Coincheck, which suffered a major hack in January, sets a new example for compromised crypto exchanges.

Monex’s Coincheck Vs Mt. Gox: Can Traditional Finance Save A Hacked Crypto Exchange?

Molly Jane Zuckerman

2018-04-09T00:10:00+01:00

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Monex has laid out preliminary plans for Coincheck after it confirmed its purchase of the exchange for $33.5 mln.

‘No Big Risk’: Monex Defends $33.5 Million Coincheck Buyout, Eyes Relaunch

2018-04-06T16:07:00+01:00

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Japan’s financial regulator issues another business improvement notice and suspends business for two months at two crypto exchanges.

Japanese Financial Regulator Temporarily Halts Activities Of Two Crypto Exchanges

Molly Jane Zuckerman

2018-04-06T15:58:00+01:00

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Monex Group has confirmed its acquisition of the Japanese crypto exchange Coincheck for $33.5 mln.

Confirmed: Monex Group To Acquire Coincheck

2018-04-06T08:23:00+01:00

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