Tag Archives: Coincheck

Japanese Bitcoin Exchange Coincheck that Lost $500M to Receive Full Licensing By End of Year

Advertisement Readers may recall the January hack that cost Coincheck over $500 million. The largest theft in cryptocurrency history, the hack saw the exploitation of a vulnerability in the exchange’s security system and culminated in the loss of more than 500 million. New Economy Movement tokens, each worth over $1. As CCN’s Josiah Wilmoth wrote at the time: Notably,… Read More »

Breaking: Japan’s FSA Approves License for Hacked Crypto Exchange Coincheck, Nikkei Reports

Japan’s Financial Services Agency (FSA) has purportedly approved a cryptocurrency exchange operating license for hacked crypto exchange Coincheck. English-language Asia-focused news publication Nikkei Asian Review reported the news Dec. 19. According to Nikkei, an announcement from the financial watchog is reportedly due to be released by the end of the year. Notably, in private correspondence with Cointelegraph Japan,… Read More »

Bear Market Hinders Coincheck’s Stabilization Effort after $530 Million Theft

Advertisement The bear market that the crypto industry is facing has had a lot of adverse effects, with companies shutting down services and laying off staff members in their droves. Japanese cryptocurrency exchange Coincheck seems to be the latest company to feel the brunt of the dire crypto market state, according to reports from Nikkei Asian Review. A… Read More »

Crypto Exchange Coincheck’s Owner Monex to Launch Crypto Trading in US starting Q1 2019

Online broker Monex Group, known for buying hacked Japanese crypto exchange Coincheck in April, has announced it will launch cryptocurrency trading in the United States, Cointelegraph Japan reports Wednesday, Dec. 12. Monex held a conference in Tokyo, where John Bartleman — president of Monex’s U.S. subsidiary TradeStation Group, Inc. — took part. He announced that crypto trading will… Read More »

Coincheck Has Now Reinstated All Cryptos After January Hack

Japanese crypto exchange Coincheck, which suffered a $533 million hack in January, has now reinstated services for all listed cryptos on its platform. Monex Group, the Japan-based online brokerage firm that acquired Coincheck following the hack, announced Monday that the exchange has resumed depositing and purchasing services for the XRP and factom (FCT) tokens. The news means Coincheck has… Read More »

Coincheck Resumes XRP Trading, 10 months On From Infamous $530 Million Theft

Advertisement Twitter Facebook LinkedIn Embattled crypto exchange Coincheck has announced the resumption of trading pairs for XRP and FCT tokens effective Monday, November 26. In a statement on its website signed by company President Toshihiko Katsuya, it was revealed that starting from Monday, deposits and sales of the two cryptocurrencies will be partially restored alongside a few ancillary… Read More »

Japan: Coincheck Completes Token Additions With Ripple, Factom Relaunch

Hacked Japanese cryptocurrency exchange Coincheck has begun trading a wider range of assets Nov. 26, a press release confirmed, ten months after funds worth over $530 million were stolen. Monex Group, the Internet broker which purchased the hacked exchange in March for around $33.5 million, made the announcement following months of remedial measures and security improvements. The release… Read More »

Cryptocurrency Trading Update: NEM Back Over $1 Billion Market Cap

FOMO MomentsMarkets are still generally flat; Nem, Zcash, XRP, and Iota climbing, Stellar and MOAC sliding.Red is still dominating most cryptocurrencies this morning as the slow selloff continues. Downward pressure has eased somewhat though and total market capitalization has not fallen that much overnight, it remains above $210 billion for now.Over the past 24 hours Bitcoin has dropped… Read More »