カテゴリー: NEM

How Monex Plans to Revive Hacked Japanese Crypto Exchange Coincheck

How Monex Plans to Revive Hacked Japanese Crypto Exchange CoincheckThe hacked Japanese cryptocurrency exchange Coincheck has officially been acquired by one of Japan’s largest online brokerage firms. Monex Group has outlined its plans of reviving Coincheck and the risks associated with the acquisition. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Acquisition Completed Coincheck has officially become a wholly-owned subsidiary of Monex Group […]

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Blind Denial of Cryptocurrencies Leads Nowhere, Bank of Lithuania Says

Blind Denial of Cryptocurrencies Leads Nowhere, Bank of Lithuania SaysThe central bank of Lithuania has started discussions on regulations with crypto businesses and commercial banks. The reluctance to understand the world of cryptocurrencies leads nowhere, its fintech coordinator said during a meeting in Vilnius. Lithuanian projects have attracted 10% of ICO investments last year, the local community claims. Cryptocurrencies like bitcoin enjoy a growing […]

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India Searches for Ethereum Over Bitcoin

India Searches for Ethereum Over BitcoinFor nearly half a year, India’s crypto enthusiasts have been searching for the cryptocurrency ethereum (ETH) over bitcoin (BTC). At the end of February, researchers confirmed ETH searches were twice as likely over BTC. Could the world’s second most populated country be souring on the world’s most popular cryptocurrency? Also read: Trezor to Implement Bitcoin Cash […]

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Monex Shares Jump Following News of Coincheck Acquisition

Monex Shares Jump Following News of Coincheck AcquisitionMonex Group, a Tokyo-based financial services group, is considering buying Coincheck. Shares in Monex jumped 23% off news that the retail investor was eyeing the Japanese exchange that was notoriously hacked this year. The move would benefit both parties, giving Monex an entry into the burgeoning crypto markets and granting Coincheck’s owners a way out. […]

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Japan Gathers 500 Agents to Fight Cybercrime and Crypto Theft

Japan Gathers 500 Agents to Fight Cybercrime and Crypto TheftJapan has decided to set up a new agency to better address cybercrime. The Tokyo-based center gathers 500 analysts and investigators who will also combat cryptocurrency theft. Over 3 million attempts to steal digital information have been registered last year. Hackers have stolen funds worth over 17 billion Japanese yen.   Also read: Hackers Target […]

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Bitfinex Rejects All Present and Future Venezuelan Cryptocurrencies

Bitfinex Rejects All Present and Future Venezuelan CryptocurrenciesBitfinex has announced that it will not list or transact Venezuela’s new “oil-backed cryptocurrency” or any other tokens that the country may issue in the future, citing U.S. sanctions. Meanwhile, the Venezuelan government has reportedly set the minimum investment amount for the petro initial coin offering.  Also read: South Korea Clarifies Position After Reports of Possible […]

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Rubles Can Buy You Petro Maduro Says While Denominating Venezuela’s Currency

Rubles Can Buy You Petro Maduro Says While Denominating Venezuela’s CurrencyEl Petro, the Venezuelan cryptocurrency, can now be purchased with Russian rubles, among other fiat currencies, President Nicolás Maduro announced. Companies from many countries, including the United States, want to buy the oil-backed crypto, he added. Venezuela’s head of state also said he decided to denominate the national currency, the bolivar.  Also read: Venezuela Recruiting […]

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NEM Foundation Stops Tracking Coins Stolen from Coincheck

NEM Foundation Stops Tracking Coins Stolen from CoincheckThe NEM Foundation has announced it will no longer track cryptos stolen from the Japanese exchange Coincheck. The Singapore-based organization said it had provided law-enforcement agencies with information from its investigations. It did not explain its decision to end the tracking efforts. According to some estimates, half of the NEM coins that disappeared in the […]

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Coincheck Drops Anonymous Monero, Dash, Zcash

Coincheck Drops Anonymous Monero, Dash, ZcashCoincheck, the Japanese exchange that lost ~$550 million worth of NEM to hackers, will stop dealing with Monero, Dash and Zcash. The trading platform has recognized the risk posed by these cryptocurrencies which provide high levels of anonymity. Half of the NEM coins stolen in the hack may have been converted already on the darknet, […]

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Coincheck to Start Compensating Hack Victims and Resume Operations Next Week

Coincheck to Start Compensating Hack Victims and Resume Operations Next WeekHacked 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 […]

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