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Tag: Coincheck

Japanese Regulators Grant Coincheck Cryptocurrency Exchange Full License

Category: Altcoins, Bitcoin, Business, Exchange, Finance, News, Regulation

Japanese Regulators Grant Coincheck Cryptocurrency Exchange Full License

According to a PDF document released on January 11, 2019, the Japanese Financial Services Agency (FSA) has fully licensed the Coincheck cryptocurrency exchange after the firm reportedly met all its standards. The Storm Is over Coincheck, reportedly known as the most popular virtual currency exchange in Japan before its hack in January 2018, has registered with the Kanto Financial Bureau…

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Plunging Bitcoin Prices Create New Woes for Tainted Crypto Exchange Coincheck

Category: Altcoins, Bitcoin, Exchange, Finance, News, Regulation

Plunging Bitcoin Prices Create New Woes for Tainted Crypto Exchange Coincheck

Japanese cryptocurrency exchange Coincheck is facing hurdles as it looks to recover from the colossal $550 million cryptocurrency theft in January 2018. This time, the culprit is the lack of liquidity and positive sentiment in the digital asset market, reported Nikkei Asia Review on December 12, 2018. Businesses Take a Hit with Falling Prices Bitcoin prices continue to fall since…

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Japan’s Tainted Crypto-Exchange Coincheck Introduces Trading of XRP after Infamous Hack

Category: Altcoins, Bitcoin, Exchange, Finance, News, Platform

Japan’s Tainted Crypto-Exchange Coincheck Introduces Trading of XRP after Infamous Hack

Coincheck digital assets exchange and trading venue have announced the resumption of deposits and trading of Ripple’s XRP and Factom (FCT) altcoins, following its January 2018 half a billion dollar heist, reported Finance Magnates on November 26, 2018. Coincheck Back Alive It appears the storm is over after all for Japan’s Coincheck cryptocurrency exchange, as the embattled trading venue is…

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Monex’s Matsumoto Believes in a Japanese Future of Cryptocurrencies

Category: Altcoins, Business, Finance, Investment, News

Monex’s Matsumoto Believes in a Japanese Future of Cryptocurrencies

On August 19, 2018, Oki Matsumoto, chief executive of Monex group of Japan, voiced his opinion on cryptocurrencies being the future for the finance industry. Matsumoto’s Is a Visionary With a Futuristic Approach Tokyo-based Monex marked its foray into the cryptocurrency industry via the acquisition of Coincheck, the exchange that was a victim of a recent hack, with the belief…

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Monex Group Set to Launch U.S. Cryptocurrency Trading Operations Via Subsidiary

Category: Altcoins, Bitcoin, Business, Exchange, News

Monex Group Set to Launch U.S. Cryptocurrency Trading Operations Via Subsidiary

Tokyo-based financial services conglomerate, Monex Group, Inc – the acquisitor of the hacked Coincheck cryptocurrency exchange – is primed to launch its Bitcoin trading service in the United States through one of its subsidiaries, TradeStation, according to a financial briefing published by the firm on July 27, 2018. “Trade Station Crypt” According to sources close to the matter, Monex Group…

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After Bitmain, Cryptocurrency Exchange Coincheck Announces U.S. Expansion Plans

Category: Business, Finance, News

After Bitmain, Cryptocurrency Exchange Coincheck Announces U.S. Expansion Plans

Coincheck is plotting a major comeback after its credibility and prospects were brought into question early in 2018. The Japanese cryptocurrency exchange has rebranded itself after a major security breach led to the loss of $500 million worth of NEM coins. In similar news, the world’s largest mining company Bitmain announced their colossal expansion plans into the US on May…

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Eight Want Out, Hundred Want In: Businesses React to Japan’s Upcoming Crypto-Exchange Law

Category: Altcoins, Bitcoin, Business, Finance, News, Regulation

Eight Want Out, Hundred Want In: Businesses React to Japan’s Upcoming Crypto-Exchange Law

In the absence of regulatory standards and legal guidelines, cryptocurrency exchanges increasingly face scrutiny from regulatory bodies around the world. While the biggest exchanges have the financial capacity to shift their country of operation, the smaller ones shut shop abruptly, or begin their process of wrapping up their business in a legal manner. Another Eight Bite The Dust According to…

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Coincheck Remains Profitable After Paying $432 Million For NEM Hack

Category: Altcoins, Bitcoin, Business, Finance, News

Coincheck Remains Profitable After Paying $432 Million For NEM Hack

Coincheck, the cryptocurrency exchange platform has announced revenue of $490 million in Financial Year 2018. This is one of the first glimpses of the revenue earning a potential of a cryptocurrency enterprise in an industry where finances are usually kept secret. The cryptocurrency market had a stellar 2017 as indicated in the figures released by Monex Group, who acquired Coincheck…

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Coincheck Hackers May Have Successfully Laundered all their Stolen NEM Coins

Category: Altcoins, Bitcoin, Blockchain, News, Tech

Coincheck Hackers May Have Successfully Laundered all their Stolen NEM Coins

According to recent reports, the hackers responsible for the January 2018 NEM heist from the Coincheck cryptocurrency exchange platform may have successfully laundered all their stolen NEM coins (XEM). Laundering the Loot In March 2018, BTCManager reported that the Coincheck hackers were laundering their loot on dark web cryptocurrency exchange platforms. At the time of the report, it was believed…

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Coincheck Stops Support for 3 Privacy-Focused Cryptocurrencies: Monero, Dash and Zcash

Category: Altcoins, Business, Finance, News

Coincheck Stops Support for 3 Privacy-Focused Cryptocurrencies: Monero, Dash and Zcash

Coincheck, the Japanese-based cryptocurrency exchange platform is taking steps to shore up its security protocols following the devastating January crypto hack. In what is perhaps the worst hack in the history of the crypto market, hackers stole more than $550 million in NEM coins. As part of its response, the platform is putting a stop to its support for Monero,…

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