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Dogecon • June 21-24, 2018

Dogecon Vancouver 2018 is a weekend celebration of the social layer of crypto culture, embracing memes and tweetstorms as the…

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Tag: NEM

Education Loans Are a Thing of the Past With Tutellus’ Innovative Study Approach

Category: ICO News

Education Loans Are a Thing of the Past With Tutellus’ Innovative Study Approach

Over the last thousand years, evolution and change have been the only constants, with several ideologies, technologies, and philosophies getting updated and redacted with time. However, an integral part of a person’s life has remained the most unchanged over the years – education – which has only witnessed changes in study material, never in the process itself. Earn as You…

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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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NEM Hackers Laundering Stolen Loot on Dark Web Exchanges

Category: Altcoins, Business, Finance, News, Regulation

NEM Hackers Laundering Stolen Loot on Dark Web Exchanges

A cybersecurity expert believes that hackers may have converted half of the NEM cryptocurrency stolen from Tokyo-based bourse operator Coincheck Inc. into other virtual coins for laundering. Following Dirty Money The primary intent behind converting these coins into other virtual currencies was to make it even more difficult to track the stolen coins. Hackers made these exchanges through the highly…

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Bitcoin Corrects as Crypto Market Gets “Mt.Goxed” Once Again: Week in Review Mar. 12

Category: News Digest

Bitcoin Corrects as Crypto Market Gets “Mt.Goxed” Once Again: Week in Review Mar. 12

In the past seven days, the price of bitcoin dropped by 20 percent. This decline was primarily driven by news that the bankruptcy trustee of the defunct bitcoin exchange Mt.Gox has been selling $400 million worth of bitcoin (BTC) and bitcoin cash (BCH) over the past five months. The mass sell-off was leveraged to raise funds for the exchange’s creditors…

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Coincheck Hack: The Best Thing that has Happened to XEM Traders

Category: News

Coincheck Hack: The Best Thing that has Happened to XEM Traders

There might be a silver lining looming for victims of the Japanese Coincheck heist. For many, getting robbed might ultimately prove to be a blessing in disguise. Looking at a reimbursement of around $440 million Coincheck’s COO Yusuke Otsuka said on Thursday, March 8, 2018, that the hacked users would be compensated for the heist of January 26, 2018. Regulators…

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BIG has Tracked Down Stolen XEM to a Vancouver-based Exchange

Category: Altcoins, Business, Finance, News, Tech

BIG has Tracked Down Stolen XEM to a Vancouver-based Exchange

In late January, Coincheck suffered a massive hack that left 260,000 of their investors without their NEM. As one of the leading cryptocurrency exchanges in Asia, it was a blow to the trust in exchanges when a vast amount of NEM went missing. Now it seems the stolen funds have surfaced on a Vancouver-based cryptocurrency exchange. On March 1, 2018,…

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Japanese Restaurant Accepts XEM Cryptocurrency

Category: Altcoins, Business, News

Japanese Restaurant Accepts XEM Cryptocurrency

St.Arnould, a popular restaurant in Tokyo, Japan has begun accepting XEM cryptocurrency. XEM is the native cryptocurrency of the NEM blockchain platform. The restaurant is reportedly the first restaurant in the world to recognize the virtual currency as a means of payment. The XEM cryptocurrency is the thirteenth ranked coin regarding market capitalization according to Coinmarketcap. Nothing Wrong with Cryptocurrencies…

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Coincheck Saga: Investigations over Stolen NEM, one Suspect Already Interrogated

Category: Altcoins, Business, Finance, News

Coincheck Saga: Investigations over Stolen NEM, one Suspect Already Interrogated

In what has been tagged as one of the biggest hacks of all time, Tokyo police’s cybersecurity department is not relenting in its efforts to fish out the perpetrators of the Coincheck hack that saw over $526 million worth of NEM moved from the exchange. So far, one person has been questioned as he exchanged a little fraction of the…

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Insurance Companies Looking to Offer Cryptocurrency Coverage

Category: Commentary, News

Insurance Companies Looking to Offer Cryptocurrency Coverage

The technology underpinning bitcoin is facing doubt regarding the number of hacking and related incidents of fraud on the rise. While the majority is focused on the astronomical gains and subsequent drops in value, there’s another group of hackers working stealthily to find new ways to steal tokens. As it stands, crypto investors have already lost billions from past hacks,…

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Coincheck is Refunding Investors Who Lost their NEM (XEM) during Cyberheist

Category: Altcoins, Business, News

Coincheck is Refunding Investors Who Lost their NEM (XEM) during Cyberheist

Coincheck has confirmed that it will soon start refunding investors who lost their NEM holding during the cyberheist on January 26, 2018. In an official communiqué on its website, the troubled exchange apologized for the inconvenience caused to its investors and other stakeholders. It assured that everyone who found themselves at the receiving end of the heist will be compensated…

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