Two men arrested in Japan are accused of knowingly purchasing stolen NEM from the Coincheck hack as the thieves set up a dark web website to launder their proceeds. Tokyo police arrested two men in connection to the Coincheck hack on March 11. The men are accused of purchasing stolen NEM (XEM) through a dark […]
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Japanese government agencies held a crypto meeting, Coincheck added Qtum, and more headlined news from Japan this past week. This week’s headlines from Japan include crypto exchange Zaif reopening account registrations, government agencies meeting on crypto, the Federation of Economic Affairs submitting a national Blockchain proposal, Coincheck adding Qtum, and Rakuten Wallet opening leverage trading […]
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A case filed in the United States District Court last year alleges two people stole $250 million worth of virtual currency. Cryptocurrency companies may constantly be trying to improve their usability and security, but when there’s a weakness for hackers to exploit, they go big or go home. According to court documents released by Seamus […]
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The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 crypto exchange hack. The U.S. Department of the Treasury’s Office of Foreign Assets Control (OFAC) sanctioned two Chinese nationals accused of laundering cryptocurrency that was stolen in a 2018 […]
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The Japan-based cryptocurrency exchange announced a 12th currency would soon be available for trading. Japan may be on its way to creating a state-issued digital currency, but local companies in the world’s third-largest economy can still innovate and provide some healthy competition. Coincheck, the crypto exchange based in the Asian nation, currently handles trading, selling, […]
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Italian crypto exchange Altsbit announced that it will close in May 2020 after losing about $70,000 in a hack on Feb. 5. Altsbit, a small cryptocurrency exchange that lost “almost all funds” in hack on Feb. 5, will shut down its services in May 2020. After Altsbit first reported on the hack on Twitter on […]
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Coincheck exchange tops the app charts, Japan’s central bank head forecasts CBDC demand, and more in news from Japan this past week. This week in Japan, SBI Holdings’ president said to watch for central bank digital currencies, or CBDC, Coincheck exchange tallied top app downloads for exchanges is 2019, Japan’s central bank head forecasted CBDC […]
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Central bank digital currency interest continues, Binance deletes the yen currency option, Coincheck completes its first staking payout, and more headlined news from Japan this past week. This week’s headlines from Japan include several central banks collaborating on digital currency research, Binance removing the Japanese yen from its platform, Japan’s Liberal Democratic Party investigating digital […]
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Binance looks to expand in the country, a new working group assesses security token offerings, and more headlined news in Japan this past week. This week’s news from Japan included additional comments against crypto trading from China, Binance’s potential involvement in Japan, positivity from the International Monetary Fund (IMF), more crypto exits from European Union […]
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Japanese financial regulators have officially proposed cutting the leverage cap for cryptocurrency margin trading. The Japanese Financial Services Agency (FSA) — the country’s financial regulator — proposed lowering the leverage rate limit of cryptocurrency margin trading from 4x to 2x. The FSA announced the proposed measure on Jan. 14 in a cabinet office ordinance — […]
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