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Mt. Gox Trustee Extends Deadline for Rehabilitation Plan Submission

April 25, 2019cashtechnews

Now-defunct Japanese cryptocurrency exchange Mt. Gox’s trustee has extended the deadline for submission of the rehabilitation plan. The trustee of now-defunct Japanese cryptocurrency exchange Mt. Gox has extended the deadline for submission of rehabilitation plans, according to an official announcement published on the company’s website on April 25. Per the announcement, the exchange’s Rehabilitation Trustee […]

Samsung Invests $2.9 Million Into Crypto Wallet Startup Ledger

April 24, 2019cashtechnews

Hardware cryptocurrency wallet manufacturer Ledger has secured a 2.6 million euro investment from electronics giant Samsung. Hardware cryptocurrency wallet manufacturer Ledger has secured 2.6 million euro ($2.9 million) from electronics giant Samsung, a company spokesperson told Cointelegraph on April 24. While the Ledger spokesperson confirmed the investment, no further details beyond the initial investment amount […]

Over $100 Million Missing: CoinBene Claims Maintenance, a Month of Questions Point Toward a Hack

April 23, 2019cashtechnews

Back in March 2019, the CoinBene cryptocurrency exchange denied that it suffered a hack but claimed to be undergoing maintenance, despite losing 109 ERC-20 tokens worth about $105 million. Remember CoinBene, the cryptocurrency exchange platform that denied being hacked at the end of March 2019, and instead saying it was undergoing maintenance? Well, it turns […]

Unconfirmed: Mt. Gox Automatically Filing Creditors for Repayment

April 22, 2019cashtechnews

An unconfirmed email suggests all users who lost bitcoin will get compensation — even if they did not file a rehabilitation claim. Users who held bitcoin (BTC) on the now-defunct Mt. Gox exchange and filed certain self-admission rehabilitation claims could reportedly receive some of their funds back, an unconfirmed email posted to Reddit on April […]

South Koreans Invest an Average $6,000 in Cryptocurrency, Says New Survey

April 22, 2019cashtechnews

The proportion of residents owning crypto increased 1% in 2018 despite the various publicity problems the industry faced. More South Koreans are buying cryptocurrency than ever before and spending more fiat to do so, local daily news network Arirang Daily News reported April 20. Referencing the results of a December 2018 survey from nonprofit organization […]

Japanese Cryptocurrency Exchange Zaif to Resume Activity Seven Months After Hack

April 21, 2019cashtechnews

Japanese cryptocurrency exchange Zaif announced that the transfer of the exchange will become effective on April 22. Japanese cryptocurrency exchange Zaif announced that the transfer of the business from Tech Bureau to Fisco Digital Asset Group (FDAG) will become effective on April 22, and that normal activity will resume on the next day. Cointelegraph Japan […]

South Korea: Bithumb Exchange Operator Reveals Plans for US, Japanese Markets

April 19, 2019cashtechnews

The CEO of Bithumb’s operator has revealed plans to expand to the U.S. and Japan. The CEO of Singapore-based Blockchain Exchange Alliance (BXA) — which has a controlling stake in major South Korean crypto exchange Bithumb — has revealed plans to expand to the American and Japanese markets. The news was reported by Cointelegraph Japan […]

Crypto Exchanges Collaborate With Bithumb to Freeze Stolen Funds After Major Hack

April 18, 2019cashtechnews

Details are still sketchy after Bithumb lost $18 million due to a hack. In late March, major South Korean cryptocurrency exchange Bithumb lost around $18 million as a result of a hack. While the details are still sketchy — for instance, it is unclear whether or not it was an inside job, as Bithumb initially […]

Reuters: Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets

April 17, 2019cashtechnews

Japan’s Financial Services Agency will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies. Japan’s Financial Services Agency (FSA) will reportedly introduce new rules regarding cold wallets for storing cryptocurrencies at crypto exchanges, Reuters reported on April 17. Citing a source familiar with the matter, Reuters reports that the country’s financial regulator will reportedly […]

Coincheck Owner Mulls Addition of Crypto to Its Retail Offerings

April 16, 2019cashtechnews

Monex Group Inc is considering adding crypto to its retail client offerings in a bid to become more competitive. Online brokerage Monex Group Inc., owner of the hacked Japanese crypto exchange Coincheck, is considering adding crypto to its retail client offerings in a bid to become more competitive in the local brokerage market. The news […]

Tag: hack

Mt. Gox Trustee Extends Deadline for Rehabilitation Plan Submission

Samsung Invests $2.9 Million Into Crypto Wallet Startup Ledger

Unconfirmed: Mt. Gox Automatically Filing Creditors for Repayment

South Koreans Invest an Average $6,000 in Cryptocurrency, Says New Survey

Japanese Cryptocurrency Exchange Zaif to Resume Activity Seven Months After Hack

South Korea: Bithumb Exchange Operator Reveals Plans for US, Japanese Markets

Reuters: Japanese Regulators to Introduce New Rules Regarding Exchanges’ Cold Wallets

Coincheck Owner Mulls Addition of Crypto to Its Retail Offerings

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