Japan’s Financial Services Agency to Fine Coincheck for Sloppy Security Management
Coincheck has been asked to submit a report by Feb 13 stating the reasons of security loopholes and work further on restoring the issues.
This news section spotlights emerging altcoins, project updates, tokenomics changes and ecosystem developments driving innovation in DeFi, Web3 and digital assets. Keep track of the next wave of digital currencies before they make headlines—and gain insights that matter in the altcoin sector.
Coincheck has been asked to submit a report by Feb 13 stating the reasons of security loopholes and work further on restoring the issues.
Analysts say that there could be a “bloodbath” in the crypto markets if suspicions regarding use of Tether tokens for pumping Bitcoin price turns out to be true.
Tokyo-based crypto exchange Coincheck suffered a loss of 58 billion yen as a result of a hack. 500 million NEM tokens were stolen. The exchange has temporarily stopped some services and is now working to remedy the consequences of the hack.
Thanks to a blockchain startup TravelbyBit innovative technology, Bisbane Airport now enables travelers to use cryptocurrency payment system to in-terminal dine and shopping.
One of the biggest cryptocurrency exchange platforms in Japan has confirmed it experienced major hack today’s morning, losing $530 million in NEM tokens.
Robinhood’s zero commission approach for its clients will surely give other crypto exchange a run-for-its-money.
Stellar is heading for higher positions in altcoin rating, being one of the fastest growing new cryptocurrencies out there.
On January 24, Bitcoin’s new hard fork named Bitcoin Atom (BCA) took place at block number 505888.
Both these companies are eager to use Ripple’s xRapid payments solution that is designed to provide on-demand liquidity.
PlusCoin, a decentralised cashback platform based on Ethereum system, offers an opportunity for both advertisers and shoppers to benefit from purchasing goods online.
Bitcoin Atom hard fork will bring several new features to the dais, including atomic and lightning swaps, hybrid consensus model and much more.
Under the new regulation, traders will no longer be able to use anonymous bank accounts to sell and acquire virtual currencies via South Korean exchanges.
bitFlyer will be the only licensed exchange in the continent that will allow users to trade with Japan.
Sometimes to create an innovative solution it is necessary to combine the best sides of something already existing. And the hybrid platform EXPREAD can prove it.
Cryptocurrency exchanges will be now required to pay corporate and local income tax on their yearly reported earning.