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April 28, 2024
 

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COINCHECK

Japan Times
BUSINESS / Companies
Feb 24, 2021
Bitcoin bet sparks rally at Japan’s most expensive brokerage
Bitcoin's fivefold jump in the past year has come amid a flood of money pumped into the global financial system during the coronavirus pandemic.
Japan Times
JAPAN / Crime & Legal
Jan 22, 2021
About 30 charged for allegedly exchanging stolen cryptocurrency
The trading involving the 30 people at the underground exchange is estimated to have totaled over u00a510 billion.
JAPAN / Crime & Legal
Mar 11, 2020
Tokyo police arrest two for receiving stolen NEM cryptocurrency
Tokyo police arrested two men on Wednesday for alleged possession of NEM, a cryptocurrency, that they knew was stolen in a massive cyberattack on a Japanese startup in 2018, according to investigative sources.
BUSINESS / Markets
Jan 12, 2019
Coincheck wins approval to run cryptocurrency exchange a year after massive theft
About a year after a massive digital heist that shocked the cryptocurrency industry around the world, Japan's financial watchdog gave Coincheck Inc. the green light Friday to officially run a virtual currency exchange.
Japan Times
BUSINESS
Jan 11, 2019
Hit by tougher standards and falling prices, Japan's cryptocurrency players face a pivotal 2019
Japanese crypto-exchange operators unexpectedly faced major problems last year due to the unprecedented hack in late January of Tokyo-based Coincheck Inc., which lost digital tokens estimated at the time to be worth ¥58 billion and caused commotion across the industry.
Japan Times
BUSINESS
Jan 1, 2019
Top business news of 2018
The Japan Times newsroom selected the following business news stories as the most important of 2018.
Japan Times
BUSINESS / FOCUS
Apr 10, 2018
Small cryptocurrency exchanges find the going hard under greater government oversight
With the Financial Services Agency implementing greater oversight in the wake of the ¥58 billion Coincheck heist, many young and small cryptocurrency exchanges are finding it difficult to conduct business and looking to call it quits.
Japan Times
BUSINESS
Apr 6, 2018
Online brokerage Monex to acquire cryptocurrency exchange Coincheck
Troubled exchange that was hit by a massive cybertheft earlier this year will be sold for u00a53.6 billion and become wholly owned subsidiary.
Japan Times
BUSINESS
Apr 6, 2018
Japan's cryptocurrency exchanges held back by shortage of engineers
When cryptocurrency exchange Coincheck Inc. explained how hackers were able to make off with $530 million (¥56.7 billion) in digital money, it noted that part of the problem had been beyond its control; the firm had struggled amid Japan's shortage of software engineers.
Japan Times
BUSINESS
Apr 5, 2018
Monex to acquire Coincheck to get cryptocurrency foothold: sources
Coincheck Inc., the cryptocurrency exchange hit by a massive theft earlier this year, has accepted a takeover bid by online brokerage Monex Group Inc., sources said Thursday.
Japan Times
BUSINESS
Apr 3, 2018
Monex eyes acquisition of troubled cryptocurrency exchange Coincheck
Monex aims to enter the virtual currency business by acquiring Coincheck, which was hit by a massive hack in January that stole u00a558 billion worth of NEM cryptocurrency.
Japan Times
BUSINESS
Mar 29, 2018
Unregulated ICOs threaten funding source for startups
The rising cryptocurrency boom has sparked a fundraising scheme called initial coin offerings that have become a money-pumping machine for startups but also have a problematic reputation.
Japan Times
BUSINESS
Mar 23, 2018
Warned by FSA, cryptocurrency giant Binance heads to Malta
Binance, the world's largest cryptocurrency exchange by traded value, is seeking a fresh start in the Mediterranean.
Japan Times
BUSINESS
Mar 23, 2018
All NEM stolen from Coincheck may have been exchanged for other cryptocurrencies: experts
Almost all of the NEM stolen from Japanese exchange Coincheck Inc., valued at around ¥58 billion ($530 million), may have been exchanged for other cryptocurrencies, information security experts said Friday.
BUSINESS / Tech
Mar 21, 2018
Singapore-based NEM foundation ends tracking of stolen cryptocurrency
Singapore-based cryptocurrency organization NEM.io Foundation said Tuesday it has stopped tracking stolen NEM virtual currency, as it had since a massive hack of the Coincheck exchange in January.
Japan Times
BUSINESS
Mar 12, 2018
Coincheck to lift limits on trading and withdrawals imposed after digital money heist, and start repaying customers
Reeling from government reprimands over lax standards after a theft of ¥58 billion ($530 million) in digital money, cryptocurrency exchange Coincheck Inc. said it would from Monday start repaying customers affected by the heist.
Japan Times
BUSINESS / Markets
Mar 8, 2018
FSA suspends two virtual-currency exchanges in aftermath of Coincheck hack
One firm was punished because a senior official embezzled clients' cryptocurrency deposits, according to the FSA.
Japan Times
BUSINESS / Markets
Mar 2, 2018
Trail of Coincheck's stolen cryptocurrency leads to Canada: researcher
Some of the funds stolen from Coincheck Inc. in the $500 million heist have been traced to a cryptocurrency exchange in Canada, according researcher BIG Blockchain Intelligence Group Inc.
Japan Times
COMMENTARY / Japan
Mar 2, 2018
Speculating on the future of initial coin offerings
Governments are only now waking up to the need to regulate ICOs and their related tokens.
BUSINESS
Mar 2, 2018
Digital currency exchanges to join up on standards and security
A group of digital currency exchanges in Japan said Friday they will form a new organization to establish industry-wide standards for security and compliance.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Number of homeless in Japan hits record low
Homeless people sleep on the street in Tokyo's Shinjuku Ward in August 2021.
Japan wants you to spend more with ‘luxury tourism’
Performers play a traditional drum unique to Wajima, Ishikawa Prefecture, in the prefectural capital of Kanazawa on March 16 to mark the extension of the Hokuriku Shinkansen line to Tsuruga Station in Fukui Prefecture.
'So hot you can't breathe': Extreme heat hits the Philippines
A pedestrian cools himself with a folding hand fan as he waits for a ride along a road in Manila on Wednesday, as extreme heat hit the Philippines.
Air China to buy 100 locally made C919 jets in $11 billion deal
A Comac C919 during an aerial display at the Singapore Airshow at Changi Exhibition Centre in Singapore in February
Casa del Cibo: A thriving jewel born from Tohoku’s harsh past
When chef Ryohei Ikemi moved to Hachinohe, Aomori Prefecture, and opened Casa del Cibo in 2011, it was the first proper Italian restaurant in the city.
Tokyo's Koto Ward by-election a race unlike any other
Natsumi Sakai, the Constitutional Democratic Party of Japan’s candidate and one of four female candidates running in the by-election, touts her experience as a cancer survivor and midwife as having prepared her to tackle issues that women currently face.
Town to block view of Mount Fuji in response to overtourism
The town government of Fujikawaguchiko, Yamanashi Prefecture, decided to set up a 2.5-meter-high screen to prevent tourists from taking pictures of Mount Fuji looming behind a convenience store.
Top U.S. and China diplomats talk tough amid warnings of new ‘downward spiral’
U.S. Secretary of State Antony Blinken and China's Foreign Minister Wang Yi at the Diaoyutai State Guesthouse in Beijing on Friday
Kyotographie's strong 12th edition shines light into the margins
Yassine Alaoui Ismaili, who goes by Yoriyas, turned to photography, shooting motion while in motion himself, after an injury forced him to give up his career as a professional breakdancer.

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By Alex K.T. Martin

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