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filter crypto%20exchange

Group-IB And CryptoIns Create First Crypto Insurance System

Published: 06/11/2018 at 20:10

Group-IB, a company specializing in cyberattacks prevention, has teamed up with the insurance broker company ASPIS SA, the author of the CryptoIns project, to create the first-ever system for assessing the cybersecurity of crypto exchanges, which will allow to implement an insurance program for users’ assets, the press service of…

Coincheck To Allow Limited Trading Again

Published: 30/10/2018 at 18:52

Japanese online broker Monex Group, which acquired the Coincheck crypto exchange, announced the renewal of the registration of new user accounts and start of limited trading, according to a press release. Hackers attacked the Coincheck trading platform in January 2018, which resulted in a loss of more than $520 million. In…

Profit Of Coincheck Declines By $5 Million

Published: 29/10/2018 at 19:38

Coincheck, a Japanese crypto exchange, which in January 2018 lost $520 million as a result of a hacker attack, announced financial losses in the amount of more than $5 million in Q3, according to a report by Monex Group. As follows from the report, in Q3 (Q2 of the fiscal year in Japan), the trading platform earned $2.8 million,…

Japanese Authorities Allow Crypto Industry To Self-Regulate

Published: 24/10/2018 at 19:58

The Financial Services Agency of Japan (FSA) announced the crypto industry a structure with its own regulation, Reuters reports. Thus, the Japanese Virtual Currency Exchange Association is given the opportunity to control and impose sanctions on those trading platforms that act contrary to the established rules. The FSA concluded…

BTCC To Launch Services For South Korean Residents

Published: 18/10/2018 at 06:32

Hong Kong-based crypto exchange BTCC will offer its platform services to South Korean citizens in October, according to news portal The Investor. Apart from assets exchange services that the trading platform provides, BTCC will offer crypto wallets, mining pools, and payment services to its Korean users. On October 31, BTCC will…

Hackers Rob Crypto Exchanges Of $882 Million In Year And Half — Report

Published: 17/10/2018 at 19:59

During the first three quarters of 2018 and the whole preceding year, hackers attacked 14 crypto exchanges and inflicted a loss valued at $882 million. The statistics are presented in a research by cybersecurity company Group-IB. The analysts stress that hackers prefer spear-phishing as the most common method of attacks on digital…

South Korean Authorities Report On Scale Of Attacks On Crypto Exchanges

Published: 09/10/2018 at 07:04

Starting from 2016, intruders hacked seven trading platforms in South Korea, Bitcoin.com reports referring to the statement of local law enforcement agencies. According to the data provided by the police, seven crypto exchanges were hacked over a period of three years, and the attackers managed to withdraw $99 million (112 billion…

Japanese Exchange Zaif Postpones Compensation Payment After Hacking

Published: 08/10/2018 at 15:56

Tech Bureau (Osaka), which is the owner of the Zaif trading crypto platform, has postponed for an indefinite period the terms of losses recovery for its customers following the September cyberattack on the exchange, Nikkei Asian Review reports. Tech Bureau has ceased registering new customers aiming to focus on resolving the…

Most Secure Crypto Exchanges Rating Is Revealed

Published: 03/10/2018 at 22:06

Coinbase Pro crypto exchange took an honorable first place in the overall security rating of digital exchanges, Cointelegraph reports citing ICORating. In accordance with ICORating's report findings, analysts assessed the security level of 100 crypto exchanges, the daily trading volume of which exceeds $1 million. Key assessment…

Automated Programs Manipulate Exchange Rate On Crypto Exchanges − WSJ

Published: 03/10/2018 at 21:31

Cryptocurrency manipulations through automated trading platforms or bots carry significant risks to the integrity of the entire digital market, The Wall Street Journal reports. Barbara Underwood, New York State Attorney General, warned crypto investors about the vulnerability of digital trading platforms in a report on crypto…

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