Coincheck joins Japan-based exchanges GMO Coin and BitFlyer in supporting trading for Brave’s Basic Attention Token starting on July 21.
Coincheck is a Bitcoin wallet and Japanese cryptocurrency exchange platform established in 2014. The Coincheck exchange services provide exchanges between fiat currencies and Bitcoin or Ether. Coincheck is a member of the Japan Blockchain Association and is one of the major developers of cryptocurrency usage standards for the Japanese government. Coincheck fell victim to a hacking operation, which is now recognized as one of the largest cryptocurrency exchange hacks. 500 million NEM tokens were stolen from Coincheck in January 2018, amounting to around $520 million in losses. Although all 260,000 users who were victims of the incident were repaid, the Coincheck hack triggered changes in the cryptocurrency industry, forcing exchange platforms to improve their security systems and provide governments with an opportunity to reinforce a regulatory framework on the industry.
The number of crypto and blockchain-related companies in Japan increased by more than 30% this year, data from Monex Group's Monex Crypto Bank shows.3632
SBI announced a crypto investment fund, Bitflyer Holdings used blockchain-based voting for a shareholder meeting, and more headlined news from Japan this past week.2888
New research from Xangle suggests Japan’s Financial Services Agency is more likely to approve crypto projects not involved in casino Dapps.6962
Japan's minister of finance questioned crypto terminology, a company joined the Japan Security Token Association and more headlined news from Japan this past week.4409
Two exchanges saw unauthorized access issues, Japan ranked second in 24-hour Bitcoin trading volume for May globally, and more headlined news from Japan this past week.5377
Coincheck suffered a data breach that may have leaked users’ emails and personal information, including date of birth and phone number.3198
FXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week.7006
GMO Coin unveiled BAT lending, Japan's stay at home order affected crypto businesses, and more headlined news from Japan this past week.4008
Marubeni unveiled blockchain steel pipe tracing tests, multiple exchanges added leverage trading, and more headlined news from Japan this past week.3210
Japanese financial services firm Monex announced that it will give Bitcoin to its shareholders as a year-end benefit for 2019.1596
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.1778
Japanese government agencies held a crypto meeting, Coincheck added Qtum, and more headlined news from Japan this past week.2808
Coincheck exchange tops the app charts, Japan’s central bank head forecasts CBDC demand, and more in news from Japan this past week.4635
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.3654