Coincheck suffered a data breach that may have leaked users’ emails and personal information, including date of birth and phone number.
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.
FXCoin announced XRP remittance testing, one company began its security token initiative, and more headlined news from Japan this past week.6764
GMO Coin unveiled BAT lending, Japan's stay at home order affected crypto businesses, and more headlined news from Japan this past week.3933
Marubeni unveiled blockchain steel pipe tracing tests, multiple exchanges added leverage trading, and more headlined news from Japan this past week.3132
Japanese financial services firm Monex announced that it will give Bitcoin to its shareholders as a year-end benefit for 2019.1534
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.1662
Japanese government agencies held a crypto meeting, Coincheck added Qtum, and more headlined news from Japan this past week.2739
Coincheck exchange tops the app charts, Japan’s central bank head forecasts CBDC demand, and more in news from Japan this past week.4590
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.3611
This week’s news from Japan included falling trading volume, statements on China’s digital currency, a Lisk staking announcement and a blockchain-based letter of credit.3334
Officials did not explain the reason for the rethink on leveraged trading, which saw a reduction of 20% in August after regulatory demands.1863
Japan STO Association launches on Oct. 1, includes Nomura Securities, Rakuten Securities, SBI Securities, Monex and others.3676
Japan’s financial giant Monex Group will pay out dividends in Bitcoin to all Monex shareholders with a Coincheck account.2806
Japanese cryptocurrency exchange Coincheck’s and marketing research company Macromill’s partnership allows customers to trade survey reward points for crypto.3168
The platform will reduce leverage from 5x to 4x in its latest overhaul, which is scheduled for the end of October.1339