Coincheck heist sheds light on Japan's rush to create cryptocurrency rules

Mon, 12 Feb 2018 - 07:14 GMT

After the Mt. Gox cryptocurrency exchange was stung by a half-billion dollar theft in 2014, Japanese regulators swung into action.

Insurers gingerly test bitcoin business with heist policies

Thu, 01 Feb 2018 - 02:17 GMT

The risks are clear: digital currency investors have already lost billions from dozens of cryptocurrency hacks, technical errors and fraud.

Japan raps Coincheck, orders broader checks after $530 million cryptocurrency theft

Mon, 29 Jan 2018 - 07:28 GMT

The theft highlights the vulnerabilities in trading an asset that global policymakers are struggling to regulate and the broader risks for Japan as it aims to leverage the fintech industry to stimulate economic growth.

Hacked Tokyo cryptocurrency exchange to repay owners $425M

Sun, 28 Jan 2018 - 09:12 GMT

That amounts to nearly 90 percent of the 58 billion yen worth of NEM coins the company lost in an attack that forced it to suspend on Friday withdrawals of all cryptocurrencies except bitcoin.