![]() Images courtesy of Nikkei Asian Review, The Japan Times, and Bitcoinist archives. The CoinCheck hack date January 26, 2018. The exchange serves a global community of cryptocurrency fans, but most of its user. What do you think about the FSA raiding the offices of Coincheck? Will the exchange make good on their promises to pay back those impacted by the hack? Let us know in the comments below. python bitcoin python-client cryptocurrency exchange bitflyer poloniex quoine coincheck binance hitbtc btcbox crypto-. CoinCheck is one of the largest cryptocurrency exchanges in the world. Coincheck is a cryptocurrency exchange and NFT marketplace, founded in 2012 and headquartered in Tokyo, Japan. Hopefully, the entire situation will be resolved in a satisfactory manner for everyone involved, even though Coincheck is going to have to eat the cost of the compensation. ('THCP' or 'Thunder Bridge'), a special purpose acquisition company ('SPAC') publicly listed on the Nasdaq Global Market. The country has put in legislation concerning cryptocurrency, such as the revised Payment Services Act, and even recognizes Bitcoin as a legitimate payment option. GREAT FALLS, Va., May 31, 2023-Thunder Bridge Capital Partners, Inc. As China and other countries continue to clamp down on cryptocurrencies, Japan is reaping the benefits of the ongoing migration of crypto-related businesses. It makes sense for the Japanese authorities to make a show of force in investigating Coincheck and ensuring that clients would be protected. Coincheck said the hackers stole customer deposits of NEM, a less well known digital currency. Veterans Park features an interpretive podium, called the Chaska Coin Check, to commemorate challenge coins and the stories of those. As for the raid itself, Finance Minister Taro Aso says, “The investigation is being conducted to protect the current users.” ![]() ![]() This incident marks the very first regulatory raid by the Japanese government on a cryptocurrency exchange. ![]() Of course, one such reason for the success of the hack was that the exchange stored customer assets on a system that was connected to the internet 24/7. Another reason for the regulatory raid is to see that the exchange has put the necessary security precautions in place, as well as to examine how the hack actually happened in the first place. ![]()
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