While investors are worried that the price of bitcoin might be artificially held high, a head of a cryptocurrency firm is not concerned, CNBC reported. Until the market matures, cryptocurrency price manipulation is “unavoidable,” according to NEM President Lon Wong. “Price manipulation is not something...
Following the theft of $530 million in NEM tokens from Coincheck last week, governments will likely call for more cryptocurrency regulation and investors may turn to peer-to-peer (P2P) methods of trading instead of centralized exchanges, Bloomberg reported. “The latest theft will have two immediate effects:...
Four years after the collapse of Mt. Gox, Coincheck, one of Japan’s largest cryptocurrency exchanges, has said that about $400 million worth of NEM coins have gone missing, Bloomberg reported. Coincheck Inc. said that 500 million NEM tokens were sent “illicitly” out of the exchange....
February 28, 2018
Following a massive hack last month, Coincheck is reportedly facing more legal pressure from investors seeking the return of their digital assets. Sankei, a Japanese media outlet, stated an additional 132 investors have joined a class action suit, according to news from Coindesk. Investors who joined the suit, which was filed in Tokyo District Court on Feb. […]
February 14, 2018
While investors are worried that the price of bitcoin might be artificially held high, a head of a cryptocurrency firm is not concerned, CNBC reported. Until the market matures, cryptocurrency...
January 26, 2018
Four years after the collapse of Mt. Gox, Coincheck, one of Japan’s largest cryptocurrency exchanges, has said that about $400 million worth of NEM coins have gone missing, Bloomberg reported....
