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| Japanese Cryptocurrency Exchange Coincheck Accepts Monex Takeover Bid In April 2017, new laws in Japan required all cryptocurrency exchanges in the country to seek a license from Japan's Financial Services Agency (FSA). Those exchanges that were in business before the laws went into effect were allowed to stay operational and undergo compliance checks while their ...
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| Hacker steals coins from cryptocurrency Verge with a '51 percent' attack Privacy-oriented cryptocurrency Verge (symbol: XVG) was apparently hacked Wednesday, with the attacker making off with around 250,000 coins with a value of roughly $15,000 (though some reports go as high as $1 million). Compared to some recent crypto-related hacks, this attack was particularly ...
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| Cryptocurrency start-up touted by Floyd Mayweather charged with fraud ICOs fall under the broader category of cryptocurrency, an encrypted digital currency that operates, via a public transaction database called a blockchain, independent of a central bank. Investors have been flocking to ICOs because they hold out the promise of outsized returns, like those seen by early ...
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| RBI Bans Regulated Entities From Dealing In Virtual Currencies The meteoric rise in the value of bitcoin in 2017, the most popular cryptocurrency, triggered worries that such currencies could facilitate everything from money laundering to tax evasion and fraud. Since reaching a peak of almost $20,000 in early December last year, a series curbs have pulled down ...
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