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Shares of Japan's Monex spike after it agrees to buy troubled cryptocurrency firm Japanese online brokerage firm Monex Group said on Friday it would buy hacked cryptocurrency exchange Coincheck for $33.59 million. Shares of Monex spiked 20 percent following the announcement, as of 11:35 a.m. HK/SIN. Coincheck was hit by a $530 million theft in digital money earlier this year, ...
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Coinbase COO Says Cryptocurrency Exchange Planning Venture Fund Coinbase COO Asiff Hirji said on CNBC today that the cryptocurrency exchange plans to launch its own early-stage venture funding business to finance new cryptocurrencies. Mr. Hirji said the fund will be small, starting around $15 million and potentially growing from there. It's an unusual move.
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