Coincheck Wins Crypto Exchange License 12 Months After Major Hack

Japanese crypto exchange Coincheck, which suffered a $530 million hack in January of last year, is now a licensed entity. Monex Group, the Japan-based online brokerage firm that acquired Coincheck for $33.5 million following the cyberattack, announced Friday that the exchange is now registered with the Kanto Financial Bureau, under the country’s Payment Service Act, […]

Coincheck Has Now Reinstated All Cryptos After January Hack

Japanese crypto exchange Coincheck, which suffered a $533 million hack in January, has now reinstated services for all listed cryptos on its platform. Monex Group, the Japan-based online brokerage firm that acquired Coincheck following the hack, announced Monday that the exchange has resumed depositing and purchasing services for the XRP and factom (FCT) tokens. The news […]

Coincheck Accepts Monex Acquisition Bid Which Will Inject It With Billions of Yens

Markets and Prices The team behind the troubled Japanese cryptocurrency exchange Coincheck has decided to sell the company to one of the largest securities trading companies in the country. Monex will provide much needed capital but will decapitate the exchange and replace its head with a more trusted figure from among its […]

Coincheck Confirms Takeover By Monex Group

Nick Chong · April 5, 2018 · 3:00 am <!– Excerpt Monex Group’s recent announcement of an acquisition of Coincheck has been approved by both parties. What is the future of the cryptocurrency exchange? A week ago, Monex Group, a Japanese-based financial services firm, announced that they were planning on acquiring the Japanese cryptocurrency exchange, […]

Monex Shares Jump Following News of Coincheck Acquisition

News Monex Group, a Tokyo-based financial services group, is considering buying Coincheck. Shares in Monex jumped 23% off news that the retail investor was eyeing the Japanese exchange that was notoriously hacked this year. The move would benefit both parties, giving Monex an entry into the burgeoning crypto markets and granting Coincheck’s […]