Monex Group Acquires Coincheck – Cryptocurrency Exchange

Back in January, Coincheck became the victim of a massive hack which resulted in the crypto exchange losing $542 million in cryptocurrency, and not to mention its decline in reputation in the market. Following this event, the company finally agreed to Monex’s billion investment offer with which Monex Group was now officially acquired Coincheck. According…

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Coincheck Cryptocurrency Hack Remains Unsolved

One of the main problems around cryptocurrency is that it makes money laundering much easier. What is more disturbing is that crypto-exchanges are fairly ill-equipped to combat these issues. The recent Coincheck hack highlights money laundering potential of the digital currency. When Coincheck was hacked earlier this year, over $500 million got stolen in NEM. It is…

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