Japan Lost Over $6.2 Million in Crypto Assets Last Year

BitcoinNitish Singh0

Japan’s National Police Agency (NPA) has just released reports that 2017 saw over $6.2 million loss in crypto assets either through fraud or theft. Do note; this report does not include the recent (late January 2018) massive Coincheck hack that resulted in $550 million loss in NEM tokens. Nikkei, a local news outlet made this…

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Coincheck Cryptocurrency Hack Remains Unsolved

WalletsNitish Singh0

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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