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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Japan: Zaif Exchange Reports a “Glitch” Caused a Temporary “Purchase” of $20 Trillion in BTC for 0 Yen

Japan, as we know, is one of the leading countries adopting the new cryptocurrency trend. And despite the enthusiasm, security measures are not that high to avoid malicious attacks or even systematic bugs. Just a few days back, we reported how Coincheck, a bitcoin wallet, and exchange service got hacked. And now the Zaif exchange…

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