Why is Asia the epicentre of crypto exchange hacks?

2018-10-5 14:00

While exchanges in Europe and the U.S. have not been immune from cyber attacks, the majority of the largest cryptocurrency exchange hacks have occurred in Asian markets, with South Korea and Japan leading the scoreboard. The question is why?

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exchange hacks asian cryptocurrency occurred markets korea

Источник: bravenewcoin.com

exchange hacks → Результатов: 71


Фото:

In Japan, Exchange Operators Shore up Investor Protections After Thefts

The Japan Virtual Currency Exchange Association says it will tighten investor protection stipulations after a wave of hacks on digital currency exchanges. Citing informed sources, the Japan Times reported the Japan Virtual Currency Exchange Association (JVCEA) has agreed to revise certain self-imposed rules to keep investors safe in the wake of hacks.

2018-10-1 07:00


Фото:

Japan lost over $540M in cryptocurrency hacks in first half of 2018

Hackers have swiped over $540 million (60 billion Yen) worth of cryptocurrency from Japanese netizens over the first six months of 2018. On September 20, Japan’s National Police Agency revealed the number of cryptocurrency-related reported incidents rose to 158 – triple the amount of incidents over the same period last year, local outlet The Asahi Shimbun reports.

2018-9-20 11:47


Фото:

Mt. Gox Victims Must Go To Tokyo, Not US

The Mt. Gox exchange hacks still lurk in the air despite its implosion four years ago in 2014. The United States District Court for the Eastern District of Pennsylvania determined recently it doesn’t have jurisdiction in a case that involves Gox victims and a closely associated bank, in effect condemning the victims to redress their problems at the scene of the crime which is in Tokyo, not the US.

2018-9-13 13:30


Фото:

Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge Rules

Since its implosion back in 2014, the Mt. Gox exchange hacks continue to loom large within the cryptocurrency ecosystem. The U. S. District Court for the Eastern District of Pennsylvania determined recently it does not have jurisdiction in a case involving Gox victims and a bank closely associated, in effect condemning victims to redress their grievances […] The post Mt.

2018-9-13 09:40


Cryptocurrency Exchanges Are Fundamentally Flawed: Imperfections To Fix?

The Mt. Gox disgrace which took place in 2014 saw the advent of thefts and hacks, which have characterized a number of crypto exchanges, with the most recent occurring early this year. In this particular scandal, approximately $500 million worth of clients’ virtual assets disappeared from Coincheck, a Japan based crypto exchange. Apart from these […]

2018-9-2 12:15


Фото:

Millions of webstores can now accept cryptocurrency through Coinbase

Coinbase announcements are dropping faster than exchange hacks these days. It’s just released a brand-new plugin that makes accepting cryptocurrency way easier for millions of websites. The new plugin, spotted by DailyHodl, enables WooCommerce webstores to accept major cryptocurrencies directly into a user-controlled Coinbase wallet.

2018-8-3 13:43


How To Prevent Breaches Like Bancor

Although it appears that exchange hacks are becoming the new normal within the crypto industry, this could have been prevented if the smart contracts were properly tested for vulnerabilities. Yo Kwon, CEO and Founder of Hosho, the world’s leading blockchain security firm, has provided commentary on the breach and the importance of smart contract auditing […]

2018-7-11 10:06


Trade.io Rolls Out Security Systems In Anticipation For Upcoming Crypto Exchange

Trade.io has announced the employment of a world-class security officer alongside a trained team with the intention of enhancing their cybersecurity robustness. Disclosure: This is a Sponsored Article Strong security controls were in place for their token sale, allowing the system to fend off numerous cyber attacks and attempted hacks on both the website and […]

2018-7-3 16:30


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