The hacking of a major Japanese cryptocurrency exchange is also helping to bring traditional financial services providers into the crypto market. On January 26, 2018, over $500 million was hacked from Coincheck, a cryptocurrency exchange; however, the exchange has since been sold to Monex Group, a large financial conglomerate. In…
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Exchange
Coincheck pays back cryptocurrency after hacker theft.
The Japanese cryptocurrency exchange Coincheck made headlines in January of 2018 when it suffered what might be the largest theft in modern history. Hackers targeted the exchange and made off with the equivalent of $500 million in cash. Some 260,000 customers were affected by the theft. The incident follows…
The Cryptocurrency Ban in South Korea: How and Why
Cryptocurrency has been gaining in popularity in recent years both as a means of exchange and as a financial investment. A cryptocurrency is a digital currency that is entirely independent of any central bank. The currency employs encryption techniques to generate and regulate the units of currency and to verify…
Release the Kraken! Crypto-exchange 'Kraken' comes back online with no fees.
The Kraken cryptocurrency exchange has come back online today, Jan. 13 at 11:30 UTC, after a more than 48-hour delay. The exchange was scheduled to go offline on Jan. 11 at 5 UTC for a predicted two hours for a system upgrade. As the maintenance time offline grew to…
What Can Blockchain Bring to the Education Space?
These days, you hear about blockchain and cryptocurrency ad infinitum. Despite the hype, blockchain could have a notable impact on education and schools.…
Coinbase #1 Trending on Apple App Store: Rises within Top Finance Apps
Coinbase, the largest cryptocurrency exchange today, is now the fastest trending app on the Apple App Store. After gaining its footing with crypto-insiders quite some time ago, it seems that Coinbase is going mainstream after reaching #74 in the US App Store. This rapid growth has coincided with a huge…