Japan’s Crackdown on Crypto Exchanges Sends a Ripple Tide Across the Industry

[orangetax]

Japan has cracked down on two crypto exchanges and issued a warning to five others after Coincheck lost over $500 million to hackers in late January. During the heist, hackers accessed hot wallets and made a series of transfers before they were eventually stopped.

Read the full article here : http://coinfrenzy.io/japans-crackdown-on-crypto-exchanges-sends-a-ripple-tide-across-the-industry/
For more interesting and trending articles : http://coinfrenzy.io/

[jacaf01]

Why are you painting it as if this is a new story. For me I support the regulator, how in the world would $500 million disappear on your exchange withpout being able to stop it, so hy do people need such a service that can't protect user's fund. This will make them to sit tight and this is not to Japanese exchanges but to the whole ecosystem