#coincheck

[36crypto]

CoinCheck, a Japan-based digital currency exchange, has added the newly released and seventh-ranking cryptocurrency, Ripple’s XRP, to its list of available coins. This new development came after Ripple’s court case and is considered a significant breakthrough for crypto. The announcement was made via a tweet from CoinCheck, which also revealed the platform’s decision to list five additional…

[dencyemily]

Crypto Heists Surpass $11 Billion, Prompting Industry-wide Push for Enhanced Security

The world of cryptocurrency grapples with a dual narrative of successes and challenges, as outlined in a recent blog post by Comparitech. While digital currencies showcase increasing value and creative applications, the persistent concern of security breaches and thefts remains a critical issue, with over $11 billion worth of cryptocurrency stolen to date.

The blog post delves into specific incidents, such as the $620 million heist from Axie Infinity's Ronin Network, which exposed vulnerabilities in the widely popular play-to-earn game. Poly Network experienced a $610 million theft, with a notable twist as the hacker returned most of the funds, and Binance confronted a $570 million hack. The blog emphasizes that beyond the monetary losses, these incidents erode trust in the digital asset space.

Additionally, the blog points to historical breaches, including a $547 million heist from Coincheck, revealing the dangers of storing large amounts of cryptocurrency in online "hot wallets." The multi-year saga of MT Gox, where $470 million worth of Bitcoin was stolen, underscores the industry's early vulnerabilities.

As the number of crypto heists rises, Comparitech calls for immediate action to ensure the safety of users' digital assets. The blog advocates for exchanges and platforms to prioritize secure storage solutions, conduct thorough code audits, and adopt best practices for user authentication. It also highlights the crucial role of regulators in establishing clear guidelines and enforcing standards to prevent further breaches in the evolving landscape of cryptocurrency security.

[kriptoradar]

Ripple Etkisi: XRP'nin Son Hareketlerinin Ardındaki Sırların Çözülmesi

Ripple Etkisi

Bu makalede, Binance'den yapılan büyük bir XRP çekilmesinin kripto topluluğunda yarattığı spekülasyonlar, XRP'nin fiyatı üzerindeki olası etkileri, en büyük XRP sahiplerinin sırları ve Ripple'ın escrowed XRP'sini yakma konusundaki tartışmalar ele alındı. Ayrıca, XRP'nin piyasa performansı, en büyük sahiplerin dinamikleri ve Ripple'ın escrowed XRP'sini kullanma veya yakma kararı alması gibi konular işlendi. Athey ve Mitchnick XRP değerleme modelinin öngörülerine de değinilen makale, kripto topluluğunun XRP'nin geleceği üzerine düşünce ve beklentilerini şekillendirmeye devam ettiğini vurguluyor. Read the full article

[thxnews]

Top Virtual Currency Platform: DMM Bitcoin Leads

  Unveiling the Ranking: Top Exchanges for Virtual Currency Transactions

The Japanese information media, "Virtual Currency Magazine," operated by Review Co., Ltd., conducted a comprehensive survey to identify the best exchanges for cryptocurrency trading (仮想通貨取引). The results shed light on the top platforms preferred by men and women in their teens and older across Japan.   DMM Bitcoin Tops the Chart with Zero Transaction Fees Among the 93 participants surveyed in May 2023, a staggering 32.3% voted "DMM Bitcoin" as their number one choice. Notably, the key factor influencing their decision was the absence of any transaction fees. This major company's high name recognition and the attractive offer of receiving 2000 yen for opening a new account further propelled its popularity.   Coincheck and GMO Coin Secure Second and Third Positions Claiming the second spot, "Coincheck" gained favor among participants for its ability to enable cryptocurrency purchases with as little as 500 yen, along with no fees for account opening. Similarly, "GMO Coin" emerged as the third favorite, offering competitive fees, user-friendliness, and the trust instilled by its affiliation with the GMO Group.   More Choices for Crypto Enthusiasts "bitFlyer" and "bitbank" shared the fourth rank, both praised for their low fees and exceptional ease of use. Meanwhile, "BITPoint" earned the sixth position for its multitude of fee-free services, including transactions, deposits, withdrawals, and remittances. "Zaif" secured the seventh place, attracting users not only with its affordability but also its diverse selection of altcoins.  

Making Informed Choices Based on Fees

A prevailing sentiment among survey participants was the aversion to transaction fees, driving them to seek exchanges that minimize costs. With this insight, individuals considering virtual currency trading (仮想通貨取引) can confidently refer to the survey results to identify the most suitable platforms for their needs.  

Review Co., Ltd.: Providing Essential Information for Everyday Life

Review Co., Ltd. operates "Sublogg," an information site dedicated to enhancing daily life. Through various platforms like YouTube channels, owned media, and a personal gym, the company strives to deliver valuable content to its audience.  

About Review Co., Ltd.

Review Co., Ltd., located at GS Sakae Building 3F, Nagoya City, Aichi Prefecture, was established on January 5, 2022. As a web media operator, the company specializes in providing comprehensive and unbiased reviews of various products and services. With a team of experienced reviewers and industry experts, Review Co., Ltd. aims to help consumers make informed decisions by offering detailed analyses and evaluations. The company covers a wide range of categories including electronics, beauty and cosmetics, fashion, home appliances, travel destinations, restaurants, and more. They pride themselves on their commitment to delivering honest and reliable information to their audience. By conducting thorough research and testing procedures on each product or service they review, Review Co., Ltd. ensures that their content is accurate and trustworthy. Moreover, the company also offers a platform for consumers to share their own experiences through user-generated reviews. This interactive approach allows individuals to contribute their opinions while benefiting from the collective wisdom of others. Review Co., Ltd.'s dedication to transparency sets them apart as a reputable source for those seeking well-rounded assessments in today's saturated digital landscape.   Sources: THX News & Review Co., Ltd.   Read the full article

[bitnote]

【スマホで完了】Coincheck(コインチェック)の登録・口座開設方法を画像付きで解説

[g00melo5-art-blog]

ビットコイン（Bitcoin/BTC）を日本円に換金・交換する方法とは？

[gauntletqueen]

The CEO of Pocket Pair also a big cryptobro, proudly announcing himself to be the founder of Coincheck, a japanese cryptocoin service.

(the name Takuro Mizobe isn't listed on the wikipedia article, which, after some research, appears to be due to him leaving the company to start his game dev studio)

Here he is on an official company document listed along the currently documented founders.

has everyone gotten their knee-jerk reactions to palworld out. can i throw my two cents in

[apacentrepreneur-blog]

Fintech Startup: The Unbounded Vision Behind PayPay’s Growth in Tokyo

Tokyo, Japan’s bustling capital, is rapidly becoming a hub for the fintech industry. Known for its cutting-edge technology and innovative spirit, Tokyo’s financial technology sector is expanding at an impressive rate. Tokyo’s fintech business sector is seeing impressive growth and innovation, driven by a combination of government support, technological advancements, and a dynamic market.

In this article, we discuss the growth and opportunities of the fintech business sector in Japan and also followed by the success story of PayPay which is the largest mobile payment app and fintech startup founded in the year 2018.

The Rise of Fintech in Tokyo

Japan has a long history of technological innovation and this provides a foundation for the fintech industry. Along with this, Japan being a pioneer in electronics and robotics has laid for its current advancements in fintech. Tokyo also provides a suitable and effective ecosystem for the growth of fintech.

For more articles visit Apac Entrepreneurs

Trends Shaping Tokyo’s Fintech Sector

The shift towards a cashless society and digital payments has gained significance in Tokyo. Contactless payment options have accelerated adoption in response to the COVID-19 pandemic. Tokyo is also prominent in cryptocurrency exchanges, including bitFlyer and Coincheck. Along with this technologies like blockchain applications are also being explored by the companies in areas like supply chain management and digital identity verification.

About PayPay

PayPay Corporation is a fintech startup that was established in the year 2018. Masayoshi Son is the founder of PayPay, a mobile payment app in Japan. The company was established as a joint venture between SoftBank Group, Paytm, and Yahoo Japan through their holding company, Z Holdings.  

Vision of PayPay

The vision of the company is unlimited and explores all technologies with aiming to provide the best services and data security to customers. PayPay always wants to stay true to our roots and realize a vision that no one else can imagine by constantly taking risks and challenging limitations. This builds a mindset to come up with new ideas and opportunities daily, hence leading to growth and new solutions in the industry.

Services Provided by PayPay

PayPay helps people to easily make transactions with their smartphones without carrying their wallets. The app combines SoftBank’s sales force, Paytm’s technical support, and Yahoo’s development service. One can easily make payments with the help of the QR code by using their credit cards, debit cards, or directly from their bank accounts.

PayPay – The Largest Mobile Payment App

From the day of its establishment, the company has seen significant growth. The PayPay app had over 55 million registered users in 2023 and has now reached the number of 63 million registered users. The company has its team hugely diverse with members from over 50 different countries. As of May 2024, PayPay is Japan’s largest mobile payment app, being used by half of the Japanese and more than 2 billion payments per year. Hence Paypay being a startup, with its strategic approach and solid product has made an effective transformation in the finance sector of Japan.

Conclusion

To conclude, the fintech industry of Tokyo has been seeing immense growth with the adoption of innovations and advanced technologies. It is also driven by a combination of government support, technological advancements, and a dynamic market. PayPay which is a fintech startup is the largest mobile payment app in Japan having around 63 million registered users. The company along with accelerating its growth and success has also become an inspiration to other startups. With its rich technological heritage and strategic initiatives, Tokyo is well-positioned to continue leading the way in the global fintech landscape.

Visit More : https://apacentrepreneur.com/fintech-startup-the-unbounded-vision-behind-paypays-growth-in-tokyo/

[soropositivoorg]

Coincheck To Refund All Customers Affected By Hack, Faced By Community Support

Far far away, behind the word mountains, far from the countries Vokalia and Consonantia, there live the blind texts. Separated they live in Bookmarksgrove right at the coast of the Semantics, a large language ocean. A small river named Duden flows by their place and supplies it with the necessary regelialia. It is a paradisematic country, in which roasted parts of sentences. [penci_related_posts…

[microcomputertechnology]

AIに聞いてみた。 Google Gemini の回答 イーサリアム購入を検討されているんですね。Coincheckは、国内大手取引所の一つとして、イーサリアム購入に選択肢の一つとして検討できます。 Coincheckで […]

[duediligence7513]

Blockchain Forensics 

Blockchain, the revolutionary technology behind cryptocurrencies like Bitcoin and Ethereum, has been praised for its security and transparency. However, there’s a hidden side to blockchain that many are unaware of — blockchain forensics. In this article, we’ll delve into the secret world of blockchain forensics, uncovering its importance, techniques, applications, and challenges.

Introduction to Blockchain Forensics

What is blockchain forensics?

Blockchain forensics is the process of analyzing and investigating transactions on a blockchain network to trace illicit activities, such as money laundering, fraud, and illicit transactions.

Importance of blockchain forensics

As cryptocurrencies gain popularity, so do cryptocurrency-related crimes. Blockchain forensics plays a crucial role in combating these crimes by providing insights into the movement of digital assets and identifying individuals involved in illegal activities.

How Blockchain Transactions Work

Overview of blockchain transactions

Blockchain transactions involve the transfer of digital assets from one wallet address to another. Each transaction is recorded on a public ledger known as the blockchain, which ensures transparency and immutability.

Transparency and anonymity

While blockchain transactions are transparent, providing a detailed record of transactions, they also offer a level of anonymity. Wallet addresses, rather than personal information, are used to identify parties involved in transactions.

The Need for Blockchain Forensics

Rise of cryptocurrency-related crimes

With the growing popularity of cryptocurrencies, there has been a surge in cryptocurrency-related crimes, including thefts, scams, and ransomware attacks. Blockchain forensics helps law enforcement agencies track and trace these illicit activities.

Regulatory compliance requirements

Regulatory bodies and financial institutions are increasingly requiring compliance with anti-money laundering (AML) and know your customer (KYC) regulations. Blockchain forensics assists in ensuring compliance by monitoring transactions and identifying suspicious activities.

Tools and Techniques Used in Blockchain Forensics

Data analysis software

Blockchain forensics relies on sophisticated data analysis software to analyze large volumes of blockchain data and identify patterns and anomalies.

Cryptocurrency tracing tools

Specialized cryptocurrency tracing tools, such as Chainalysis and Elliptic, are used to track the flow of digital assets across the blockchain and identify illicit transactions.

Real-Life Applications of Blockchain Forensics

Investigating cryptocurrency thefts

Blockchain forensics has been instrumental in investigating high-profile cryptocurrency thefts, such as the Mt. Gox hack and the Coincheck hack, by tracing the movement of stolen funds.

Tracking illegal transactions

Law enforcement agencies use blockchain forensics to track illegal transactions, such as drug trafficking and terrorism financing, by analyzing blockchain data and identifying individuals involved in these activities.

Challenges Faced in Blockchain Forensics

Anonymity of blockchain transactions

The anonymity of blockchain transactions presents a significant challenge for blockchain forensics, as it can be difficult to identify the individuals behind transactions without additional information.

Jurisdictional issues

Blockchain operates on a global scale, making it challenging for law enforcement agencies to enforce regulations and investigate crimes across different jurisdictions.

Future Trends in Blockchain Forensics

Advancements in technology

As blockchain technology evolves, so do forensic techniques. Advancements in artificial intelligence and machine learning are expected to enhance the capabilities of blockchain forensics tools.

Integration with law enforcement agencies

Blockchain forensics is increasingly being integrated into law enforcement agencies and regulatory bodies, enabling them to better combat cryptocurrency-related crimes and ensure regulatory compliance.

Conclusion

Blockchain forensics plays a vital role in ensuring the integrity and security of blockchain networks. By uncovering illicit activities and providing insights into blockchain transactions, blockchain forensics helps combat cryptocurrency-related crimes and ensures regulatory compliance. Despite the challenges it faces, blockchain forensics continues to evolve, promising a future where blockchain technology remains secure and transparent.

[blockchainforensics87]

Blockchain Forensics: The Key to Unlocking Cryptocurrency Crimes

Blockchain forensics has emerged as a vital tool in the fight against cryptocurrency-related crimes, offering investigators unprecedented insights into the decentralized world of digital currencies. As cryptocurrencies continue to gain popularity, so too do illicit activities such as fraud, money laundering, and ransomware attacks. In this article, we'll explore how blockchain forensics serves as the key to unlocking cryptocurrency crimes and bringing perpetrators to justice.

Understanding Blockchain Forensics

Tracing Transactions: Blockchain forensics involves tracing cryptocurrency transactions on the blockchain, a decentralized ledger that records all transactions in a transparent and immutable manner.

Identifying Patterns: By analyzing transaction data, blockchain forensics experts can identify patterns and anomalies that may indicate suspicious activity, such as large transfers of funds or transactions involving known illicit entities.

The Role of Blockchain Forensics in Crime Investigations

Combatting Fraud: Blockchain forensics helps investigators trace the origins of fraudulent transactions, identify fraudulent actors, and recover stolen funds.

Money Laundering Investigations: In cases of money laundering, blockchain forensics enables investigators to follow the flow of illicit funds through the blockchain, uncovering the identities of money launderers and their accomplices.

Techniques Used in Blockchain Forensics

Transaction Analysis: Investigators analyze individual transactions on the blockchain, examining details such as transaction amounts, timestamps, and sender/receiver addresses to reconstruct transaction histories.

Address Clustering: Address clustering techniques are used to group together related addresses based on their transactional behavior, allowing investigators to identify clusters of addresses controlled by the same entity.

Real-world Applications

Cryptocurrency Exchange Hacks: Blockchain forensics played a crucial role in investigating high-profile cryptocurrency exchange hacks, such as the Mt. Gox and Coincheck incidents, by tracing stolen funds and identifying perpetrators.

Ransomware Attacks: In ransomware attacks, blockchain forensics helps track ransom payments made to cybercriminals, potentially leading to the identification and apprehension of ransomware operators.

Challenges and Future Directions

Privacy Concerns: Privacy-focused cryptocurrencies and mixing services present challenges for blockchain forensics, as they obscure transaction trails and make it more difficult to trace funds.

Regulatory Compliance: Adhering to regulatory requirements and legal standards poses challenges for blockchain forensics, as investigators must ensure compliance with anti-money laundering (AML) and know-your-customer (KYC) regulations.

Conclusion

Blockchain forensics is a powerful tool for investigating cryptocurrency-related crimes and holding perpetrators accountable. By tracing transactions, identifying patterns, and leveraging advanced analytical techniques, blockchain forensics experts play a crucial role in combatting fraud, money laundering, and other illicit activities in the cryptocurrency space. Despite challenges posed by privacy concerns and regulatory compliance, blockchain forensics continues to evolve, empowering investigators to unravel digital mysteries and uphold the integrity of the cryptocurrency ecosystem.

[blockchainfeed]

Coincheck and Thunder Bridge Capital filed their registration statement with the SEC, bringing their merger and Nasdaq listing closer to completion. #Blockchain #Crypto