COINCHECK

The financial services firm announced a suite of changes to its management.

The plans were launched in the Tokyo Gas Area.

The Group has also introduced “Monex Points,” where one point is equivalent to ¥1.

Users can earn points by taking internet-based surveys.

IEO has become a lucrative model for crypto fundraising.

Instead, Goto has been named as executive director and Head of Operations division of Monex, Inc.

The changes will be effective from the 22nd of June, 2019.

After authorities have long suspected North Korea behind the theft, new evidence suggests Russian hackers are guilty.

The minimum trading limit has been set at 50 Bitcoin.

The group is trying to promote collaboration among its subsidiaries.

Monex Coin Management is soliciting customers of the Group to use an automated trading system.

The exchange resumed its services in November 2018 after the hack and was operating under a provisional license.

The Nikkei newspaper is reporting that the cryptocurrency exchange is set to receive regulatory approval.

One of the Japanese corporation's other subsidiaries has invested in a competing exchange.

Eleven of the largest hacks of the past five years took place in the first half of 2018.

With this move, Coincheck has now reintroduced all cryptocurrencies since it was hacked.

Customers in Japan can now open new accounts and deposit and purchase BTC, ETC, LTC and BCH.

For H1 of the firm’s 2019 fiscal year, revenues were also up more than six percent YoY.

Effective from today, Kiyoshi Tamura has resigned as Monex's auditor.

In other news, the Japanese financial watchdog is unhappy with the results of its inspections of cryptocurrency exchanges.

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