Coincheck files hacking report with regulators

INTERNATIONAL – Japanese cryptocurrency exchange Coincheck, under pressure to better safeguard investors after the daring theft of $530million (R6.33billion) of digital money last month, said it had yesterday filed a report with regulators on the hacking.

The Financial Services Agency ordered Coincheck to raise its standards after the late-January hack, directing it to submit a report on the security of its systems and measures it would take to prevent a repeat.

The report included Coincheck’s investigation into the heist and details of steps to bolster its risk management system, the exchange said.

The submission of the report came as Coincheck …read more