


UPDATE: Shortly after the original article went to press, new information began emerging. In South Korea, regulators moved to fine exchanges for lax safety measures after an investigation revealed six out of ten major platforms were flouting laws.Īt around $25,000 per offending exchange, criticism of laws continues to revolve around the fact that such violations deserve higher penalties due to the amounts of money at stake. The news comes at a time when security robustness of Asian exchanges remains under the spotlight.

Record-breaking or not, it certainly marks a major blow to Japan’s fledgling regulated exchange sector. If the amounts being floated around are accurate, the Coincheck hack could well end up being the second largest theft of cryptocurrencies to date, dwarfing the amount claimed by attackers in any of 2017’s wallet compromises, including Parity’s much-publicized losses. For the Japanese Coincheck exchange, those problems came in the form of a system glitch. It has a circulating supply of 48,343,101,197 XRP coins and. The current CoinMarketCap ranking is 7, with a live market cap of 19,300,247,952 USD.
#COINCHECK XRP UPDATE#
We update our XRP to USD price in real-time. We are doing our utmost to resume normal operations as soon as possible,” one of two most recent updates reads.Īs of press time, the blog post includes advice that “Purchases and sales of cryptocurrencies other than BTC (altcoins) are currently restricted.” Exchange Security Crackdown Cryptocurrency exchanges can be hit with all types of problems. The live XRP price today is 0.399235 USD with a 24-hour trading volume of 1,558,514,875 USD. “All withdrawals from the platform are currently restricted, including JPY. A blanket withdrawal ban then came into force, the exchange updating an “urgent” blog post with sporadic information. XEM deposits were frozen, followed by XEM withdrawals and trading. A massive XRP moved from Coincheck to somewhere!!!ĭoes this relate their today's NEM trade freeze? #coincheck $xrp $nem Ĭoincheck’s own warnings its books were on partial lockdown surfaced earlier Friday.
