Coinrail Exchange Hacked For $40 Million

The South Korea-based Coinrail exchange was hacked, which resulted in a loss of approximately $40 million, reported Coindesk on June 11. The trading platform has suspended its services after it suffered from a "cyber intrusion," resulting in a range of ERC-20 based tokens stolen from the exchange. Coinrail only announced some of the tokens that were stolen … Continue reading Coinrail Exchange Hacked For $40 Million

A Giant Fintech Japanese Company Will Launch a Cryptocurrency Exchange in 2018

Money Forward Inc., a giant fintech Japanese company announced it will launch a cryptocurrency exchange in 2018, reported Cointelegraph on May 23. The fintech giant created a subsidiary called MF Financial Co., Ltd., that was launched on Wednesday and that will be exclusively working on the company's new virtual currency trading platform. The MF plans to first launch … Continue reading A Giant Fintech Japanese Company Will Launch a Cryptocurrency Exchange in 2018