Japan suspends trade on 2 cryptocurrency exchanges

Japan's Financial Services Agency has ordered two cryptocurrency exchanges — Bitstation and FSHO — to stop doing business for a month. Five others, including Coincheck, were instructed to improve internal controls and report back to the regulator. The action follows an investigation into digital … read more …

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Japan Expands Cryptocurrency Crackdown After Coincheck Hack

The agency also forced Coincheck to submit a business improvement report by Feb. 13, which it did. Bitcoin slipped to $9,725 early on Thursday in Tokyo, extending overnight losses, according to prices compiled by Bloomberg. The largest cryptocurrency has slumped 15 percent during its three-day … read more …

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Japanese regulator orders suspension of 2 cryptocurrency exchanges

The Financial Services Agency in Japan has issued business improvement orders to seven cryptocurrency exchanges as it launches a belated crackdown in the wake of a $500m theft at one of the largest operators, Coincheck. Two exchanges – Bitstation and FSHO – were ordered to stop doing business … read more …

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Japanese authorities issue punishments to several cryptocurrency exchanges

Japanese regulators on Thursday issued punishment notices to several cryptocurrency exchanges and forced others to halt business, in an effort to shore up consumer protection after the $530 million theft of digital money from Tokyo-based bitcoin exchange Coincheck. A senior official at the Financial … read more …

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Bureau of Meteorology staff questioned by AFP over cryptocurrency mining: Report

It has been reported the Australian Federal Police (AFP) is investigating two Bureau of Meteorology (BOM) staff over allegations they were using the bureau's equipment to mine for cryptocurrency. As first reported by the ABC on Thursday, two BOM IT employees are being investigated for allegedly … read more …

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Bureau of Meteorology employees investigated for mining cryptocurrency at work

The “mining”, or creating, of cryptocurrency requires very powerful computers and consumes a huge amount of electricity. The complex process involves solving difficult equations and being rewarded in newly released currency. The computational puzzles become progressively harder over time and … read more …

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PSA: Don’t mine cryptocurrency on government computers

Australian Federal Police are investigating two government workers for allegedly using government computers to mine cryptocurrency. The ABC reports two IT employees at Australia's national weather agency, the Bureau of Meteorology, have been questioned by Australian Federal Police. According to … read more …

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BoM staffer on leave over cryptocurrency ‘mining’ investigation

Two people from the Bureau of Meteorology's Collns Street, Melbourne headquarters are being investigated by the Australian Federal Police for allegedly mining cryptocurrencies – of which Bitcoin is the best known example. Chris Ratcliffe. Ben Potter AFR Woodcut. Share on twitter. by Ben Potter. read more …

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