Any cryptocurrency exchange is always subject to intrusion. Coincheck, a Japanese platform, found that out the hard way once again. Suffering from a data breach is never fun for a company. Coincheck may Have Been Breached Again This is especially true if said company controls user funds on a daily basis. For Coincheck, it seems...Read More
Leveraged trading, or margin trading, has always been rather controversial in the cryptocurrency industry. Japan’s Coincheck exchange is ending this functionality in the next few months. It is rather uncommon for cryptocurrency exchanges to end margin trading out of the blue. Coincheck Ends Margin Trading For most service providers, this is one of the primary...Read More
The Tokyo-based crypto exchange, Coincheck, announced that it is terminating its leveraged trading service, in a blog post this morning. Settlement and Transfer Deadlines The planned end date for leveraged crypto trading is 12:00 on Friday, March 13, 2020, by which deadline all open positions should be settled. Customers will then have until the end...Read More
Tokyo-based crypto exchange platform Coincheck has halted all new margin trading orders until the end of October 2019. Cryptocurrency Margin Trading Capped at 4X In a statement issued on its website at the end of August 2019, the Japanese crypto trading platform announced the suspension of new margin trading orders. Also, the exchange said upon...Read More
A new age of banking is imminent. Legacy models will be forced to follow suit or become obsolete in the eyes of value holders worldwide, as new bitcoin and crypto services take over, seeking to implement blockchain systems with an eye on convenience and financial inclusion. Announcements of stablecoins and exchange services from giants Binance,...Read More
