AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |
Back to Blog
Coincheck etc12/8/2022 ![]() ![]() In fact a figure of 90% or so was pledged. It soon pledged to pay back most of their customer's stolen funds. ![]() Later that weekend, Coincheck came up with a figure from the heist, around USD530Million in value. It keeps customer funds "offline" if you will, with no direct hacking possible from any hacking team (like those North Korea) near your funds. The cold wallet storage style needs more personnel and more cost to maintain. This is what many have discovered last week. However, it is still linked to the internet and therefore easier to steal and hack from. If an exchange keeps customer funds in a hot wallet format, it is easier and more simple to service. The main issue for customer safety seems to be a "hot wallet" vs "cold wallet" storage choice. #COINCHECK ETC LICENSE#Around 10+ exchanges are in "process" of getting a license from Japan's FSA, but the bar just got raised. Another 5 got licenses in December 2017, but Coincheck was not one of the licensed 16 in Japan. Customer service needs bodies, and Coincheck did not have many staff to spare when various emails, tweets and telephone calls came in asking for answers.Īs far as background, on September 29, 2017, 11 crypto exchanges got licenses from Japan's FSA. Many learned from a Twitter post that the cryptocurrency exchange called Coincheck had suspended many accounts and withdrawals, except curiously for Bitcoin. #COINCHECK ETC TRIAL#In July 2022, a light paper was disclosed that presented the concept and future plans for “Otherside.” In addition, the first “Voyager’s Journey” trial version, which served as a technical test, was offered to approximately 4,300 “Otherdeed” holders and selected developers.To the 260,00+ customers of Coincheck, January 26, was not a good Friday. “Otherside” is a user-driven open world platform that launched in April 2022 with 55,000 “Otherdeed” plots sold. In “Oasis MARS,” Coincheck will continue to collaborate with various creators, artists, and other partners to advance the project and create a precedent in the still nascent metaverse, and pursue new possibilities in a world that combines metaverse and NFTs.Ĭoincheck is looking for metaverse creators to participate in the “Oasis MARS” project as project members, as well as artists, organizations, and companies that can help it promote the “Oasis MARS” and other “Oasis” projects through collaboration projects and etc. have been decided even before metaverse cities are open to the public. ![]() In January 2022, Coincheck began developing “Oasis TOKYO” in the metaverse game “The Sandbox,” and in March 2022, Coincheck began developing “Oasis KYOTO” in the metaverse game “Decentraland.” Collaborations with various artists, celebrities, brands, etc. Coincheck, Inc, a subsidiary of Monex Group, has launched a project with Yuga Labs, the owner of NFT collections such as “Bored Ape Yacht Club (BAYS),” to develop a metaverse city “Oasis MARS” in the metaverse “Otherside.”Ĭoincheck also started recruiting metaverse creators to participate as project members of “Oasis MARS” and collaboration partners to enhance “Oasis MARS” project.Ĭoincheck is currently focusing on developing “Oasis,” a project for urban development in a metaverse that utilizes blockchain among the emerging next-generation SNS-typed internet, and working to create a new customer experience and digital economic sphere by combining the metaverse and NFTs. ![]()
0 Comments
Read More
Leave a Reply. |