Osaka-based Tech Bureau Corp. would no longer offer exchange services after it had returned funds to customers of embattled Zaif crypto exchange.
It appears the FSA has been running Ziaf for a few months now due to several violations by the crypto exchange
The Japanese cryptocurrency exchange Zaif announced that it is resuming its activities under new management, several months after falling victim to a hack.
Japanese cryptocurrency exchange Zaif has completed the handover of its business to Fisco Cryptocurrency Exchange, just a matter of weeks after the company was hacked resulting in losses in excess of $60 million.
Cybersecurity experts in Japan claimed that they have found incriminating evidence against suspected hackers of Japanese cryptocurrency exchange, Zaif.
The embattled Japanese cryptocurrency exchange Zaif has published its plan for customer financial support, in the wake of a hack that cost the firm losses of up to JPY6.7 billion ($59.7 million).
The parent company of Japanese cryptocurrency exchange Zaif, Tech Bureau, has announced that it is temporarily halting new accounts on the exchange.
Three weeks after the hack happened, the clients of Japanese cryptocurrency exchange Zaif are still waiting for their money – even though it has allegedly already made arrangements to have the funds available.
Japan's Ministry of Finance (MoF) has slapped Zaif cryptocurrency exchange’s owner, Tech Bureau, with a business improvement order, a type of admonishment that carries serious penalties.
Zaif, a cryptocurrency exchange based in Japan, has fallen victim to a hack, resulting in the loss of JPY6.7 billion ($60 million) worth of cryptocurrencies.