Coincheck’s Growth Reveals Surging Japanese Bitcoin Trade
Coincheck, one of the top four bitcoin exchanges in Japan by volume, has recently experienced a growth explosion in terms of new users, trading volumes, as well as the number of merchants using its payment service. Bitcoin.com caught up with Kagayaki Kawabata, Coincheck’s Business Development Lead to discuss the achievements. User Base Exploded. “Our....
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The Coincheck crypto exchange will list Chiliz and Socios fan tokens on its new NFT marketplace. Japanese cryptocurrency exchange Coincheck has partnered with major global fan token makers, Chiliz and Socios, Cointelegraph Japan reports.As part of the new partnership, Coincheck will list Chiliz and Socios’ fan tokens on Coincheck's non-fungible token, or NFT, marketplace, the company announced Monday. Coincheck originally announced that it was considering launching an NFT platform in August 2020. According to the latest announcement, Coincheck’s platform has already listed several NFTs for....
More details keep appearing from the police investigation into the 2018 Coincheck hack that stole $530 million from the crypto exchange. Japanese authorities revealed that most of the individuals involved have a “high social status.” One of the Individuals Took Part in a NEM Swap Deal Is Worth $64 Million According to a report published by Bunshun, “the majority” of the men involved in the case are “high income” individuals. In fact, they come from different professional backgrounds, such as being company managers and doctors. Prosecutors said the....
Leading Asian Bitcoin exchange, Coincheck launched in 2014 just as drama in the industry was at an all-time high. Mt. Gox, led by Mark Karpeles, was in the midst of a drawn out and damaging bankruptcy. Media attention was at an all-time high, especially in Japan, where Mt. Gox had been headquartered. Media reports were oft misleading about the true relationship between Mt. Gox and the digital currency, Bitcoin. “Every media outlet in Japan broadcasted Mt. Gox as Bitcoin implanting misleading impressions to the Japanese people,” said Coincheck’s Lead of Business development, Kagayaki....
Japanese Bitcoin services firm Coincheck today announced “Coincheck Denki“, a service allowing local users to pay utility bills with bitcoin. Furthermore, bitcoin users will actually save money — up to 4%-6% for “heavy users”. Even lighter users can save on their bills, Coincheck said. Users will also collect the amounts they save in bitcoin, stored in a....
The size of the Japanese Bitcoin exchange market surpassed that of China and the US, overtaking two major markets to become the largest Bitcoin exchange market in the world with a $135 mln daily trading volume and over 50 percent market share. A whole variety of factors have contributed to such an exceptional growth. However, after careful consideration of major events that have occurred in 2016, the decline of the Chinese market and introduction of sound, practical regulations from the Japanese government might have had the strongest impact on the growth of the Japanese Bitcoin industry.....