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Coincheck is a bitcoin wallet and exchange service headquartered in Tokyo, Japan , founded by Koichiro Wada and Yusuke Otsuka. Coincheck started in August and is operated by Coincheck, inc. In March , the entertainment company DMM. The hack led two of Japan's crypto-currency trade groups to merge into a new self-regulatory organization. The hack only involved NEM. Because the security breach was caused by the lack of strong security measures of Coincheck, the NEM development team refused to conduct a hard fork.
Instead NEM is creating an automated tagging system. This automated system will follow the money and tag any account that receives tainted money. From Wikipedia, the free encyclopedia. Buy and sell Ethereum Classic coincheck". Retrieved 29 January The Japan News by the Yomiuri Shimbun.
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