Compare Standard and Premium Digital here.Īny changes made can be done at any time and will become effective at the end of the trial period, allowing you to retain full access for 4 weeks, even if you downgrade or cancel. You may also opt to downgrade to Standard Digital, a robust journalistic offering that fulfils many user’s needs. If you’d like to retain your premium access and save 20%, you can opt to pay annually at the end of the trial. If you do nothing, you will be auto-enrolled in our premium digital monthly subscription plan and retain complete access for $69 per month.įor cost savings, you can change your plan at any time online in the “Settings & Account” section. For a full comparison of Standard and Premium Digital, click here.Ĭhange the plan you will roll onto at any time during your trial by visiting the “Settings & Account” section. Premium Digital includes access to our premier business column, Lex, as well as 15 curated newsletters covering key business themes with original, in-depth reporting. Standard Digital includes access to a wealth of global news, analysis and expert opinion. On Twitter, Facebook, Google News, and Instagram.During your trial you will have complete digital access to FT.com with everything in both of our Standard Digital and Premium Digital packages. In January 2018 the cryptocurrency exchange suffered a massive hack which saw it lose more than 500 million worth of digital coins. Rival tokens also slipped, with Ripple, Ether and Litecoin declining at least 1 percent.įollow HT Tech for the latest tech news and reviews, also keep up with us Coincheck itself is no stranger for being on the receiving end of unwanted attention from hackers. They have since climbed back above $10,000. The company said its systems were penetrated by a hacker in. Coincheck said it would still move forward with its application to secure a license.īitcoin slipped to a low of $9,523 on Thursday in Tokyo, extending overnight losses, according to prices compiled by Bloomberg. Japanese cryptocurrency exchange Coincheck said it would repay customers after falling victim to one of the world’s biggest heists.
The FSA has come under fire for allowing 16 exchanges, including Coincheck, to operate while they await a decision on their applications under a revised licensing system introduced last year. Otsuka said Coincheck will comply with the order. The government watchdog told Coincheck to revise its management structure, improve anti-money laundering procedures and submit a report by March 22. Still, with NEM trading at such a steep discount since the January attack, that means the hackers now own a stash worth considerably less than what the victims stand to receive in compensation.Įarlier on Thursday, the Financial Services Agency ordered Coincheck to make further improvements and penalized six other exchanges. NEM prices rose as much as 7 percent after the exchange said it will start compensating users. Since the theft, NEM prices have plummeted and were trading at about 30 cents before Coincheck's announcement on Thursday. Koichiro Wada, chief executive officer, said the exchange made enough money from spread trading to fund the payback, which amounts to 88.549 yen for each of the 523 million stolen NEM coins. Two days after the hack, Coincheck announced it would use company funds to reimburse all of those who lost money in the theft. Customers have withdrawn about 60 billion yen ($566 million) in cash since the incident, he said. Yusuke Otsuka, Coincheck's chief operating officer, told reporters that the exchange has bolstered its security measures and is working to compensate users. Read more about how $500 Million in digital currency might be laundered.
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