Post
Topic
Board Announcements (Altcoins)
Re: NEM (XEM) Official Thread - 100% New Code - Easy To Use APIs
by
Alohaboy?!
on 22/03/2018, 15:01:01 UTC
Bitcoin.com reports that NEM foundation stops tracking coins stolen from Coincheck. Are there any information why?
Here is the link to the article https://news.bitcoin.com/nem-foundation-stops-tracking-coins-stolen-coincheck/

There really wasn't much need of it anymore. NEM is public ledger anyway, so can still track funds. Mosiac didn't stop hacker from laundering XEM.

This is nuts: https://www.nikkei.com/article/DGXMZO28441290S8A320C1MM8000/

Japan issues warning to Binance for servicing Japanese traders without KYC. If you translate it, it says "If they do not stop business, we will criminal charges in collaboration with police authorities"
Immediate tanking of most crypto following this report. :/ Right went we were getting off to good growth! Some say it's fake news. Also possible that site was hacked to post it. Don't know for sure right now!

edit/ It appears to be true: https://www.bloomberg.com/news/articles/2018-03-22/bitcoin-falls-after-report-that-binance-faces-warning-in-japan

Wow! It's one thing after another for NEM, isn't it? Thinking positively, I guess this could extend the buying opportunity for picking up more XEM. Exchanges being slapped with KYC warnings is pretty much inevitable no matter where in the world they are. It used to be thought that only US exchanges had to deal with that stuff, but that is definitely not true. Hopefully Coincheck and its traders cooperate and this turns out to be no more than a little bump in the road for them.

binance officially declared the news from nikkei.com as fake.