Industry Watch 9 February, 2018

Nami | Daily Crypto News 09.02.2018

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Coin Telegraph: Men’s New York Fashion Week Shows Threads Of Crypto Inspiration

The Raf Simons and Tom Ford runway shows at New York Fashion week show clothing potentially inspired by or made for cryptocurrency traders.

Coin Desk: Crypto Exchange Coinsquare Secures $30 Million in New Funding

Canadian cryptocurrency exchange Coinsquare has raised $30 million in new equity financing.

Nikkei Asian Review: Japan’s FSA raid more virtual currency exchanges

Japan’s Financial Services Agency has started to raid more operators of virtual currency exchanges in the country to check that they have adequate security monitoring systems, Finance Minister and Deputy Prime Minister Taro Aso told reporters on Friday.

Financial Times: Cryptocurrency exchange Binance suspends trading

Binance has denied that it was hacked after a system upgrade sparked an extensive halt of trading and customer withdrawals of funds at one of the world’s biggest cryptocurrencies exchanges.

Nikkei Asian Review: Coincheck hacker using darknet to trade NEM

The hacker who last month stole 58 billion yen ($528 million) worth of the cryptocurrency NEM from Coincheck appears to be trying to exchange the loot for other digital coins on the darknet. Cryptopirate offers bitcoin holders 15% discounts on the alt currency.

Financial Times: India chases 100,000 for tax on cryptocurrency profits

India’s crackdown on bitcoin shows signs of gathering pace, after the tax authority revealed it has issued 100,000 tax notices to cryptocurrency investors suspected of concealing profits.

Bangkok Postr: Creden.co offers eKYC service

Creden.co is the latest fintech created to provide online authentication using eKYC (electronic Know Your Customer), paving the way for cryptocurrency and initial coin offerings (ICO).

The Edge Market: Coincheck seeks to allow yen withdrawals from Tuesday — NHK

Japanese cryptocurrency exchange Coincheck Inc, reeling from a daring theft of US$530 million of digital money by hackers, had secured the safety of its systems and is seeking to allow customers to resume yen withdrawals from Tuesday, national broadcaster NHK said on Friday, citing unnamed sources.

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