Industry Watch 9 March, 2018

Nami | Daily Crypto News 09.03.2018

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Nikkei Asian Review: Coincheck to start repaying heist victims next week

Embattled Japanese cryptocurrency exchange operator Coincheck announced on Thursday that it will start repaying victims of the January NEM virtual currency heist from next week.

Coin Telegraph: SWIFT’s Blockchain Pilot For Bank-To-Bank Transfers Went ‘Extremely Well’

A report on SWIFT’s test program of DLT technology for Nostro account reconciliation has been published, DLT technology shows “fantastic progress.”

Forbes: Microsoft Saves 400,000 Windows Users From A Malicious Cryptocoin Miner

Just two days ago, a highly-sophisticated new malware strain started attacking Windows computers. In just 12 short hours, it attempted to infect nearly half a million systems. Microsoft’s improved anti-malware software saved the day.

Coindesk: Ethereum Foundation Awards Millions In New Grant Funding

A total of 13 projects received more than $2.5 million combined to work on scalability, security, development experiences, user interface study and other derivatives of the ethereum blockchain, according to a Wednesday announcement.

Business Insider: Coinbase snags an executive from the New York Stock Exchange as it tries to become the Google of crypto

Eric Scro is set to join Coinbase as vice president of finance. Previously, Scro was the head of finance at the New York Stock Exchange. Coinbase told Business Insider it expects to double its team from 250 employees to 500 in 2018.

Korean Times: Korea to allow ICOs with new regulations

The financial authorities are preparing a plan to allow initial coin offerings (ICOs), digital token-based fundraising rounds, for domestic investors, to advance blockchain-based technologies, according to sources familiar with the issue.

Nikkei Asian Review: Japan regulator punishes 7 cryptocurrency exchanges over security

Japan’s financial watchdog on Thursday announced that seven cryptocurrency exchange operators have been penalized for failing to adequately protect customers and prevent money laundering.

Nikkei Asian Review: Coincheck aims to resume operations next week

Cryptocurrency exchange operator Coincheck, the target of a massive heist in late January, plans to resume partial operations sometime next week as Japanese regulators bolster efforts to protect customers.

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