Blockchain Week to Be Held in Vietnam

Vietnam Blockchain Week will be held in Ho Chi Minh City, Vietnam on March 7 - 8, 2018
06 March 2018   408

Vietnam Blockchain Week, being the first major blockchain coference in that country, is aiming to be one of the world’s premier destinations for entrepreneurs and startups. It will host 1,500 participants, 50 speakers, 500 companies and 15 case studies.

The attendees of the conference will be able to connect with senior executive policy makers and key opinion leaders, get involved in discussions on the latest tech trends and innovative ideas, show their creativity by learning from experts in fields such as banking, logistics and marketing, share innovative ideas and raise funding for their start-ups.

Vietnam blockchain weekVietnam Blockchain Week

Location: Riverside Palace, 360D Ben Van Don Str., Ward 1, Dist. 4, HCMC, Vietnam
Date: March 7 - 8, 2018

The headline speakers include Nguyen Hung Nguyen (CIO at NAPAS), Adam Vaziri (CEO of QRC & Board Member, UK Digital Currency Association), Charles Hoskinson (CEO and Co-Founder at IOHK), Alex Medana (Board Member at Fintech Association Hongkong).

Japan to Tighten Regulation Due to Zaif Hack

$ 62 000 000 worth cryptocurrency was stolen from the Zaif exchange few weeks ago
25 September 2018   83

Hacking of Zaif exchange is the reason for toughening control over the market by the financial regulator of Japan, Reuters reports.

The first measure taken was administrative sanctions against the exchange and its operator Tech Bureau Corp. The Financial Services Agency (FSA) has expanded the list of requirements for the latter, pointing out the need to identify preventive measures and search for the organizers of the theft.

Shortly before that, researchers of the Japanese financial company Tech Bureau Corp could not provide details of the theft of $ 62 million from the Zaif crypto exchange at the request of the FSA. The Osaka-based operator had to investigate the causes, consequences of the theft and options for compensating the victims. According to the Agency, the financial company could not cope with the task.

According to the Tech Bureau, the exchange was hacked on September 14 within a few hours. The problem with the server was discovered by the site staff on 17 September. Official confirmation of the incident and notification of the authorities was made only a day later.

Recall, the theft of $ 60 million from the Japanese stock exchange Zaif caused a surge of volatility of bitcoin. For a short time the price was able to overcome the distance of $ 400.