Coincheck Exchange Stopped All Currency Withdrawals

Coincheck suspended both crypto and fiat withdrawals after huge amounts of money disappeared from users' accounts on the exchange
26 January 2018   954

Coincheck, one of the leading Bitcoin and cryptocurrency exchanges in Asia, has reported on January 26 that it suspended all currency withdrawals, both crypto and fiat.

Later, it stated that depositing NEM on Coincheck was also restricted, and deposits made to users' accounts would not be reflected in their balance, and Coincheck recommended all users to refrain from making deposits until the restriction had been lifted.

All withdrawals from the platform are currently restricted, including JPY. Thank you for your understanding. We are doing our utmost to resume normal operations as soon as possible.
 

Coincheck Exchange Status

Later, it stated that depositing NEM on Coincheck was also restricted, and deposits made to users' accounts would not be reflected in their balance, and Coincheck recommended all users to refrain from making deposits until the restriction had been lifted.

Coincheck StatusCoincheck Status Page

As it was reported by Joseph Young, the writer at Cointelegraph, the Ripple payment worth $123M left Coincheck wallet on January 26 along with $600 million in XEM. The users suspect that it might be a hacking attack or a "planned move".

Unibright and NEM to Join Forces

Result of the partnership should be the creation of the possibility of generating NEM-oriented code in the Unibright framework
09 August 2018   267

The platform for integrating the blockchain into the business processes Unibright and the NEM Foundation announced a strategic partnership.

Representatives of the team Unibright said that the result of the partnership should be the creation of the possibility of generating NEM-oriented code in the Unibright framework and joining Unibright to the NEMsp service partnership program.

In addition, the partnership suggests:

  • adding NEM as a target of Unibrights automatic blockchain code generation
  • adding NEM adapters to Unibright’s integration plattform to connect NEM architectures to existing IT landscapes
  • qualifying Unibright as an official NEM Service Partner by training and certification through the Global NEMsp Network.
  • working together on common customer projects, case studies and proof of concepts with industry partners and clients

The NEMsp Network is a scalable and repeatable program designed to expedite the adoption of NEM globally while creating value for our partners. Companies won’t need to have any internal technical staff to be able to build on the NEM Blockchain because a project can be completely developed and deployed by a NEMsp. Unibright puts that development on an even higher level by generating code automatically, and thus are a perfect fit to the NEMsp network. We look forward to a long and mutually beneficial relationship with Unibright.
 

Kristof Van de Rek

Interim President, NEM.io

Unibright already cooperates with Lufthansa.