Japanese Lost $6M Due to Crypto Hacks in 2017

At least 149 cases of hacking emerged last year; 16 exchanges affected
22 March 2018   184

About $ 6.2 million in the cryptocurrency were stolen from Japanese exchanges and other services last year. This is reported by the Nikkei.

According to him, the National Police Agency published its first annual report on the topic of the Crypto-Currency on Thursday.

The report refers to 149 registered thefts. Users of 16 exchanges and 3 wallets suffered from thefts, lost about 662 million yen. The main goal of intruders was bitcoin. In total, 85 bitcoins were stolen during this period.

The agency does not specify the names of the affected exchanges and services, but notes that during the calculations it did not take into account the theft of 500 million NEMs from the Coincheck this year.

In 122 cases, which account for 80% of the lost funds, additional security measures were not used, such as two-factor authentication, the report says.

The increase in the activity of malefactors coincided with the rise of bitcoin and other crypto-currencies. So, in April, 7 thefts were registered, in May - 19, and in June - 41.

Consensus 2018 summit to be held in New York City

4th annual blockchain technology summit - Consensus 2018, will take place in New York City on May 14-16
22 April 2018   32

CoinDesk has announced its 4th annual blockchain technology summit Consensus 2018 on May 14-16 at the New York Hilton Midtown. Along with the discussions on the blockchain technology, the event is going to feature a hackathon, PoW pitch competition and a scholarship award in a partnership with Zcash. Title sponsors of the event include bloq, Deloitte, Ledger, Octagon Strategy and SONM.

Consensus 2018 will feature 250+ speakers and 4,000+ attendees from the leading industry startups, investors, financial institutions, enterprise tech leaders, and academic and policy groups who are building the foundations of the blockchain and digital currency economy. Among the notable speakers there will be Blockstack co-founder Dr. Muneeb Ali, J.P.Morgan blockchain program lead Amber Baldet, eToro CEO and founder Yoni Assia, Hyperledger executive director Brian Behlendorf, ConsenSys founder Steve Cerveny, Athena Capital founder Meltem Demirors and many others.

The full 3-day agenda of the event can be found here.