Octoin to hold a meeting of leaders of Indonesia

An important meetup of the leaders of Indonesia on April 8 to discuss the further company development
04 April 2018   382

Octoin has announced a new social event. An important meetup of Indonesian leaders will be held on April 8 in Tulungagung at Istana Hotel venue. The meetup aims to clarify the details of coordination of the Octoin projects and its participants. The focus is set to prospects and plans of the company's growth and development. The participating leaders will be able to share their experience and expertise with each other and offer new ideas for the further promotion of the Octoin community.

Octoin is an international platform with the maximum number of investment tools for earning the money at crypto market. The project mission is to make the cryptocurrency easy and affordable. According to the roadmap, the next step of the project development is the upgrade of the platform and connecting new services in May 2018.

At the moment of publication, Octoin market characteristics are as follows

Average price: $3.35

Volume (24H): $817,908

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   70

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.