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Feb. 28, 2019

The largest cryptocurrency exchange Cryptopia plans to re-open its service on March 4, 2019, according to Cryptopia’s official page on Twitter.

On January 14th, the exchange suffered a security breach which resulted in significant losses. The approximate amount of stolen funds is equal to 9.4% of the exchange’s total holdings.

Last year registered a tenfold increase of alleged money laundering cases tied to cryptocurrencies in Japan: more than 7,000 cases were reported to the local authorities, comparing to the 669 cases registered in the last nine months of 2017 — since April 2017, when new rules made it compulsory for crypto exchanges to report suspicious transactions.

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