Cryptocurrency exchange Coincheck will resume trading in XRP token

According to Financial Magnates, the Coincheck exchange told customers that it plans to resume full support for all cryptocurrencies that existed before the hack in January 2018, which cost the company half a billion dollars. Among other things, users can once again deposit, withdraw and sell Ripple's altcoins XRP and Factom (FCT).

Recall that in January of this year, the largest hacker attack in the history of bitcoin and distributed ledger technology occurred on the Japanese exchange Coincheck, the losses from which amounted to 526 million NEM (XEM). After the incident, the exchange was forced to stop all transactions with the stolen cryptocurrency and some other types of cryptocurrencies.

Despite the fact that the large-scale robbery did not stop the overall operation of the regulated exchange, the platform owners decided to call it a closure. Later, the financial company Monex Group, Inc. acquired the Coincheck exchange for 3.6 billion yen (33.5 million US dollars).

Monex Group's purchase of the trading platform Coincheck has since been able to recover and gradually resumed its products and services.

In October, Coincheck allowed clients to open new accounts and place a wide range of cryptocurrencies, including bitcoin (BTC), ethereum classic (ETC), NEM (XEM) and others.

To protect itself from repeated hacks, the exchange decided to resume services only after receiving confirmation of the technical security of the platform and products offered, based on reports from independent cybersecurity experts.

According to btcmanager.com