On Tuesday, the well-known Japanese crypto exchange, victim of the major hack for $534 million, Coincheck has announced the resumption of new user registration and buying of coins
The new account opening is said to be available only for Japan-based clients, as it was before the hack. The company stated in its notice:
"After a customer applies for new account opening, we will send an email to notify the receipt of the application as soon as we complete checking of registration details, the submission of identification documents, and the selfie, etc."
Besides, the platform can ask users to correct the registration data or provide more documents in case of any detected incompleteness. The checking process can take several days or can last longer at overload periods (inquiry influx).
For now, Coincheck reportedly opens deposit/withdrawal services for bitcoin, Ethereum Classic, Litecoin and Bitcoin Cash. In the long run, it plans to resume trading of Ethereum, NEM, Lisk, XRP and Factom upon confirmation of their security.
The company restarts operations gradually, while third-party experts check and confirm the security of each phase. In February, the exchange restored "JPY withdrawal and remitting and selling of cryptocurrencies gradually during the period from March to June 2018."
Notably, the parent company Monex, which acquired Coincheck later after the hack, appointed new management and expanded staff to 250 employees, twice as much as before.