Tech Bureau

Tech Bureau, Corp.
Native name
テックビューロ株式会社
Tekku Byuro Kabushiki Gaisha
Privately held company
Industry Internet and software development
Founded June 16, 2014 (2014-06-16)
Founder Takao Asayama
Headquarters 1-15-18 Utsubohommachi, Nishi-ku, Osaka, Japan
Services Zaif cryptocurrency exchange
Number of employees
Approx. 60 (2018)
Website techbureau.jp

Tech Bureau, Corp. is an internet and software development company based in Nishi-ku, Osaka, Japan.

Services

Zaif

Zaif is a cryptocurrency exchange that handles currencies including Bitcoin, Bitcoin Cash and Monacoin. As of September 2018, it was ranked as the 35th largest cryptocurrency exchange by turnover,[1] and was one of sixteen cryptocurrency exchanges licensed and regulated by the Japanese Financial Services Agency (FSA).[2] The FSA issued business improvement orders to the exchange in March and June 2018.[3]

On September 14, 2018, the exchange was hacked and the equivalent of $60 million in cryptocurrency was stolen. The hackers reportedly gained access to "hot wallets" through which the exchange held funds for immediate transactions. Tech Bureau said that it did not notice the breach until Monday, September 17, and that the breach was then promptly reported to police and the FSA.[4] The hack resulted in a suspension of withdrawals and deposits, and a bailout agreement with Fisco, a Japanese company that injected 5 billion yen in financial support to Tech Bureau.[1][2] The FSA issued a third business improvement order to the exchange following the incident, and were reportedly considering suspending or cancelling its license.[3]

COMSA

COMSA is an integrated blockchain solutions provider offering initial coin offering fundraising and blockchain technology integration services.[5]

References

  1. 1 2 Reidy, Gearoid (2018-09-19). "Hackers Steal $60 Million From Japanese Crypto Exchange Zaif". www.bloomberg.com. Retrieved 2018-09-20.
  2. 1 2 Yuda, Masayuki (2018-09-30). "Japanese cryptocurrency exchange Zaif hacked for $60m". Nikkei Asian Review. Retrieved 2018-09-20.
  3. 1 2 Huillet, Marie (2018-09-25). "Operator of Hacked Crypto Exchange Zaif Gets Third Warning From Japan's Watchdog". Cointelegraph. Retrieved 2018-09-25.
  4. Nagata, Kazuaki (2018-09-20). "¥6.7 billion in digital money stolen from Osaka firm". The Japan Times Online. ISSN 0447-5763. Retrieved 2018-09-20.
  5. "COMSA - 実ビジネスのブロックチェーン導入を支援するICOソリューション". comsa.io (in Japanese). Retrieved 2018-09-20.
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