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Cryptocurrencies

Cryptocurrencies lose shine as costs go up and transactions fall

Half a year after Coincheck theft, Japan exchanges see profits evaporate

Japan's cryptocurrency exchanges are still feeling the fallout of the Coincheck heist six months ago.   © Reuters

TOKYO -- Six months since the $530 million heist at Coincheck, Japan's cryptocurrency exchanges are still reeling from the hit to their reputation and additional costs now required to prevent something similar from happening again.

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