Tag - bitcoin

 
 

BITCOIN

A North Korean hacker group is believed to have planted a virus on the computer of an employee at Ginco — a company that was entrusted with the deposit and withdrawal of DMM Bitcoin’s virtual currency — through a fake job recruitment message sent via LinkedIn.
JAPAN / Crime & Legal
Dec 24, 2024
North Korean hacker group behind DMM Bitcoin’s cryptocurrency leak
The hacker group is believed to have planted a virus on an employee's computer using a fake job recruitment message sent via LinkedIn.
The rise in crypto heists comes as bitcoin jumped 140% this year to surpass the $100,000 mark.
BUSINESS / Tech
Dec 20, 2024
Losses from crypto hacks jump to $2.2 billion in 2024, report finds
The rise in crypto heists comes as bitcoin jumped 140% this year to surpass the $100,000 mark.
A customer leaves a luxury eyewear shop in Hong Kong on Wednesday.
BUSINESS / Tech
Dec 19, 2024
As bitcoin soars, luxury brands consider accepting crypto payments
Luxury labels have long sought to cater to affluent shoppers from the tech industry.
Many of the investors who stuck with cryptocurrency through its ups and downs, its scandals and scams, are now basking in an I-told-you-so glow.
BUSINESS / Markets
Dec 6, 2024
Bitcoin's true believers bask in I-told-you-so glow at $100,000
The milestone marks a spectacular comeback from a “crypto winter” two years ago in the wake of the collapse of the FTX exchange in a pile of fraud.
Bitcoin has risen to $100,000 for the first time amid optimism in the market that U.S. President-elect Donald Trump's administration will provide support to the digital-asset industry.
BUSINESS / Markets
Dec 5, 2024
Bitcoin hits $100,000 in highly anticipated crypto milestone
A price of $100,000 pushes the market value of Bitcoin to just shy of $2 trillion, making it a larger investment asset than all but a handful of public companies.
DMM Bitcoin plans to hand over its customers' deposits to SBI VC Trade, a cryptocurrency exchange unit of SBI Holdings, around next March.
BUSINESS / Companies
Dec 2, 2024
Crypto exchange operator DMM Bitcoin to close business
About ¥48.2 billion's worth of customers' bitcoin deposits were stolen in May.
A BitBase cryptocurrency exchange in Barcelona on Monday. Bitcoin’s record-breaking rally took the digital asset past $89,000 as traders bet on a boom under President-elect Donald Trump.
BUSINESS / Tech
Nov 13, 2024
Swagger returns to cryptocurrency as bitcoin soars
Crypto is in the grip of a market mania the likes of which it hasn’t seen since 2021.
An Athena Bitcoin ATM in Phoenix, Arizona, on Wednesday. Crypto advocates are taking a victory lap as the vast amounts of money they poured into the U.S. elections yielded huge dividends, from Donald Trump's reelection to downballot wins for politicians friendly to the sector.
BUSINESS / Markets
Nov 11, 2024
Bitcoin breaks $81,000 as token becomes totem for new Trump era
Trump's decisive victory in the presidential election has prompted celebratory chest-thumping from the digital-asset industry.
A sculpture representing Satoshi Nakamoto, the pseudonymous creator of Bitcoin, located on the grounds of a park in Budapest
COMMENTARY / World
Oct 22, 2024
Who was Bitcoin’s Satoshi? I need to know and so do you.
It’s only natural, and even healthy, to be curious about who could have created more than $1 trillion in market capitalization.
Mark Karpeles, the former CEO of Mt. Gox, speaks at the Foreign Correspondents' Club of Japan on Oct. 11.
BUSINESS / Markets
Oct 21, 2024
The unsinkable Mark Karpeles is willing to give Tokyo another shot
The former CEO of Mt. Gox, which once processed the majority of bitcoin transactions globally before it blew up in 2014, is looking to set up shop in Japan again.
The Financial Services Agency is set to begin a review of cryptocurrency rules, opening up the possibility of lower taxes on digital assets.
BUSINESS / Markets
Oct 1, 2024
Japan crypto review may open door to lower taxes and dedicated ETFs
The Financial Services Agency in coming months will assess whether the current approach of regulating crypto under the payments law is adequate.
Hideki Ito, commissioner of the Financial Services Agency, says Japan needs to be cautious about approving crypto-linked exchange-traded funds.
BUSINESS / Markets
Aug 8, 2024
Japan’s top finance regulator hesitant on crypto ETF approvals
Whether to follow the likes of Hong Kong and the U.S. by approving crypto-linked exchange-traded funds requires "cautious consideration,” he said.
Republican presidential nominee and former U.S. President Donald Trump speaks at the Bitcoin 2024 event in Nashville, Tennessee, on July 27.
BUSINESS / Markets
Aug 6, 2024
Cryptoverse: Trump's bitcoin stockpile plan stirs debate
A strategic reserve would be one use for the massive amount of bitcoin held by the U.S. government, but the jury's out on whether it's feasible.
Electronic waste — also known as e-waste — from computers in a junk shop in Metro Manila, Philippines
BUSINESS / Tech
Jul 11, 2024
U.N. warns digital economy drive is damaging the environment
The U.N. agency called for sustainable strategies to counter the growing environmental toll digitalization creates, particularly in developing countries.
DMM Bitcoin said it would replace customers' lost bitcoin deposits with the help of other group companies.
BUSINESS / Tech
Jun 1, 2024
Japan's DMM Bitcoin says over ¥48 billion of cryptocurrency lost
It gave no details of how the incident occurred or whether an outside party had been involved, but said that it was investigating.
While some publicly traded bitcoin mining companies release details of their energy use, there is no reliable data on exactly how much electricity the industry as a whole consumes.
BUSINESS / Tech / ANALYSIS
Apr 25, 2024
Bitcoin miner environmental battles heat up in U.S.
As cryptocurrency groups work to shield mines from local regulations, U.S. President Joe Biden proposed an excise tax on bitcoin energy use.
Bitcoin showed its boom-or-bust character Tuesday with volatile price swings.
BUSINESS / Markets
Mar 6, 2024
Record surge marks new revival for Bitcoin
The cryptocurrency has experienced a breathtaking rebound this year amid strong demand from new U.S. exchange-traded funds.
At Crypto HK, a popular crypto store in Hong Kong, customers can buy cryptocurrencies with a minimum 500 Hong Kong dollars ($64) and are not required to provide any identity documents.
BUSINESS / Markets
Jan 28, 2024
Bruised by stock market, China rushes into banned bitcoin
More and more Chinese investors are using creative ways to own crypto assets they believe are safer than investing in stock and property markets at home.
Bitcoin’s revival from the 2022 crypto crash has weathered a U.S. crackdown that put Sam Bankman-Fried behind bars for fraud at FTX and handed top crypto exchange Binance and its founder Changpeng Zhao rap sheets and big fines.
BUSINESS / Markets
Dec 4, 2023
Bitcoin hits $40,000 level for the first time since May 2022
The token added as much as 2.9% to reach $40,867 and was just shy of that mark Monday in Singapore, taking its 2023 jump to 146%.
A portion of a Microsoft data center that supports the Pentagon, and is next door to a bitcoin mine operated by Chinese-owned Bit Origin, in Cheyenne, Wyoming, on Sept. 29. Aside from the intelligence-gathering concerns over Chinese bitcoin mines in the U.S., the energy sucking facilities can also put immense pressure on power grids.
WORLD
Oct 14, 2023
Across U.S., Chinese bitcoin mines draw national security scrutiny
Microsoft reported one site in because of its proximity to a nuclear missile base. Other cryptocurrency facilities have ties to the Chinese state.

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Visitors to Kyoto walk along a street near Kiyomizu Temple in April. A popular tourist spot, Kyoto has seen what locals feel to be an overwhelming amount of tourists in 2024.
Is Japan ready for 60 million tourists?