Tag - cryptocurrencies

 
 

CRYPTOCURRENCIES

U.S. President Donald Trump signed an executive order earlier this month establishing the 'Strategic Bitcoin Reserve.'
BUSINESS / Markets / FOCUS
Mar 16, 2025
Trump's bitcoin reserve to be a 'digital Fort Knox'
The reserve is funded by about 200,000 bitcoins — worth nearly $17 billion — that have been seized in the U.S. as a result of civil and criminal cases.
Bybit, one of the biggest crypto exchanges, was forced to borrow from other platforms and use its own treasury funds to replace the roughly 515,000 tokens, mostly Ether but also derivatives of the coin, that were stolen in the North Korean attack.
ASIA PACIFIC / Crime & Legal / FOCUS
Mar 3, 2025
North Korea’s $1.5 billion heist puts the crypto world on notice
Cybersecurity researchers quickly concluded that the era of giant digital-asset heists had entered a new and potentially ruinous phase following the theft.
Multinational victims of scam centers, who were trafficked into working in Myanmar and were sent to Thailand, queue for food at a shelter as they wait for their embassies to pick them up, in Tak province, Thailand, on Feb. 19.
ASIA PACIFIC / Crime & Legal
Feb 27, 2025
'Contemplated suicide': Ethiopians recount horror of Southeast Asia scam centers
The complexes have flourished across the region, often staffed by foreigners who are made to swindle people in what analysts say is a multibillion-dollar industry.
Visitors listen to a keynote address at Consensus, a cryptocurrency event in Hong Kong on Feb. 15.
BUSINESS / Tech
Feb 23, 2025
Hong Kong and Singapore lead Asia's drive to cash in on crypto boom
Bitcoin recently hit a record of close to $110,000 while others have also rallied on the back of Trump's pro-crypto promises.
Atsuko Sato holds her shiba inu, Neiro, alongside the bronze statue of her shiba inu Kabosu, in Sakura, Chiba Prefecture, in December.
JAPAN
Feb 18, 2025
Shiba inu Kabosu continues to be loved after death
Atsuko Sato received many letters from Kabosu fans across Japan on the dog's birthday last November, six months after her death.
Capital gains on direct Bitcoin purchases are subject to taxes of up to 55% in Japan, making investing in stock proxies like Metaplanet via the Nippon Individual Savings Account program a cheap and convenient option for small-scale and first-time buyers.
BUSINESS / Markets
Feb 10, 2025
Bitcoin hoarder’s stock soars 4,000% in Japan on crypto rally
Shares of Metaplanet are up more than 4,000% over the past 12 months, the largest gain among all Japanese equities in that period.
A Donald Trump 2024 campaign hat on the floor of the New York Stock Exchange in New York on Tuesday
BUSINESS / Markets
Jan 22, 2025
Markets braced for uncertainty as Trump holds back from pledged tariffs
Chinese markets were relieved after Beijing avoided an instant blizzard of executive orders, but Mexico's peso and Canada's dollar weren't so lucky.
The Nasdaq MarketSite is seen on the day that shares of Trump Media & Technology Group start trading under the ticker "DJT" in New York on March 26, 2024.
BUSINESS / Tech
Jan 21, 2025
Trump's crypto and Truth Social believers bet on his presidency
Hundreds of thousands of U.S. retail investors have linked their fortunes with those of the president they support.
Donald Trump speaks at a Bitcoin conference in Nashville, Tennessee, on July 27, 2024.
BUSINESS / Tech
Jan 20, 2025
Cocktails and Snoop Dogg — crypto industry celebrates Trump inauguration
The crypto gala marks a stunning turnaround for an industry that has been in the Biden administration's crosshairs.
A cartoon image of U.S. President-elect Donald Trump holding a Bitcoin token to mark the cryptocurrency reaching over $100,000 is displayed at a Coinhero store in Hong Kong on Dec. 5.
BUSINESS / Markets
Jan 20, 2025
Trump’s win sparked euphoria in markets — now comes the real test
A reversal was first apparent in the stock market, where the S&P 500 Index gave back a solid chunk of its "Trump bump.”
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.
Singapore's central business district in January 2023. The city-state’s supportive digital-asset environment has been credited with making it a "safe, long-term choice” for a regional hub.
BUSINESS / Tech
Dec 24, 2024
Singapore pulls ahead of Hong Kong in race to be crypto hub
The Southeast Asian city-state doled out 13 cryptocurrency licenses in 2024 to a range of operators, more than double its awards in 2023.
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.
Monex Group Chairperson Oki Matsumoto (center), celebrates the debut of Coincheck on the Nasdaq Global Market on Wednesday in New York.
BUSINESS / Companies
Dec 12, 2024
Japanese crypto exchange Coincheck goes public in U.S.
Coincheck, effectively controlled by Japanese online broker Monex Group, aims to expand its operations through acquisitions in the U.S. and Japan.
David Sacks during an event in San Francisco in 2016. President-elect Donald Trump announced on Thursday that Sacks would take on the role of "White House A.I. & Crypto Czar."
BUSINESS / Tech / ANALYSIS
Dec 7, 2024
Trump's crypto team takes shape but questions remain over who will drive policy
Some analysts said the creation of a crypto czar, a new role, sowed ambiguity over who would drive policy and flagged the potential for clashes.
U.S. President-elect Donald Trump announced in a statement on Thursday that David Sacks will be the "White House A.I. & Crypto Czar."
WORLD
Dec 6, 2024
Trump appoints former PayPal exec David Sacks as AI and crypto czar
Sacks is considered a member of the "PayPal Mafia" of former workers and executives at the digital finance firm that includes prominent Trump supporters.
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.

Longform

The sun shines from behind a waving Philippine flag at the Manila American Cemetery and Memorial.
Eighty years after the Battle of Manila, old foes forge new ties