Tag - cryptocurrencies

 
 

CRYPTOCURRENCIES

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.
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.
Komainu, the cryptocurrency custodian backed by Nomura Holdings, is buying Singaporean rival Propine Holdings.
BUSINESS / Companies
Oct 22, 2024
Nomura-backed crypto custodian Komainu makes first acquisition
Komainu will also apply for a so-called Major Payment Institution license in Singapore, which will allow the firm to fully offer payment services.
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.
Sony last month officially unveiled a digital ledger, Soneium, while other Japanese firms like Toyota explore various blockchain-related initiatives.
BUSINESS / Companies
Sep 18, 2024
Sony joins a crypto push in Japan as calls grow for looser rules
The question for the government is whether to heed requests from the crypto industry for less onerous rules to lower costs and spur growth.
A man walks in the Hong Kong's Central Financial District on March 15.
BUSINESS / Tech
Sep 17, 2024
Hong Kong preparing policy statement for artificial intelligence in finance
The guidelines are intended to signal support for the technology, while local regulators try to address its use amid the U.S.-Chinese technology conflict.
The icon for the Telegram messenger app. Toncoin, a digital asset from a blockchain project linked to Telegram Messenger LLP, has lost about $2.7 billion in market value, reflecting the uncertainty sparked by the detention of the messaging app's co-founder.
BUSINESS / Markets
Aug 29, 2024
Telegram ‘black swan event’ exposes risk in popular crypto deals
The detention of Telegram founder Pavel Durov is reverberating through the crypto venture capital sector.
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.
China's official app for digital yuan is seen on a mobile phone next to 100-yuan banknotes
BUSINESS / Tech / FOCUS
Jul 20, 2024
Trump’s disdain for digital dollar risks ‘Cold War era’ in money
His vow to never allow the dollar to be digitized may turn money into a new front in Trump's trade war with China.

Longform

Yasuyuki Yoshida stirs a brew in a fermentation tank at his brewery in Hakusan.
The quake that shook Noto's sake brewing tradition