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August 15, 2024
 

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CRYPTOCURRENCIES

Japan Times
BUSINESS / Companies
May 8, 2019
Binance says hackers stole 7,000 bitcoin worth $40 million from its exchange, one of the world's largest
Binance, one of the world's largest cryptocurrency exchanges, said hackers withdrew 7,000 bitcoin worth about $40 million via a single transaction in a "large scale security breach," the latest in a long line of thefts in the digital currency space.
Japan Times
BUSINESS / Markets
Apr 24, 2019
SoftBank's Masayoshi Son lost $130 million in bad bet on bitcoin, report says
SoftBank founder Masayoshi Son made a huge personal bet on bitcoin just as prices peaked, losing more than $130 million, the Wall Street Journal reported.
Japan Times
ASIA PACIFIC / Crime & Legal
Apr 23, 2019
Thai navy tows floating home of fugitive U.S. 'seasteader'
Thailand's navy on Monday began towing to shore the floating cabin of a fugitive U.S. citizen and his Thai girlfriend, both prominent members of the "seasteading" movement who face possible death sentences for setting up their offshore home.
Japan Times
JAPAN / Media / DARK SIDE OF THE RISING SUN
Apr 6, 2019
Solving the world's largest bitcoin heist
"Imagine someone stole everything in your store and you reported the crime to the police," says Nobuyasu Ogata, defense lawyer for Mark Karpeles. Karpeles, 33, is the former CEO of Mt. Gox, once the largest bitcoin exchange in the world.
Japan Times
BUSINESS / Markets
Apr 2, 2019
Bitcoin's sudden, puzzling surge propels it above $5,000, as other cryptocurrencies rally
Bitcoin climbed suddenly Tuesday to the highest level since November, leading a surge in virtual currencies and ending three months of calm in the $160 billion market.
Japan Times
JAPAN / Crime & Legal
Mar 15, 2019
Mt. Gox bitcoin exchange founder Mark Karpeles gets suspended term for falsifying data but is cleared of embezzlement
Mark Karpeles gets a suspended term for data manipulation related to the scandalous disappearance of 850,000 bitcoins in 2014 but is found not guilty of embezzlement.
Japan Times
BUSINESS
Mar 15, 2019
Tripling in value of Binance Coin, the cryptocurrency of the hour, echoes bitcoin's glory days
The cryptocurrency boom appears to be alive and well for Binance, the world's largest digital-asset exchange by trading volume.
WORLD
Feb 5, 2019
Cryptocurrency exchange CEO dies holding only passwords that can unlock millions in customer coins
Digital-asset exchange Quadriga CX has a $200 million problem with no obvious solution — just the latest cautionary tale in the unregulated world of cryptocurrencies.
BUSINESS / Markets
Jan 12, 2019
Coincheck wins approval to run cryptocurrency exchange a year after massive theft
About a year after a massive digital heist that shocked the cryptocurrency industry around the world, Japan's financial watchdog gave Coincheck Inc. the green light Friday to officially run a virtual currency exchange.
Japan Times
BUSINESS
Jan 11, 2019
Hit by tougher standards and falling prices, Japan's cryptocurrency players face a pivotal 2019
Japanese crypto-exchange operators unexpectedly faced major problems last year due to the unprecedented hack in late January of Tokyo-based Coincheck Inc., which lost digital tokens estimated at the time to be worth ¥58 billion and caused commotion across the industry.
Japan Times
BUSINESS
Oct 29, 2018
Gab.com fights to stay online after Pittsburgh synagogue massacre
The website where the suspected Pittsburgh synagogue gunman posted anti-Semitic views said on Sunday it was "working around the clock" to stay online after being cut off by payment processors and forced to switch web hosts.
Japan Times
BUSINESS
Sep 30, 2018
Japanese cryptocurrency industry group plans to tighten rules on asset management after thefts
In the wake of another hacking incident in early September, a group of cryptocurrency exchange operators is planning to tighten self-regulatory measures it follows on the management of customer assets.
Japan Times
JAPAN
Sep 27, 2018
'Summer Davos' in China casts spotlight on technological advances beyond Silicon Valley
The award-winning virtual reality film "Tree" offers a rare multisensory experience of becoming a rainforest tree from a seedling in just 15 minutes. Reading a short speech into a microphone analyzes your voice and tells who you are — your sex, height, skull type, personality and emotional state. A...
Japan Times
BUSINESS / Markets
Sep 25, 2018
Japan's Financial Services Agency criticizes hacked crypto-exchange over lack of details on $62 million theft
Cryptocurrency firm Tech Bureau Corp. has failed to provide adequate details on how thieves hacked into its exchange to steal ¥7 billion ($62 million), or explained its delay in reporting the hack, the country's financial regulator said on Tuesday.
Japan Times
BUSINESS
Sep 20, 2018
¥6.7 billion in digital money stolen from Osaka firm
Hackers gained unauthorized access to the exchange's hot wallets, which are less secure and where funds are held for immediate transactions.
Japan Times
BUSINESS / Markets
Sep 2, 2018
Japan's FSA tightens screening process for aspiring cryptocurrency exchanges
The Financial Services Agency has effectively tightened its registration screening for cryptocurrency exchanges to see whether they are properly conducting risk management, sources say.
BUSINESS / Markets
Aug 23, 2018
SEC quashes more bitcoin ETF pitches in another blow to cryptocurrencies
The U.S. Securities and Exchange Commission has rejected another round of attempts to list exchange-traded funds backed by bitcoin, blocking ETFs from ProShares, GraniteShares and Direxion, on concern prices could be vulnerable to manipulation.
Japan to revise consumption tax exemption for overseas tourists
Tourists walk through Nakamise shopping street near Sensoji Temple in Tokyo in April
Japan's tourism industry hit by cancellations after megaquake alert
A beach closed due to a megaquake alert in Hiratsuka, Kanagawa Prefecture, from Friday to Thursday.
Focus shifts to incoming typhoon as Tropical Storm Maria dissipates
Newly formed Tropical Storm Ampil, which is forecast to approach eastern Japan this weekend, is seen on the left side of this satellite image.
Kishida to step down in September in bid to show ‘LDP has changed’
Prime Minister Fumio Kishida speaks during a news conference Wednesday at the Prime Minister's Office in Tokyo.
Publisher finds surprise audience after translating history textbooks
Yamakawa Shuppansha president Takeshi Nozawa holds the publisher's textbook on Japanese history — used in high schools across Japan — alongside the new English version in Tokyo on May 23.
Economic security is about strengthening and sustaining growth, former minister says
Former economic security minister Takayuki Kobayashi says changes in the international balance of power, along with deepening economic interdependence, have led some countries to attempt to use their economic power to impose their will on others.
Ice bandanas, convenience store breaks: Running under Japan’s summer sun
Blistering heat is becoming a fixture of summer in Japan, but a few tweaks to your routine can make your outdoor runs bearable — if not enjoyable — until cooler temperatures return.
Japan issued its first-ever megaquake alert. What does that mean?
Naoshi Hirata (center), chairman of a committee tasked with evaluating the risk of a Nankai Trough earthquake, speaks at a news conference in Tokyo on Friday.
France brings down the curtain on its Olympic party with Tom Cruise and Leon Marchand
Fireworks are set off during the closing ceremony of the 2024 Paris Olympics at Stade de France in Saint-Denis on Sunday.
Japan fuels U.S. LNG boom even as climate targets and impacts loom
Flaring at the Cameron LNG export terminal in Hackberry, Louisiana. Flaring, a common sight at LNG plants, is a controlled burning of gas for reasons ranging from depressurizing equipment to disposing of gas that can’t be used. The practice is a "waste of money" and negatively impacts climate change and human health, says the International Energy Agency.

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