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July 16, 2024
 

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CRYPTOCURRENCIES

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%.
Yoshitaka Kitao, chief executive officer of SBI Holdings, says Japan is preparing the groundwork for the full-scale introduction of stablecoins.
BUSINESS / Companies
Nov 28, 2023
Circle enters pact with Japan’s SBI to spur USDC stablecoin usage
They will also establish a banking relationship and promote the use of Circle’s Web3 services in Japan.
A redacted online resume of a North Korean IT worker is shown in this screenshot obtained on Monday.
ASIA PACIFIC / Society
Nov 21, 2023
North Koreans use fake names to land remote IT work for cash
Landing a job outside North Korea to secretly earn hard currency for the country demands highly-developed strategies to convince Western firms.
Sam Bankman-Fried, founder of FTX, exits the federal courthouse in Manhattan in February.
COMMENTARY / World
Nov 5, 2023
Sam Bankman-Fried won't be the last crypto mogul behind bars
If Sam Bankman-Fried culpability for the "pyramid of deceit” behind FTX’s collapse seemed so obvious, it’s partly because he was prosecutorial gold.
Former FTX chief executive Sam Bankman-Fried leaves Manhattan federal court in New York in January.
BUSINESS / FOCUS
Nov 4, 2023
Swift FTX case vindicates prosecution ‘need for speed’
ON Thursday, the jury took only a few hours to convict Sam Bankman-Fried of treating FTX as his personal piggy bank.
Former FTX chief Sam Bankman-Fried leaves court following a bail hearing ahead of his October fraud trial, in New York City on July 26. He was found guilty on all counts against him on Thursday.
BUSINESS
Nov 3, 2023
Sam Bankman-Fried found guilty on all counts at fraud trial
The panel reached its decision after five weeks of trial, and the former crypto tycoon now faces up to 110 years behind bars.
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing on Capitol Hill in Washington in February 2022.
BUSINESS / Companies
Oct 28, 2023
FTX founder admits 'mistakes' but testifies he didn't defraud anyone
FTX founder Sam Bankman-Fried insisted he did not steal billions of dollars from customers when the cryptocurrency exchange collapsed last year.
FTX founder Sam Bankman-Fried faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, at federal court in New York City on Thursday, in this courtroom sketch.
WORLD / Crime & Legal
Oct 27, 2023
FTX founder Sam Bankman-Fried implicates lawyers in testimony
Accused of stealing billions of dollars from customers, Bankman-Fried has pleaded not guilty to two counts of fraud and five counts of conspiracy.
The role of cryptocurrencies in terrorist financing has once again come into focus after the start of the Israel-Hamas war.
BUSINESS / Tech / EXPLAINER
Oct 25, 2023
Crypto's role in terrorist financing comes under renewed scrutiny
Cryptocurrency's role in terrorist financing has come under renewed scrutiny following a deadly attack in Israel by Palestinian militant group Hamas.
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.
Caroline Ellison (left), former chief executive officer of Alameda Research LLC, exits court in New York on Tuesday. Her ex-boyfriend and former boss, FTX Co-Founder Sam Bankman-Fried, is charged with seven counts of fraud and money laundering following the collapse of his cryptocurrency empire last year.
BUSINESS / Companies
Oct 11, 2023
Sam Bankman-Fried's ex says he directed her to commit crimes
In her first day of testimony, Caroline Ellison, 28, portrayed Sam Bankman-Fried as the brains behind fraudulent operations at FTX.
A cryptocurrency mining center in Russia
COMMENTARY / World
Sep 27, 2023
Bitcoin’s power-hungry history offers lessons for AI’s future
As AI grows, so does its energy footprint, but its developers needn't look much further than bitcoin's recent past to find climate-friendly solutions.
Self-proclaimed president of the "Free Republic of Liberland" Vit Jedlicka (center) poses with the Liberland flag and future citizens in the village of Backi Monostor, Serbia, in May 2015
WORLD / Society
Sep 25, 2023
Breakaway Balkans micronation dreams of a crypto future
"Liberland" has attracted libertarian supporters across the globe who see a natural harmony between libertarianism and crypto.
A ceremony to establish the Cyber Affairs Bureau and the National Cyber Unit of the National Police Agency is held in Tokyo on April 1, 2022.
JAPAN / Crime & Legal
Sep 4, 2023
Japan makes progress on international cyber probe collaboration
Investigative information from the National Cyber Unit was used successfully overseas for the prosecution of a suspect.
The hack of a U.S. IT management company shows how North Korean cyber spies are now tackling companies that can give them broader access to multiple victims downstream — a tactic known as a "supply chain attack."
WORLD
Jul 21, 2023
North Korean hackers breached U.S. IT company in bid to steal cryptocurrency
The hack shows how North Korean cyber spies are now tackling companies that can give them broader access to multiple victims downstream.
Japan Times
BUSINESS
Jul 14, 2023
Signs 'crypto winter' ending as regulatory fog begins to lift
Crypto assets are now trading near or above levels plumbed following the collapse of the FTX exchange last November.
Japan Times
COMMENTARY / World
Jul 6, 2023
The mighty U.S. dollar can fight off the digital upstarts
The de-dollarization project is counting on blockchain technology to end the greenback’s hegemony. The hope may be misplaced.
Japan Times
BUSINESS / Markets / FOCUS
Jun 26, 2023
When it comes to crypto, turmoil in the U.S. could be a boon for Japan
With a solid legal framework already in place, some players see the U.S. crypto downturn as an opportunity for Japan to advance its standing in the field.
Japan Times
BUSINESS
Jun 23, 2023
Japan’s biggest bank in talks to issue global stablecoins
MUFG is in discussions with multiple parties about using its blockchain platform, Progmat, to mint stablecoins tied to foreign currencies.
Japan Times
CULTURE / Art
Jun 12, 2023
Takashi Murakami loves and fears AI
Speaking at an exhibition opening in France, Japanese artist Takashi Murakami offered his thoughts on the positives and negatives of AI.
Bloodied Trump survives assassination attempt at political rally
Former U.S. President Donald Trump is surrounded and evacuated by Secret Service agents at a campaign rally in Butler, Pennsylvania, on Saturday. Trump was rushed off stage at the rally after shots rang out.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
The neurological disorder that 'kills culture'
Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
Amid same-sex marriage ban, LGBTQ couples opt for 'photo weddings'
A lesbian couple, consisting of a 35-year-old woman (left) and 40-year-old woman, cover their faces with bouquets as they pose for wedding photos in Yokohama on Nov. 1.
China and Russia conduct joint Pacific military patrol
The Russian corvette Gromkiy enters the Chinese port of Zhanjiang as part of a joint China-Russia naval exercise on Saturday.
How to beat Japan’s summer heat in ways better for the planet
Tenugui towels hang up to dry at a dyeing company in Sakai, Osaka Prefecture, on May 8. The durable and versatile tenugui, which many people have in their homes, can be used in many ways to cool one’s body.
After Trump shooting, U.S. presidential race might take a violent turn
United States Secret Service Counter Snipers stand guard on a rooftop during a campaign rally for U.S. President Donald Trump in Avoca, Pennsylvania, in 2020.
No AC this summer? No problem (for me).
Think air conditioning is a requirement for a Tokyo summer? Think again.
She’s paying ¥1 million to help behind the scenes at the Paris Olympics
Mai Tarumi, who previously volunteered at the postponed Tokyo Olympics in 2021, has a travel budget of ¥1 million for her trip to volunteer at the Paris Games.
How to tweak your diet when temperatures spike
Most people think of hydration as a strictly liquid-based concept, but eating foods with high water content is an essential part of making it through a Japanese summer unscathed.

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Longform

Akiko Trush says her experience with the neurological disorder dystonia left her feeling like she wanted to chop her own hand off.
The neurological disorder that 'kills culture'
By Tomoko Otake

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