Places Japan

In 2018, within a span of two months, the largest crypto exchanges in Japan and South Korea were hacked. A New York-based cyber security firm declared more breaches are yet to come. According to BLAKFX president Robert Statica, crypto exchanges are easier to hack than most online platforms, especially for experienced hackers. Statica explained that […]

Bithumb, the largest crypto exchange in South Korea by trading volume and user base, is expanding to Japan, the biggest market for cryptocurrency investors.

Binance calls for donations to victims of West Japan’s ongoing natural disaster, leading the relief initiative with a $1,000,000 pledge.

As an original blockchain hub, Japan has become a fitting home to many crypto miners seeking secure haven.

Thanks to blockchain and cryptocurrency, Japan’s economy may have greener pastures ahead. As the country’s GDP growth shrinks to lows last seen in the 1990s financial crisis — a.k.a. the “lost decade” — economists point to a technological boom as a potential catalyst for recovery. Now the second-largest cryptocurrency market in the world, Japan may […]

SBI Holdings chairman and SBI Group CEO Yoshitaka Kitao, who oversee the second largest financial institution in Japan behind Mitsubishi UFJ Financial Group, said that crypto and blockchain technology will accelerate the country’s economy in the long run. Yoshitaka said: “We want to take blockchain beyond financial. There’s a lot of speculative demand around cryptocurrencies, […]

Line, the second-largest chat messaging app in Southeast Asia and the most popular chat service in Japan, announced the impending launch of a new cryptocurrency exchange called BitBox. The new exchange, scheduled to go live in July 2018, follows an announcement issued in January by the chat giant heralding the creation of a new financial […]

The Tokyo District Court has ordered Mt Gox to begin compensating victims of its infamous 2014 hack, effectively stalling the exchange’s pending bankruptcy. Posted on the Mt Gox website June 22, the ruling may bring closure to a November 2017 petition requesting compensation — filed by creditors of the now-defunct Mt Gox exchange. Crucially, victims […]

The cryptocurrency market has swung violently back into the red due to a series of regulatory movements from Asia, spooking skittish market participants. Bitcoin and Ethereum plummeted by almost 10% as Japanese regulators crack down on exchange action. Crypto markets are bleeding red subsequent to a Japanese financial watchdog move that saw business improvement orders […]

International financial authority Financial Action Task Force (FATF) is expected to collaborate with Japan, the second largest cryptocurrency market behind the US, to introduce unified cryptocurrency regulations in the upcoming months. Japan Concerned With Anonymous Cryptocurrencies Last month, the Japanese Financial Services Agency (FSA) encouraged leading economies in the G20 to adopt unified policies regarding […]

US-based cryptocurrency exchange Coinbase officially announced an expansion into the booming Japanese cryptocurrency market with the launch of a new Japan office. Announced on June 4, a new office in Japan will be spearheaded by Japanese fintech leader Nao Kitazawa. The new Coinbase office will provide Japanese cryptocurrency investors access to the suite of Coinbase […]

In January of 2018, Coincheck, Japan’s largest crypto exchange joined the list of exchanges compromised by a devastating hack. Cyber thieves took advantage of a flaw in their platform to steal 523 million units of NEM’s digital currency. Although Coincheck accepted responsibility for the hack and spent $435 million to compensate users, the incident was […]

The skittish cryptocurrency market has moved further into the red today as several factors, including South Korean regulatory action, test the stress tolerance levels of market participants. One of the key drivers behind recent negative price movement is the actions of the Mt Gox bankruptcy trustee Nobuaki Kobayashi, who appears to be preparing for another […]

In what can only be considered to be an excellent business decision, the IOTA Foundation has just brought on-board Fujitsu’s Dr. Rolf Werner who currently oversees the company’s activities in Germany, Austria, and Switzerland. Before his work at Fujitsu, Wener served as a board member for T-Systems Multimedia Solutions as well headed the company’s French […]

In some ways, Coincheck’s story has been just like every other crypto exchange that endured a hack, scandal, and commensurate repercussions. The list of exchanges that have been compromised at one point is sizable, and it includes Mt. Gox., Binance, Bitfinex, and others. Coincheck has good company. The story is familiar. A technical oversight allowed […]

It is no secret that Japan commands one of the largest crypto user-bases in the world today. Thus in an attempt to introduce more stability and transparency within their digital currency sector, a government-funded research group has set forth new regulatory guidelines for future ICOs. Simply referred to as the ICO Business Research Group, the […]

Deposed search engine juggernaut Yahoo appears to be making a strategic pivot toward blockchain technology with the announcement of plans to launch its cryptocurrency exchange. Nikkei Asian Review reported on Friday that Yahoo Japan would acquire a 40% stake in Tokyo-based BitARG in April. According to the report, Yahoo Japan will spend the ensuing year […]

The cryptocurrency market is currently in the midst of an apparent crisis, with Bitcoin down over 20% in the last 7 days, Ethereum down 31%, and virtually all altcoins following suit. The current bearish market sentiment has catalyzed a sell-off that has exacerbated the drop and sparked endless discussion on the root cause of this recent […]