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55,000 cryptocurrency users affected in Bitpoint’s $28 million hack
Embattled cryptocurrency exchange Bitpoint has revealed that roughly half of its 110,000 users were affected by last week’s $3. 02 billion yen ($28 million) hack, reports The Mainchi. Speaking at a Tokyo press conference, Bitpoint president Genki Oda noted that of the 3. дальше »
2019-7-16 15:47 | |
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Japan’s Bitpoint Exchange Recovers Stolen Cryptos
Bitpoint, a Japan-based Bitcoin trading venue that suffered a 3. 5 billion yen ($32 million) heist last week, has reportedly found over 250 million yen ($2. 3 million) of the stolen digital assets, bringing down the total sum of lost cryptocurrencies to $28 million, reports local news source, The Mainichi on July 14, 2019. дальше »
2019-7-16 23:00 | |
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BitPoint discovers additional 250 million yen stolen in cryptocurrency
Japanese cryptocurrency exchange, BitPoint, was all over the news recently following a 3. 5 billion yen hack on the exchange. In recent developments, the exchange revealed that 250 million yen worth of cryptocurrencies was found. дальше »
2019-7-15 13:30 | |
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Breaking: Japanese cryptocurrency exchange BitPoint hacked; 7 billion yen compromised
Ring in the hacking bells once again. BitPoint, a licensed Japanese cryptocurrency exchange, has been hacked, leaving over 7 billion yen [$64. 6 million USD] compromised. Japan is the latest to join the list of countries with crypto-exchanges subjected to cyber-attacks, joining the likes of South Korea, Canada, and New Zealand. дальше »
2019-7-12 09:30 | |
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Ripple’s Partner SBI Holdings Achieves Profitability On Its Crypto Exchange
SBI Holding’s new Japanese virtual currency exchange (SBIVC) achieved multi-million dollar profits – 360 million Japanese yen ($3.2 million)… The post Ripple’s Partner SBI Holdings Achieves Profitability On Its Crypto Exchange appeared first on Invest In Blockchain. дальше »
2019-4-30 18:09 | |
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In the Daily: Riotx Exchange, Monacoin Hacker, Coinflex Investors
In this edition of The Daily we cover a planned U. S. regulated cryptocurrency exchange from Riot Blockchain, the arrest of a hacker in Japan who allegedly stole 15 million yen of monacoin, and a couple of new investors in Coinflex. дальше »
2019-3-17 15:01 | |
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Japanese Police Arrests 18-Year Old Hacker for Stealing $134,000 in Monacoin
Local prosecutors in Japan have charged an 18-year old male with cryptocurrency theft. Per a report published in a local news outlet, the Metropolitan Police Department (MPD) of Japan are accusing the young adult of stealing 15 million Yen ($134,310) worth of stealing MonaCoin (MONA)—a Litecoin hard fork. дальше »
2019-3-16 11:39 | |
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Karpeles Beats Embezzlement Charges in Mt Gox Ruling
The Tokyo District Court has found Mark Karpeles, the former head of now-defunct Bitcoin exchange platform Mt. Gox, guilty of record tampering but innocent on other charges related to embezzlement and breach of trust. дальше »
2019-3-16 22:01 | |
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How an 18-Year-Old Hacker Stole Millions of Yen from a Crypto Project
According to local publications, an 18-year-old hacker stole 15 million yen, which is equivalent to $134,640, worth of a crypto asset called Monacoin. On Monappy, a platform that enabled Monacoin users to store their funds, the hacker initiated a large number of transactions in a short period of time to overload the system. дальше »
2019-3-15 19:20 | |
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Chairman Misconduct Scandal Costs Nissan $84 Million amid Slashed Profit Forecast
Japanese auto giant Nissan has revised its sales and profit forecast for the full year which ends next month downwards. The carmaker now estimates that its operating profit will come in at 450 billion yen ($4. дальше »
2019-2-12 14:35 | |
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Sony Shares Sink 8% Amid Declining Gaming Sales – Is a PlayStation 5 Coming in 2020?
Shares of Sony fell by 8% after the Japanese entertainment and technology giant recorded a decline in sales and profits. Specifically, Sony’s gaming division, which has become increasingly critical to the conglomerate saw operating income from games fell by 14% to $666 million during the October-December holiday quarter, according to Bloomberg. дальше »
2019-2-5 14:55 | |
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Wine Retailer to Buy Majority Stake in Japanese Bitcoin Exchange for $30M
Madison Holdings Group Ltd. has agreed to buy 67. 2 percent of Japanese cryptocurrency exchange Bitocean for 1. 68 billion yen ($15. 12 million). Inclusive of fees, the wines and alcoholic beverages company will pay a total $30. дальше »
2018-12-27 03:55 | |
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Prosecutors Seek 10-Year Jail Sentence for Karpeles Over Mt. Gox Embezzlement
Former Mt. Gox CEO Mark Karpeles has run into trouble in the Japanese legal system, and prosecutors are pursuing a 10-year jail sentence for alleged embezzlement during his tenure at Mt. дальше »
2018-12-13 21:15 | |
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Tokyo Police Arrest Eight Men In A Cryptocurrency Pyramid Scheme
Tokyo police arrested eight men on November 14, 2018, for a cryptocurrency-related pyramid scheme that scammed 6,000 people of 7. 8 billion yen (approximately $68. 42 million). According to Japanese News company Asahi Shimbun on November 16, 2018, the Tokyo Metropolitan Police Department suspected that the arrested men might have violated the Financial Instruments and Exchange Law as they failed to register their. дальше »
2018-11-18 02:00 | |
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Japan: 8 Arrested in Connection With $68 Million Cryptocurrency Pyramid Scheme
The Asahi Shimbun reported on Nov. 14th that eight men in Tokyo were allegedly arrested by the police for involvement in a cryptocurrency pyramid scheme that netted 7. 8 billion yen ($68. 42 million) from 6,000 unsuspecting people in 44 prefectures. дальше »
2018-11-16 14:34 | |
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Sompo Holdings Acquires 10% Stake in Kenyan Cryptocurrency Exchange Bitpesa
Japanese insurance group Sompo Holdings has acquired a 10 percent stake in Bitpesa, a Kenyan digital currency exchange and payments company, for 570 million yen ($5. 02 million). The deal is expected to further digitize the insurer’s international remittance service. дальше »
2018-11-13 15:10 | |
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Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter
Coincheck reported a pre-tax loss of 588 million yen (US $5. 3 million) for the third quarter of 2018, the Japanese exchange’s second consecutive quarterly loss since hackers pilfered $530 million in January. дальше »
2018-10-30 03:55 | |
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Bitfinex Challenges Insolvency Rumors, Provides Proof of Wallet Reserves
Top-three cryptocurrency exchange Bitfinex is pushing back against claims that call its solvency into question. The Hong Kong-based company released a blog post on October 7, 2017, that states, contrary to recent rumors, it is not insolvent. дальше »
2018-10-9 00:43 | |
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Japan’s FSA Demands Information From Crypto Exchange Zaif Regarding Recent Hack
Japanese cryptocurrency firm Tech Bureau Corp’s Zaif exchange was hacked mid-month, where digital coin losses amounted to 7 billion yen ($60 million). Today, the country’s financial watchdog has accused the firm of failing to provide details on how thieves hacked the exchange and also for not explaining its delay in reporting the hack itself. дальше »
2018-9-26 10:00 | |
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Mt.Gox’s Bankruptcy Trustee Sells $230 Million Worth of Bitcoin and Bitcoin Cash
The trustee liquidating cryptocurrencies on behalf of the now-defunct exchange Mt. Gox has offloaded another 25. 98 billion yen, or around $230 million, of Bitcoin and Bitcoin Cash, Bloomberg reported on September 25. дальше »
2018-9-25 20:00 | |
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Mt. Gox Trustee Confirms He Sold off $230 Million in Cryptocurrency
A man known as “Tokyo Whale,” for the enormous amount of bitcoin he controls, confirms he unloaded another big chunk of it earlier this year. Nobuaki Kobayashi, the trustee of now-defunct Tokyo exchange Mt. дальше »
2018-9-25 19:54 | |
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Mt. Gox’s largest trustee unloads another $230M worth of Bitcoin, and nobody knows why
The Mt. Gox saga keeps dragging on. The now defunct cryptocurrency exchange’s largest trustee, Nobuaki Kobayashi, has sold off another $230 million (26 billion yen) worth of Bitcoin. Kobayahsi – who is known as the “Tokyo Whale” in cryptocurrency circles – has been selling off the cryptocurrency since early March following the 10th creditors meeting, Bloomberg reports. дальше »
2018-9-25 16:09 | |
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In First Half of 2018, Japan Counts $540 Million Lost to Crypto Thefts
When Tokyo-based Mt. Gox got hacked to the tune of 650,000 bitcoin in 2014, Japan learned early on the tough lessons of cryptocurrency theft. Yet, to this day, despite the country’s ongoing efforts to educate investors and ramp up oversight of crypto exchanges, it still feels the sting of hackers. дальше »
2018-9-21 23:45 | |
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Japan Sees Rising Crypto Theft, $540 Million Stolen in First Six Months of 2018
Japan, often fondly referred to as the ‘Land of the Rising Sun’ has this year increasingly become the ‘Land of rising crypto theft,’ with a new report suggesting that the yen equivalent of $540 million has been stolen during the first six months of the year. дальше »
2018-9-21 22:00 | |
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Japanese Cryptocurrency Exchange Platform Zaif Hacked For $60 Million
Zaif, a cryptocurrency exchange service, is the latest victim of an attack by suspected hackers. The Osaka-based platform has reportedly lost cryptocurrencies worth 6. 7 billion yen ($60 million) to the attackers. дальше »
2018-9-20 16:00 | |
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Japanese cryptocurrency exchange Zaif attacked by hackers, $60 million stolen
Cybercriminals attacked the Japanese cryptocurrency exchange Zaif and withdrew various cryptocurrencies worth several billion Japanese yen. Zaif promises to reimburse all losses to its customers, trading operations are suspended. дальше »
2018-9-21 12:41 | |
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Japan lost over $540M in cryptocurrency hacks in first half of 2018
Hackers have swiped over $540 million (60 billion Yen) worth of cryptocurrency from Japanese netizens over the first six months of 2018. On September 20, Japan’s National Police Agency revealed the number of cryptocurrency-related reported incidents rose to 158 – triple the amount of incidents over the same period last year, local outlet The Asahi Shimbun reports. дальше »
2018-9-20 11:47 | |
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Hong-Kong Based Blockchain Firm Set to Raise $12.7 Million to Finance Yen-backed Stablecoin
Grandshores Technology Group, a Hong-Kong based real estate firm turned blockchain investor, is set to raise HKD 100 million ($12. 7 million) to finance a Japanese Yen backed cryptocurrency project The South China Morning Post reported on September 18, 2018. дальше »
2018-9-20 18:00 | |
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Chinese Investors Keen To Back Japanese Stablecoin
A Hong Kong investment firm has plans to raise over HK$100 million (US$12.75 million) in order to back a Japanese Yen based stablecoin. The post Chinese Investors Keen To Back Japanese Stablecoin appeared first on Ethereum World News. дальше »
2018-9-19 15:44 | |
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Golden State Warriors Sponsor Rakuten Buys Crypto Exchange
Golden State Warriors and FC Barcelona sponsor Rakuten has completed a deal to buy Japanese cryptocurrency exchange Everybody’s Bitcoin. Rakuten has a market valuation of more than $12. 5 billion. дальше »
2018-9-4 23:10 | |
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Japan's Police Agency To Fund Development Of Blockchain Transaction Tracker
Japan’s police are dedicating 35 million yen toward new software.
дальше »2018-9-1 22:55 | |
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Japanese E-commerce Giant Rakuten Acquires Cryptocurrency Exchange
Rakuten Inc. has today announced the new acquisition of Everybody’s Bitcoin Inc. , a Tokyo-based bitcoin exchange. The deal is reportedly worth around 265 million yen ($2. 4 million) and sees Rakuten become a 100% share owner at the exchange. дальше »
2018-9-1 21:34 | |
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GMO Cryptocurrency Mining and Exchange Business Nets $2.3 Million in Q2
GMO's Q2 Profits for Crypto Business Totaled $2. 3M Recently, Japan-based IT company GMO cryptocurrency miner and exchange announced that it had made an operating profit worth 255 million yen (approximately $2. дальше »
2018-8-10 23:24 | |
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SBI Invests $9 Mln in Cryptocurrency Derivatives Platform
Global investment firms and cryptocurrency exchanges are rushing to develop new digital asset markets in preparation for impending regulations. Announced on July 31, 2018, SBI Holdings invested $9 million in Clear Markets to create a cryptocurrency derivatives trading platform. дальше »
2018-8-3 18:00 | |
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Ripple partner SBI Holdings enters cryptocurrency derivatives market with new investment
SBI Holdings announced recently that they completed an investment round in Clear Market Holdings through their Crypto Investment arm, which leaves them with 12% ownership in the company. Even as the price was not disclosed, reports place the figure somewhere close to 1 billion Yen, or $9 million. дальше »
2018-8-2 10:23 | |
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Japanese Public Company Offering Loans Secured by BTC, BCH, ETH
A Japanese company listed on the Tokyo Stock Exchange is offering loans secured by three cryptocurrencies: BTC, BCH, and ETH. Clients can borrow up to 300 million yen (~$2. 7 million) at varying interest rates. дальше »
2018-8-2 00:50 | |
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Kumamoto Electric Company and OZ Mining Enterprise to Begin Mining in Southern Japan
Mining Kumamoto Electric Power Company and OZ Mining Corporation have announced that they will start operating a crypto mining farm from August, aiming to install 14,000 mining machines and reach 90 million yen profit by March 2020. дальше »
2018-7-9 13:18 | |
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Kumamoto Electric Company and OZ Mining Corporation to Start Mining in Southern Japan
Kumamoto Electric Power Company and OZ Mining Corporation have announced that they will start operating a crypto mining farm from August, aiming to install 14,000 mining machines and reach 90 million yen profit by March 2020. дальше »
2018-7-9 11:35 | |
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Meet The Japanese Man Who Is Making a Living From Mining Cryptocurrency in His Company’s Dorm Room
“Virtual currencies are processed cryptographically, a miner is the machine that supports this encryption process. If you mine Bitcoin, you can process 12. 5 bitcoins in 10 minutes, which would be the equivalent of 10 million yen, (US$ 90,000). дальше »
2018-7-7 16:01 | |
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