Japanese exchange Bitpoint will repay customers after crypto hack
On July 14, Bitpoint Japan, a cryptocurrency exchange operated by Remixpoint, reported that crypto assets valued at about JPY 3.02 billion ( USD 28 million) had been stolen.
Japan’s FSA considering over 100 new exchange applications
Japan has a reputation as a crypto-friendly nation. Following the Coincheck hack in 2018, Japan tightened controls over the entry of new exchanges as well as existing trading platforms. In 2019, the sentiment is thawing and a number of new platforms appear set to enter the market.
Kimchi premium returns as Asian traders stack Bitcoin
When South Korean investors piled into Bitcoin in late 2017, its price in Korean won soared even higher than the dollar, with Korean traders paying up to fifty percent more than westerners. With this 'kimchi premium', as it came to be known, returning to the market, what are the implications for Asian traders and for Bitcoin?
South Korea puts exchanges on the hook for losses
Emerging from the wake of the 2008 financial crash, Bitcoin promised an alternative to bailing out central banks. But all too often, Bitcoiners have found themselves paying for the mistakes of crypto exchanges, which continue to get hacked.
The Bitcoin bulls are back. What’s driving the recent price action?
After a devastating bear market that saw Bitcoin fall 85% from its December 2017 all-time high, Bitcoin has proven the naysayers wrong, roaring back into life in April and May. What’s behind the recent price action and has the bull market returned?
Japan has the second-highest number of crypto traders in the world
Japanese entertainment brand Avex Inc. will leverage blockchain in its gaming, music and content products. And a new report by DataLight that tracked the geographical distribution of crypto traders across the world, ranked Japan in second place, behind the United States.
Japan’s Crypto Association issues ICO regulation recommendations
Japan’s Cryptocurrency Business Association (JCBA), a membership organization that has the ear of Japanese lawmakers, has released its recommendations for new ICO regulations. Meanwhile, e-commerce giant Rakuten continues to build out its crypto offering, and Japanese crypto legislation gets a makeover.
Japan’s FSA reports sharp drop in cryptocurrency inquiries
Inquiries relating to cryptocurrency dropped by 36 percent in the fourth quarter of 2018, according to a report from the Japanese Financial Services Agency.
Will crypto payments be a part of the new Rakuten ecosystem?
After its purchase of exchange Everybody’s Bitcoin in 2018, Japanese payments giant Rakuten has announced the launch of a new corporate structure in April — with industry observers increasingly confident related changes will include the inclusion of cryptocurrency payments.
Why is Asia the epicentre of crypto exchange hacks?
While exchanges in Europe and the U.S. have not been immune from cyber attacks, the majority of the largest cryptocurrency exchange hacks have occurred in Asian markets, with South Korea and Japan leading the scoreboard. The question is why?
Shock hack of ‘licensed’ Japanese exchange Zaif
Japan has suffered its 2nd major exchange hack of the year, as popular low-fee exchange Zaif has announced today that it was hacked for $60 million on September 14th.
Major Japanese corporation driving cryptocurrency usage
In a continued evolution towards a cashless society, Japan’s Kintetsu Group is rolling out a second cryptocurrency usage drive to over 1.6 million potential participants
Japanese e-commerce giant to buy cryptocurrency exchange
Japan’s largest e-commerce platform, Rakuten, has announced that it will buy Everybody’s Bitcoin Inc, a Japanese cryptocurrency exchange, through its credit card subsidiary, Rakuten Card.
Digital Garage & Tokyo Tanshi launch a blockchain financial services JV
‘Crypto Garage’ joint venture seeks to monetize blockchain financial services in Japan and beyond
Softbank Group to acquire Yahoo Japan shares — a boost to crypto in Japan?
Planned share purchase brings potential to extend Yahoo! Japan’s crypto footprint
Audit by FSA finds multiple issues with Japan’s crypto exchanges
Japanese authority orders reforms after security at six local exchanges found lacking across the board
