Tag - bitcoin

 
 

BITCOIN

While some publicly traded bitcoin mining companies release details of their energy use, there is no reliable data on exactly how much electricity the industry as a whole consumes.
BUSINESS / Tech / ANALYSIS
Apr 25, 2024
Bitcoin miner environmental battles heat up in U.S.
As cryptocurrency groups work to shield mines from local regulations, U.S. President Joe Biden proposed an excise tax on bitcoin energy use.
Bitcoin showed its boom-or-bust character Tuesday with volatile price swings.
BUSINESS / Markets
Mar 6, 2024
Record surge marks new revival for Bitcoin
The cryptocurrency has experienced a breathtaking rebound this year amid strong demand from new U.S. exchange-traded funds.
At Crypto HK, a popular crypto store in Hong Kong, customers can buy cryptocurrencies with a minimum 500 Hong Kong dollars ($64) and are not required to provide any identity documents.
BUSINESS / Markets
Jan 28, 2024
Bruised by stock market, China rushes into banned bitcoin
More and more Chinese investors are using creative ways to own crypto assets they believe are safer than investing in stock and property markets at home.
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%.
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.
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.
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
BUSINESS / Tech
Jan 4, 2023
Both hurt and saved by regulations, what is next for crypto in Japan?
Strong regulations may have helped Japan avoid some of the FTX fallout, but some LDP lawmakers are pushing for a loosening of rules to embrace virtual assets.
Japan Times
COMMENTARY / World
Nov 18, 2022
AI can make crypto safer for everyone
Artificial intelligence can make cryptocurrencies easier to use without the need for intermediaries that people may not trust.
Japan Times
BUSINESS / Tech
Nov 15, 2022
Regulators circle crypto exchange FTX after collapse as rivals reassure clients
The implosion of FTX, once a darling of the crypto industry with a $32 billion valuation as of January, has spurred investigations by the U.S. Justice Department, the Securities and Exchange Commission and Commodity Futures Trading Commission.
Japan Times
BUSINESS / Tech / ANALYSIS
Nov 12, 2022
FTX meltdown sparks investor rethink of battered crypto market
The collapse of several crypto lenders and major tokens had rung alarm bells even before the blow-up of FTX.
Japan Times
BUSINESS / Tech
Nov 12, 2022
At least $1 billion of client funds missing at failed crypto firm FTX
The exchange's founder Sam Bankman-Fried secretly transferred $10 billion of customer funds from FTX to Bankman-Fried's trading company Alameda Research, sources said.
Japan Times
BUSINESS / Markets
Nov 8, 2022
Lawmaker behind Japan crypto strategy says rules still too tight
The latest steps suggest Japan is getting more serious about rejuvenating the crypto market.
Japan Times
BUSINESS
Oct 3, 2022
Bitcoiners hunker down for ‘storms ahead’ as retail stays away
Even with the narrative going around that crypto hung tough in the July-September stretch, the mood has remained sour.
Japan Times
BUSINESS
Sep 22, 2022
What crisis? High-stakes crypto lending looks here to stay
While Blockchain.com has largely pulled back from unsecured lending, many crypto lenders remain confident about the practice.
Japan Times
BUSINESS
Sep 7, 2022
Low-carbon bitcoin? Crypto miners' green power talk angers people in Texas
Crypto miners have flocked to Texas, attracted by a supportive regulatory environment and relatively cheap power.
Japan Times
BUSINESS
Sep 5, 2022
Cryptocurrency skeptics look to bend the ear of regulators
Some governments have expressed concerns over cryptocurrencies, but those behind the first Crypto Policy Symposium say they hope the event will prompt more 'critical discourse.'
Japan Times
BUSINESS / Markets
Jul 5, 2022
Bitcoin hints at a bottom, but it may be different this time
Analysts are seeing that many bitcoin gauges are all flashing in similar fashion, something that rarely happens.
Japan Times
BUSINESS / Tech
Jun 19, 2022
Bitcoin bounces off lows after record-breaking rout
The largest digital token by market value tumbled as much as 15% to $17,599 on Saturday.
Japan Times
BUSINESS / Tech
Jun 15, 2022
‘The music has stopped’: Crypto firms quake as prices fall
A global industry worth hundreds of billions of dollars rose up practically overnight. Now it is crashing down.

Longform

Later this month, author Shogo Imamura will open Honmaru, a bookstore that allows other businesses to rent its shelves. It's part of a wave of ideas Japanese booksellers are trying to compete with online spaces.
The story isn't over for Japan's bookstores