Virtual currencies have been playing an increasingly significant role in finance, with investors around the world buying the digital tokens and driving up their value dramatically. Markets in Japan are no exception. Industry insiders say cryptocurrencies will spread more widely, establishing their position as an asset ...
A new virtual currency called "bitcoin cash" was created early Wednesday as a result of the split of bitcoin. The market price of bitcoin briefly showed wild fluctuations following the split, but no major loss of customer assets has been confirmed so far, market sources ...
A U.S. jury indicted a Russian man on Wednesday as the operator of a digital currency exchange he allegedly used to launder more than $4 billion for people involved in crimes ranging from computer hacking to drug trafficking. Alexander Vinnik was arrested in a small ...
Thirteen bitcoin exchange operators in Japan said they will suspend deposits and withdrawals of the virtual currency from midnight July 31 in order to prevent confusion caused by an expected split of the trading system. The move is aimed at protecting customer assets. The number of ...
The head of Mt. Gox, once the world's largest exchange for bitcoin digital currency, denied embezzling hundreds of millions of yen from its customers as his trial began Tuesday in Tokyo. Appearing at the Tokyo District Court, Mark Karpeles, the 32-year-old French-born CEO of the ...
A recent outbreak of ransomware attacks, from the WannaCry worm in May to Tuesday's infection of thousands of computer systems around the globe, shows that digital stickups are becoming the go-to hack for cybercriminals, fueled by powerful leaked U.S. government exploits and the rise ...
For digital-marketing agency Cooperatize.com, taking bitcoin for payment was easy enough. All co-founder Roger Wu had to do was obtain a digital wallet. To promote the move in 2014, he even penned a blog post for Forbes explaining the decision. The number of transactions the ...
The food industry is turning to the same technology used by virtual currencies to strengthen food safety and inventory management by tracking meats and crops from farm to table. Working with IBM, retail giant Wal-Mart Stores Inc. is testing the technology system on mangos in ...
BITPoint Japan, the company behind Peach Aviation's move to let travelers use bitcoin to pay for tickets, is planning to give hundreds of thousands of retail outlets the ability to accept the digital currency. "We're holding discussions with a retail-related company," Genki Oda, BITPoint's president, ...
The castle city of Hirosaki, Aomori Prefecture, has moved into the digital currency age with the launch of a project to use bitcoin to lure international travelers and preserve the city's historic attractions, an apparent first by a Japanese municipality using a cryptocurrency. The main ...
With the use of virtual currency spreading, especially overseas, more retailers in Japan are opening up to payments from tourists via the blockchain technology.
Controversial New Zealand-based internet mogul Kim Dotcom plans to launch a bitcoin payment system for users to sell files and video streaming as he fights extradition to the United States for criminal copyright charges. The German-born entrepreneur, who is wanted by U.S. law enforcement on ...
