Tag - cryptocurrencies



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.
The drop in funds stolen by North Korean hackers mirrors a larger trend in the cryptocurrency security landscape: an overall decline in hacks of the once-lucrative decentralized finance, or DeFi, protocols.
ASIA PACIFIC / Crime & Legal
Jan 25, 2024
North Korean hackers targeting crypto more but stealing less: report
The drop in funds stolen by North Korean hackers mirrors a larger trend in the cryptocurrency security landscape.
Elon Musk attends an interview in New York on Nov. 29.
Jan 10, 2024
SEC’s ‘compromised’ account amplifies X mistrust, security concerns
The high-profile breach comes at a time when X and billionaire owner Elon Musk are seeking to win back trust from both users and advertisers.
A scientist works on a quantum computer at the IBM Quantum lab in Yorktown Heights, New York.
Jan 3, 2024
Your money may not survive a quantum heist
Prime numbers have served the internet age well, but the private sector and public authorities can no longer take their continued guardianship for granted.
South Korean Lee Kyung-woo was sentenced to life in prison in October for the kidnapping and murder of a 48-year-old woman over a crypto dispute.
ASIA PACIFIC / Crime & Legal
Dec 13, 2023
Crypto and ketamine: The murder that shocked South Korea
Case resembling K-drama plot emerges in safe and almost drug-free country where violent killings are rare.
U.S. national security adviser Jake Sullivan (left), South Korean national security adviser Cho Tae-yong (center) and secretary-general of Japan's National Security Secretariat, Takeo Akiba, at a news conference in Seoul on Saturday.
Dec 9, 2023
Japan, U.S., South Korea to step up action on North's cyberthreats
The national security advisers of the three countries met in Seoul on Saturday as Pyongyang warned that it would deploy more spy satellites.
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%.
Yoshitaka Kitao, chief executive officer of SBI Holdings, says Japan is preparing the groundwork for the full-scale introduction of stablecoins.
BUSINESS / Companies
Nov 28, 2023
Circle enters pact with Japan’s SBI to spur USDC stablecoin usage
They will also establish a banking relationship and promote the use of Circle’s Web3 services in Japan.
A redacted online resume of a North Korean IT worker is shown in this screenshot obtained on Monday.
Nov 21, 2023
North Koreans use fake names to land remote IT work for cash
Landing a job outside North Korea to secretly earn hard currency for the country demands highly-developed strategies to convince Western firms.
Sam Bankman-Fried, founder of FTX, exits the federal courthouse in Manhattan in February.
Nov 5, 2023
Sam Bankman-Fried won't be the last crypto mogul behind bars
If Sam Bankman-Fried culpability for the "pyramid of deceit” behind FTX’s collapse seemed so obvious, it’s partly because he was prosecutorial gold.
Former FTX chief executive Sam Bankman-Fried leaves Manhattan federal court in New York in January.
Nov 4, 2023
Swift FTX case vindicates prosecution ‘need for speed’
ON Thursday, the jury took only a few hours to convict Sam Bankman-Fried of treating FTX as his personal piggy bank.
Former FTX chief Sam Bankman-Fried leaves court following a bail hearing ahead of his October fraud trial, in New York City on July 26.  He was found guilty on all counts against him on Thursday.
Nov 3, 2023
Sam Bankman-Fried found guilty on all counts at fraud trial
The panel reached its decision after five weeks of trial, and the former crypto tycoon now faces up to 110 years behind bars.
Samuel Bankman-Fried, founder and CEO of FTX, testifies during a Senate Committee on Agriculture, Nutrition and Forestry hearing on Capitol Hill in Washington in February 2022.
BUSINESS / Companies
Oct 28, 2023
FTX founder admits 'mistakes' but testifies he didn't defraud anyone
FTX founder Sam Bankman-Fried insisted he did not steal billions of dollars from customers when the cryptocurrency exchange collapsed last year.
FTX founder Sam Bankman-Fried faces fraud charges over the collapse of the bankrupt cryptocurrency exchange, at federal court in New York City on Thursday, in this courtroom sketch.
WORLD / Crime & Legal
Oct 27, 2023
FTX founder Sam Bankman-Fried implicates lawyers in testimony
Accused of stealing billions of dollars from customers, Bankman-Fried has pleaded not guilty to two counts of fraud and five counts of conspiracy.
The role of cryptocurrencies in terrorist financing has once again come into focus after the start of the Israel-Hamas war.
Oct 25, 2023
Crypto's role in terrorist financing comes under renewed scrutiny
Cryptocurrency's role in terrorist financing has come under renewed scrutiny following a deadly attack in Israel by Palestinian militant group Hamas.
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.
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.
Caroline Ellison (left), former chief executive officer of Alameda Research LLC, exits court in New York on Tuesday. Her ex-boyfriend and former boss, FTX Co-Founder Sam Bankman-Fried, is charged with seven counts of fraud and money laundering following the collapse of his cryptocurrency empire last year.
BUSINESS / Companies
Oct 11, 2023
Sam Bankman-Fried's ex says he directed her to commit crimes
In her first day of testimony, Caroline Ellison, 28, portrayed Sam Bankman-Fried as the brains behind fraudulent operations at FTX.
A cryptocurrency mining center in Russia
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.
Self-proclaimed president of the "Free Republic of Liberland" Vit Jedlicka (center) poses with the Liberland flag and future citizens in the village of Backi Monostor, Serbia, in May 2015
WORLD / Society
Sep 25, 2023
Breakaway Balkans micronation dreams of a crypto future
"Liberland" has attracted libertarian supporters across the globe who see a natural harmony between libertarianism and crypto.
A ceremony to establish the Cyber Affairs Bureau and the National Cyber Unit of the National Police Agency is held in Tokyo on April 1, 2022.
JAPAN / Crime & Legal
Sep 4, 2023
Japan makes progress on international cyber probe collaboration
Investigative information from the National Cyber Unit was used successfully overseas for the prosecution of a suspect.


Hideo Shimoju points to a possible site that his fellow neighbors may relocate to. Such relocations have happened before, but not preemptively.
In disaster-prone Japan, some communities consider major moves