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July 27, 2024
 

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CRYPTOCURRENCIES

Japan Times
ASIA PACIFIC / Crime & Legal
Apr 23, 2019
Thai navy tows floating home of fugitive U.S. 'seasteader'
Thailand's navy on Monday began towing to shore the floating cabin of a fugitive U.S. citizen and his Thai girlfriend, both prominent members of the "seasteading" movement who face possible death sentences for setting up their offshore home.
Japan Times
JAPAN / Media / DARK SIDE OF THE RISING SUN
Apr 6, 2019
Solving the world's largest bitcoin heist
"Imagine someone stole everything in your store and you reported the crime to the police," says Nobuyasu Ogata, defense lawyer for Mark Karpeles. Karpeles, 33, is the former CEO of Mt. Gox, once the largest bitcoin exchange in the world.
Japan Times
BUSINESS / Markets
Apr 2, 2019
Bitcoin's sudden, puzzling surge propels it above $5,000, as other cryptocurrencies rally
Bitcoin climbed suddenly Tuesday to the highest level since November, leading a surge in virtual currencies and ending three months of calm in the $160 billion market.
Japan Times
JAPAN / Crime & Legal
Mar 15, 2019
Mt. Gox bitcoin exchange founder Mark Karpeles gets suspended term for falsifying data but is cleared of embezzlement
Mark Karpeles gets a suspended term for data manipulation related to the scandalous disappearance of 850,000 bitcoins in 2014 but is found not guilty of embezzlement.
Japan Times
BUSINESS
Mar 15, 2019
Tripling in value of Binance Coin, the cryptocurrency of the hour, echoes bitcoin's glory days
The cryptocurrency boom appears to be alive and well for Binance, the world's largest digital-asset exchange by trading volume.
JAPAN / Crime & Legal
Mar 15, 2019
In Japan's first case of its kind, 18-year-old sent to prosecutors over ¥15 million cryptocurrency theft
An 18-year-old boy was referred to prosecutors Thursday for allegedly stealing about ¥15 million ($134,300) worth of cryptocurrency last year by hacking a digital currency storage website, police said.
Japan Times
JAPAN / Crime & Legal
Feb 28, 2019
Cases of money laundering linked to cryptocurrency in Japan up tenfold in 2018
Cryptocurrency can be transferred largely anonymously, with police saying that in some cases virtual currency was used to pay for illegal drugs or child pornography.
WORLD
Feb 5, 2019
Cryptocurrency exchange CEO dies holding only passwords that can unlock millions in customer coins
Digital-asset exchange Quadriga CX has a $200 million problem with no obvious solution — just the latest cautionary tale in the unregulated world of cryptocurrencies.
BUSINESS / Markets
Jan 12, 2019
Coincheck wins approval to run cryptocurrency exchange a year after massive theft
About a year after a massive digital heist that shocked the cryptocurrency industry around the world, Japan's financial watchdog gave Coincheck Inc. the green light Friday to officially run a virtual currency exchange.
Japan Times
BUSINESS
Jan 11, 2019
Hit by tougher standards and falling prices, Japan's cryptocurrency players face a pivotal 2019
Japanese crypto-exchange operators unexpectedly faced major problems last year due to the unprecedented hack in late January of Tokyo-based Coincheck Inc., which lost digital tokens estimated at the time to be worth ¥58 billion and caused commotion across the industry.
JAPAN / Crime & Legal
Dec 6, 2018
6,000 cryptocurrency laundering cases reported to Japanese police from January to October
Nearly 6,000 cases of suspected money laundering linked to cryptocurrency were reported to police in the January to October period, National Police Agency officials said Thursday.
Japan Times
BUSINESS
Oct 29, 2018
Gab.com fights to stay online after Pittsburgh synagogue massacre
The website where the suspected Pittsburgh synagogue gunman posted anti-Semitic views said on Sunday it was "working around the clock" to stay online after being cut off by payment processors and forced to switch web hosts.
Japan Times
BUSINESS
Sep 30, 2018
Japanese cryptocurrency industry group plans to tighten rules on asset management after thefts
In the wake of another hacking incident in early September, a group of cryptocurrency exchange operators is planning to tighten self-regulatory measures it follows on the management of customer assets.
Japan Times
JAPAN
Sep 27, 2018
'Summer Davos' in China casts spotlight on technological advances beyond Silicon Valley
The award-winning virtual reality film "Tree" offers a rare multisensory experience of becoming a rainforest tree from a seedling in just 15 minutes. Reading a short speech into a microphone analyzes your voice and tells who you are — your sex, height, skull type, personality and emotional state. A...
Japan Times
BUSINESS / Markets
Sep 25, 2018
Japan's Financial Services Agency criticizes hacked crypto-exchange over lack of details on $62 million theft
Cryptocurrency firm Tech Bureau Corp. has failed to provide adequate details on how thieves hacked into its exchange to steal ¥7 billion ($62 million), or explained its delay in reporting the hack, the country's financial regulator said on Tuesday.
Japan Times
BUSINESS
Sep 20, 2018
¥6.7 billion in digital money stolen from Osaka firm
Hackers gained unauthorized access to the exchange's hot wallets, which are less secure and where funds are held for immediate transactions.
Japan Times
BUSINESS / Markets
Sep 2, 2018
Japan's FSA tightens screening process for aspiring cryptocurrency exchanges
The Financial Services Agency has effectively tightened its registration screening for cryptocurrency exchanges to see whether they are properly conducting risk management, sources say.
BUSINESS / Markets
Aug 23, 2018
SEC quashes more bitcoin ETF pitches in another blow to cryptocurrencies
The U.S. Securities and Exchange Commission has rejected another round of attempts to list exchange-traded funds backed by bitcoin, blocking ETFs from ProShares, GraniteShares and Direxion, on concern prices could be vulnerable to manipulation.
Japan Times
BUSINESS / Companies / Taking the Lead
Aug 19, 2018
Monex chief sees cryptocurrency future for finance industry
In 1999 former Goldman Sachs investment banker Oki Matsumoto launched an online brokerage with some clear goals in mind: to create an ideal future for personal finance and to encourage Japanese who are hoarding their savings to actively invest.
Japan Times
BUSINESS
Aug 14, 2018
World's biggest Bitcoin-mining rig maker Bitmain eyes move into AI
The 1980s cyberpunk novels that predicted today's internet failed to conceive of anything as outlandish or contradictory as Bitcoin: A digital currency that's spent nowhere, a commodity that's used for nothing, and a libertarian dream that is effectively run by elites.
Japan's population continues to fall even as foreign resident count rises
The number of residents in Tokyo as of Jan. 1 rose by 0.03% from a year before, data shows, marking a year-on-year increase for the first time in three years, while the country's other 46 prefectures saw their populations continue to decline.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
One dead, three missing as heavy rain batters Tohoku
Camera footage shows the Mogami River bursting its banks in Tozawa, Yamagata Prefecture, on Friday morning.
Yen melt-up nudges Japanese stocks into correction territory
Japanese stocks are down 10% from their July peak as the yen strengthens.
Yen rally could help end crushing wage decay in Japan
Some economists say a sticky weak yen trend would have a negative impact on Japan's real wage growth.
Japan’s minimum wage set for record ¥50 hike in major boost
Demonstrators rally to demand a big hike in minimum wages in Tokyo last week.
Japan loses top spot on strongest passport list to Singapore
Japan had the strongest passport for six years running from 2018, before being dethroned by Singapore on the 2024 list.
Why Japan's mysterious stash of classified funds escapes scrutiny
Prime Minister Fumio Kishida and Chief Cabinet Secretary Yoshimasa Hayashi (right) during a meeting in Tokyo on Tuesday.
Terunofuji, as he tends to do, returns to stamp his authority on sumo pretenders
Terunofuji (left) throws down Kirishima on Tuesday to build on his perfect record at the Nagoya Grand Sumo Tournament.
Japanese startups advised to internationalize to get some global mojo
Entrepreneurs who participated in the Beyond Japan Zero to X program last year share their experiences in the United States during a meeting in May in Tokyo.

Podcast

One of the many entrances to the Kabukicho neighborhood in Tokyo’s Shinjuku Ward.
Kabukicho: Tokyo’s ‘stadium of desire’

Longform

Traditional folk rituals like Mizudome-no-mai (dance to stop the rain) provide a sense of agency to a population that feels largely powerless in the face of the climate crisis.
As climate extremes intensify, Japan embraces ancient weather rituals
By Alex K.T. Martin

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