Japanese Cryptocurrency Exchange Hacked, $59 Million in Losses Reported
In a September 14 security breach, hackers reportedly stole $59 million worth of crypto from Japanese cryptocurrency exchange Zaif Go to Source Powered by WPeMatico
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LG’s Blockchain Service To Facilitate Cross-Carrier International Payments
LG’s telecom subsidiary, LG Uplus, has signed a memorandum of understanding that will see it offer its users blockchain-based international payments. The service will begin trial early next year and will enable users to make payments in Japan and Taiwan, the first such product by a Korean telecoms operator. The service will eliminate the high … Read more
Chinese Blockchain Fund Plans to Raise $13 Million for Japanese Yen Stablecoin
January 2019 set as launch date for Chinese blockchain fund’s first stablecoin pegged to Japanese yen Go to Source Powered by WPeMatico
Japanese Regulator Unveils Crypto Regulation Updates
Japan’s financial regulator has recently unveiled the current state of the crypto regulations in the country. Three crypto operators are currently being reviewed. With 160 companies wanting to enter the space, the regulator plans to add more personnel to help review new applicants. In addition, a self-regulatory plan for crypto exchanges has also been submitted … Read more
Korean Mobile Carrier LGU+ Launches Blockchain-Based Overseas Payment System
Korea’s LG UPlus is launching a blockchain-based cross-carrier overseas payment service together with Taiwan-based Far EasTone, Japan’s SoftBank and U.S.-based TBCASoft Go to Source Powered by WPeMatico
From Malta to Prague: What Is the Most Crypto-Friendly Travel Destination?
Summer is almost over, so it’s time to think of the most crypto-friendly destinations for your next vacation Go to Source Powered by WPeMatico
A Decade After Lehman Brothers Died: Mises, Satoshi, Bitcoin, and Wall Street Worship
September 15, 2018 brings the post-industrial financial world to a ten-year milestone. Lehman Brothers Holdings Inc. was officially shuttered on this day in 2008, rocking the entire planet. The event occurred just 110 days before a revolution its collapse helped to spawn: Bitcoin. A little-known economic philosopher, Ludwig von Mises, tried to warn many years ahead … Read more
Bitmain’s $50M ‘Permissionless Ventures’ First Project: BCH Dev Con
Cryptocurrency mining hardware giant, Bitmain, is sponsoring a Bitcoin Cash (BCH) hackathon in the United States — San Francisco, to be exact. For the China-based company, BCH Dev Con is the first project financed by its $50 million fund, Permissionless Ventures (PV). Also read: Mt. Gox Victims Must Take Claims to Tokyo, Not US, Judge … Read more
Japan’s Financial Regulator Expands to Handle Influx of Crypto Exchange License Demand
Japan’s financial watchdog says it will add 12 personnel to its workforce to better handle the burgeoning number of firms applying for crypto exchange operating licenses Go to Source Powered by WPeMatico
Huobi ‘Aggressively’ Enters Japanese Market With Plans to Become the Largest Exchange
Crypto exchange Huobi is entering the Japanese market by acquiring a majority stake in one of the 16 government-approved crypto exchanges in the country. The company says it plans to “aggressively scale this trading platform into the largest in Japan,” with an eye on global expansion in the future. Also read: 160 Crypto Exchanges Seek to … Read more