Japan

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Japanese Police Arrest Coinhive Users for Violating Law Banning Computer Viruses

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Japanese police from 10 prefectures have arrested website operators using Coinhive to tap into the computer power of their site visitors to mine cryptocurrencies without consent. They are accused of violating the law banning the use of computer viruses. Some people have already been fined. The police have been monitoring the Coinhive program since it … Read more

Malicious Monero Miners Made Off with 5% of Coins in Circulation, Over $175 Million

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‘Fair’ mining and privacy altcoin, Monero (XMR), shed $175 million as a result of malicious miners hijacking what amounts to an eye-popping 5% of XRP in circulation. The findings come by way of a cyber security researcher in Northern California, investigating a noticeable trend uptick in mining thievery generally.   Also read: William Shatner Joins … Read more

Japan Cracks Down on Malicious Cryptocurrency Mining Operations

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There has been a global increase in the number of malicious cryptocurrency mining attempts. In Japan, the situation has become so dire that the government has decided to get involved. It has authorized police officials to charge people with mining cryptocurrency without consent. Ending Illicit Cryptocurrency Mining Over the past eight to twelve months, the … Read more

Japan Cracks Down on Illegal Use of Computers to Mine Crypto

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The police in Japan are cracking down on the illegal use of personal computers for cryptocurrency mining. Multiple prefectural police departments are currently investigating one particular case and pursuing criminal charges, which would make it the first criminal case in Japan where computers are illegally used for mining cryptocurrencies. Also read: Yahoo! Japan Confirms Entrance Into … Read more

Number of Japanese Bitcoin Spenders Slowly but Steadily Increasing Says Bic Camera

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A year after the Japanese government recognized cryptocurrency as a legal form of money, bitcoin payments are steadily going mainstream. Bic Camera is one of the most profitable electronic, cosmetic and duty-free goods stores in Japan. It has now revealed that even though less than 1% of payments have been made in BTC since it … Read more

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