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Japan: cybersecurity experts from a subsidiary of Mitsubishi UFJ Financial Group say they have found evidence that could help trace the hackers of crypto exchange Zaif
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The breakeven cost of Bitcoin mining is at around $7,000 to $8,000. Yet, miners are still mining at a loss
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Japan: owner of previously hacked crypto exchange Coincheck confirms relaunch of new account signups, limited trading functions
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Coincheck reported a pre-tax loss of 588 million yen (US $5.3 million) for the third quarter of 2018, the Japanese exchange’s second consecutive quarterly loss since hackers pilfered $530 million in January. That’s an increased deficit of 130 percent from the 259 million yen ($2.3 million) loss the previous quarter. Also Read: French Business School Fees […]
The post Coincheck Reports Deepening Losses of $5.3 Million in Third Quarter appeared first on Bitcoin News.
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Japanese IT firm Fujitsu will develop the basis of a trial settlements system using an unnamed digital currency to move funds in partnership with nine banks
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Hitachi has partnered with the State Bank of India to establish a nationwide digital payments platform, in a major bid to accelerate the digitalization of financial services in India
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Japanese crypto exchange Coincheck saw a 66 percent decline in revenue for the third quarter of 2018, raising $28 million as compared with $84 million the preceding quarter
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Japan’s top financial regulator, the Financial Services Agency, has exclusively explained to news.Bitcoin.com how stablecoins are treated under current Japanese law. In addition to emphasizing that they are not virtual currencies, the regulator clarified the registration requirements for their issuers and dealers. Also read: Yahoo! Japan Confirms Entrance Into the Crypto Space Not Virtual Currencies Japan’s […]
The post Japanese Regulator: Stablecoins Are Not Cryptocurrencies Under Current Law appeared first on Bitcoin News.
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Sony has announced the development of a new type of cryptocurrency hardware wallet that uses its IC card technology. The Japanese conglomerate also said that it firmly believes in the potential for the commercialization and widespread adoption of blockchain technology. Also read: Blockchain Launches Hardware Wallet Secure Digital Assets Tokyo-based Sony, a household name for decades, […]
The post Sony Develops ‘Contactless’ Hardware Wallet for Digital Assets appeared first on Bitcoin News.
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Here are the pros and cons of having a central bank-issued digital currency — along with the list of countries that chose to adopt or dismiss the idea
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