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Tag Archives: Japan

Japan’s Bitpoint Gets Hacked For $32 Million

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Japanese cryptocurrency exchange Bitpoint has been hacked, resulting in the loss of $32 million worth of various digital currencies. The majority of funds lost (approximately $23 million) belonged to customers, while the rest was owned by the exchange. According to a CoinDesk Japan report on Friday, Bitpoint halted all services …

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Amazon’s Rival Rakuten Could Trigger the Next Bitcoin Bull Run?

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Rakuten, the giant e-commerce firm in Japan with more than 102 million consumers and the 14th biggest online firm in the world by yearly revenue, has officially stepped into the cryptocurrency exchange market. In a formal announcement given by the firm Rakuten, they stated that their wallet named ‘Rakuten Wallet’ …

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East Asian Countries China, Japan, South Korea and Taiwan comes with regulations as Cryptocurrencies frontline

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There was newly reported around the media sources in the world that this week earlier China’s financial scheming agency was thinking about banning Bitcoin mining. Along with low-cost electricity creating Bitcoin mining very benefiting, China has highly been regarded as the capital of world cryptocurrency mining, even after that their …

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Japan’s Largest Railway Company Accepting New Crypto-Based Payment System

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Kazuhiro Tokita, representative director, member, and president at Japanese cryptocurrency exchange DeCurret, unveils a brand new cryptocurrency payment system throughout a business presentation in the Tokyo on 27 March. The new system would change the Suica payment card issued by the East Japan Railway Company (JR East), Japan’s biggest railway company, to be topped-up with cryptocurrency. Still, the report …

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Prosecutors Drop Appeal Against Karpeles’ Embezzlement Acquittal

Tibanne CEO Mark Karpeles At Mt.Gox Bitcoin Exchange And Bitcoin Images

Japanese prosecutors have reportedly dropped their appeal to the final judgment of former Mt. Gox CEO Mark Karpeles, The Mainichi reports on 29th March.   On 15th March, the chief executive officer of the now-defunct Mt. Gox cryptocurrency exchange was guiltless of charges of embezzlement however was found guilty of change of state with monetary records.   According to The Mainichi, prosecutors had …

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