Category: Japan

Japan’s Financial Services Giant SBI Trials Crypto Token for Retail Purchases

Japan`s financial services giant SBI Holdings is trialing a crypto token that can be used to make retail purchases with users’ smartphones.

Zaif Hit With Third Improvement Order, Revises Hack Estimate

Japan’s top financial regulator has issued hacked crypto exchange Zaif a third business improvement order. The exchange has revised its theft estimate, after discovering that 42,327 BCH were also stolen in addition to 5,966 BTC. Zaif has also signed agreements with two companies for their help with repaying customers and improving its security system. Japan’s ...

Bitcoin Breakthrough? Japanese Giant Opens Corridor To Africa

Japan money transfer giant SBI Remit is now letting nearly half a million customers send money to Africa using the bitcoin blockchain. Designed to be a faster more reliable way to send money to Africa’s often overlooked markets, the new treasury management services are being provided by venture-backed BitPesa, which has raised $10 million from ...

$540 Million in Crypto Theft in 2018, Says Japan’s National Police Agency

Japan, often fondly referred to as the ‘Land of the Rising Sun’ has this year increasingly become the ‘Land of rising crypto theft,’ with a new report suggesting that the yen equivalent of $540 million has been stolen during the first six months of the year. According to a new report from Japanese newspaper Asahi Shimbun on ...

Breaking: Hacked Japanese Exchange Zaif Lost $60 Million

Users of Zaif crypto exchange based in Japan have been recently denied access to the withdrawals and deposits on the exchange. In what would probably be the second significant hacking incident involving an exchange based in Japan, after Coincheck’s hack. The exchange owners revealed in a recent press release (written in Japanese) that the exchange got hacked. Missing ...