Category: Japan

  • Zaif Exchange Hack in Japan Provokes Security Caution From NEM

    Zaif Exchange Hack in Japan Provokes Security Caution From NEM

    While the Japanese cryptocurrency exchange Zaif faces backlash following a Sept. 14 hack, the NEM.io Foundation, known for the NEM blockchain platform and XEM token, has reassured its asset holders that it remains unaffected. Nem Suspends Zaif Withdrawals During the hack, holdings in Bitcoin (BTC), Bitcoin Cash (BCH) and MonaCoin (MONA) were subject to stolen funds.…

  • Japanese Regulators Urgently Respond to Zaif’s Hack

    Japanese Regulators Urgently Respond to Zaif’s Hack

    Following the hack of Zaif, one of Japan’s regulated crypto exchanges, the country’s financial regulator immediately responded, launching an emergency inspection of the exchange and a survey of all other crypto exchanges. Finance Minister Taro Aso has also commented on the situation. In addition, the recently established self-regulatory body has asked all exchanges to inspect…

  • LG U+ Will Bring Blockchain-Based Payment Services to Overseas Customers

    South Korean telecom company LG U+ revealed Sunday that it will be rolling out a new blockchain-based, cross-carrier payment system (CCPS) via partnerships with mobile carriers in Taiwan and Japan, according to The Korea Times. The new system will allow LG U+ customers to buy products using their mobile phones at certain retailers in Taiwan…

  • Japanese Regulator Unveils Crypto Regulation Updates

    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…

  • A Decade After Lehman Brothers Died: Mises, Satoshi, Bitcoin, and Wall Street Worship

    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…

  • Bitmain’s $50M ‘Permissionless Ventures’ First Project: BCH Dev Con

    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…

  • RippleNet to Make it Easier for Thai Workers to Send Money Home

    Remittance payments are part of many foreign workers’ daily lives; however, traditional systems can be slow and costly. In Japan, there are approximately 45,000 Thai employees working around the clock to send money home to their families–and Ripple’s solution RippleNet is aiming to make the process easier. RippleNet, a decentralized global network for banks and…

  • Huobi ‘Aggressively’ Enters Japanese Market With Plans to Become the Largest Exchange

    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…

  • Tired of Bank Bailouts and Hyperinflation? Bitcoin Offers Something Different

    Tired of Bank Bailouts and Hyperinflation? Bitcoin Offers Something Different

    People often wonder why a cryptocurrency with a limited supply like bitcoin has been gaining traction over the years. Since the 2008 financial crisis, the world’s central banks have printed around $12-30 trillion worth of promissory notes, and more than $10 trillion in negative-yielding global bonds. However instead of the newly printed money helping global…

  • [ANN] Explore Blockchain Hubs Around the World with ‘CryptoSlate Places’

    [ANN] Explore Blockchain Hubs Around the World with ‘CryptoSlate Places’

    The blockchain community is undoubtedly a global, decentralized assortment of people and companies working collectively on an ever increasing wide scope of projects and potential use cases. Accordingly, the extensive breadth of valuable blockchain information can be quite difficult to parse. In an effort to unify and integrate this domain, our newest feature, CryptoSlate Places, is designed…