Cryptocurrency News
In a notable development within Japan’s cryptocurrency landscape, JasmyCoin (JASMY), the country’s largest cryptocurrency project, has experienced a remarkable surge in price over the past month. With gains exceeding 140% in the last 30 days and over 100% in the past week alone, JASMY has garnered significant attention from investors […]
Nearly two years ago, the Japanese crypto exchange Coincheck suffered from a major hack. During that incident, millions of dollars worth of NEM currency were taken by criminals. Despite several investigations, not all of that money was retrieved. NEM Hack Story Continues In fact, not much happened regarding this incident […]
Binance remains the biggest crypto trading platform in the world. Even so, it cannot rest on its laurels in the slightest. The new collaboration with Yahoo Japan’s subsidiaries is perhaps a sign of what is yet to come. Another Feather in the cap of Binance Japan is a very prominent […]
Leveraged trading, or margin trading, has always been rather controversial in the cryptocurrency industry. Japan’s Coincheck exchange is ending this functionality in the next few months. It is rather uncommon for cryptocurrency exchanges to end margin trading out of the blue. Coincheck Ends Margin Trading For most service providers, this […]
Last year was the worst yet in regards to crypto crime, a new report reveals. The industry lost more than $1.7 billion to crypto crooks, three times the 2017 tally. In what has become an ever-evolving menace, the thieves have continued to refine their methods. Crypto exchanges are still targets […]
LG’s telecom subsidiary, LG Uplus, has signed a memorandum of understanding that will see it offer its users blockchain-based international payments. The service will begin trial early next year and will enable users to make payments in Japan and Taiwan, the first such product by a Korean telecoms operator. The […]
Japan’s National Police Agency (NPA) intends to introduce tracking software for cryptocurrency transactions as it strives to curb the use of cryptos in illegal transactions, a local media outlet recently reported. The software was necessitated by increased instances of crypto use in illicit transactions in what has become one of […]
LINE Corporation has announced the addition of Tron’s TRX to its BITBOX cryptocurrency exchange. BITBOX was announced by the company in June and opened its doors in July to global clientele, with the exception of those in the US and Japan. TRX becomes the first crypto to be approved for […]
Japan has quickly risen to the top in terms of cryptocurrency activity. Ever since China’s PBoC officially banned fiat-based trading, Japan has taken its spot, alongside South Korea. Coinsquare, the Canadian exchange, is eyeing a Japanese expansion. It’s a surprising development, considering that Japanese regulators continue to scrutinize the cryptocurrency […]
Binance is not just another cryptocurrency company. Although that is the firm’s main bread and butter, there is also a philanthropic mission to take into account. More specifically, the CEO of Binance has made it clear the company is trying to create jobs and offer help to those in need. […]
Japan has positioned itself as one of the world’s biggest cryptocurrency hubs. That in itself is a very important development, especially since China has made itself irrelevant. It now seems cryptocurrency exchanges are not the only major trend in Japan, as mining Bitcoin and altcoins has also become a lot […]
Japan is a very important location in the world of Bitcoin and cryptocurrency. Considering that it is one of only two countries to have officially recognized Bitcoin as legal tender, any development in this country will be important. For Japan’s economy, the influx of cryptocurrencies and blockchain technology could not […]
Japan is a very different country when it comes to cryptocurrency activity. With its open-minded approach and legitimization of Bitcoin, an interesting situation has been created. It now seems officials will subject crypto investors to credit evaluations. Another Positive Regulatory Development In Japan, cryptocurrency regulation has become rather interesting to […]
At press time, bitcoin has shrunk down to $6,100 – the lowest it’s been in nearly four months. All the talk of bitcoin developing newfound resistance appears to be moot; the coin remains as vulnerable as ever, and traders should brace themselves for bitcoin to strike the $5,000 range next. […]
It has become apparent that the Japanese Financial Services Agency is closely monitoring all domestic cryptocurrency exchanges. Any wrongdoings will be pointed out quickly and the issues will need to be addressed accordingly. Various registered operations will face administrative sanctions later this week. The Japanese FSA Takes Harsh Action Ever […]
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 […]