Five More Exchanges Join Japan’s Self-Regulatory Crypto Exchange Association

Five more cryptocurrency exchanges have joined Japan’s self-regulatory crypto exchange body. Five more cryptocurrency exchanges have joined the Japan Virtual Currency Exchange Association (JVCEA), according to an official announcement on Jan. 4 from the JVCEA. The JVCEA is a self-regulatory body formed in April by 16 registered crypto exchanges that aims to create industry-wide investor […]

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Japan: E-commerce Giant DMM Shutters Crypto Mining Business Due to Declining Profitability

Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability. Japanese e-commerce conglomerate DMM.com Ltd. will shut down its crypto mining business, citing deteriorating profitability as the main cause. Local business magazine Toyo Keizai reported the shutdown on Dec. 30. The decision was reportedly taken in September 2018, and initial […]

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Japanese Financial Regulator Receives 190 Cryptocurrency Exchange License Applications

The Japanese Financial Services Agency has received 190 cryptocurrency exchange license applications. The Japanese Financial Services Agency (FSA) received 190 cryptocurrency exchange license applications, an unnamed FSA staff member told Cointelegraph Japan on Dec. 28. The FSA has given the local crypto industry self-regulatory status, certifying the Japanese Virtual Currency Exchange Association (JVCEA) to oversee […]

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Phishing Attack on Electrum Wallet Nets Hacker Almost $1 Million in Hours, Report

Phishing attack on crypto wallet Electrum has claimed multiple victims and allows the perpetrator to empty Bitcoin wallets. A reportedly ongoing hack against cryptocurrency wallet Electrum has seen a malicious party steal almost 250 Bitcoin (BTC) (about $937,000), commentators reported on social media Dec. 27. Subsequently confirmed by Electrum itself, the attack consists of creating […]

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BitMEX and Hong-Kong Listed Wine Firm Plan Joint Foray Into New Japanese Crypto Exchange

Crypto exchange BitMEX and French wine retailer Madison Holdings Group are reportedly partnering to acquire a majority stake in BitOcean. Crypto exchange BitMEX and a fine French wine retailer are reportedly partnering to acquire a majority stake of licensed — but as yet inactive — Japanese crypto exchange BitOcean. Cointelegraph Japan reported on the potential […]

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Ex-CIA Official Claims Blockchain Is ‘Biggest Threat’ to Future of US National Security

A former CIA intelligence officer has claimed blockchain represents a greater “threat to America’s national security” than North Korea, Iran or Russia. Andrew Bustamante, reportedly a former CIA intelligence officer, has claimed blockchain is “super powerful stuff” that represents a threat to America’s national security. Bustamante, who specializes in publishing life-hacks based on his knowledge […]

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