crypto

Japanese cryptocurrency exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin and other cryptocurrencies. Japanese cryptocurrency exchange Bitpoint has suspended all services after losing $32 million in a hack involving XRP, Bitcoin (BTC) and other cryptocurrencies. In an official announcement on July 12, BitpointRead More →

crypto

Japan’s Financial Services Agency has published its draft report outlining new cryptocurrency regulations. The report contains measures in areas that are not currently addressed in existing laws such as hacking incidents, deemed dealers, privacy coins, self-regulation, and margin trading. New Crypto Regulatory Framework: Japan’s top financial regulator, the Financial ServicesRead More →

crypto

Japan’s biggest bank MUFG and Brazil’s Banco Bradesco are to collaborate on a new cross-border payment service based on Ripple technology. MEMORANDUM OF UNDERSTANDING The two banks signed a Memorandum of Understanding (MOU), agreeing to co-develop the system. Mitsubishi UFJ Financial Group is Japan’s largest banking group and recently announced it would launch itsRead More →

crypto

Japanese cryptocurrency firm Tech Bureau Corp’s Zaif exchange was hacked mid-month, where virtual coin losses amounted to 7 billion yen ($60 million). Today, the country’s financial watchdog has accused the firm of failing to provide details on how thieves hacked the exchange and also for not explaining its delay inRead More →