On Thursday, the U.S. Securities and Exchange Commission declared that a crypto mining company known as DEBT Box raised $50 million through a fraudulent scheme, along with an unknown amount of Bitcoin and Ethereum. The SEC said that the company misappropriated funds for luxury cars and real estate, “showering their friends with cash.”
Crypto Heists Funneling Billions to North Korea’s Nuclear Program Attract Senate Scrutiny
Three Democratic senators are pressing the Biden administration for more information about its efforts to counteract Pyongyang’s reliance on stolen cryptocurrency to fund its nuclear program.
Urawa Reds vs Yokohama F.Marinos Prediction: Yokohama F.Marinos Are The Better Side
The Struggle for three points in the J1 League continues as Urawa Reds welcomes Yokohama F.Marinos, one of the prominent teams in the league. In the past five meetings, there have been three (3) wins ... ( read original story ...)
Simone Biles set for return to gymnastics for first time since Tokyo Olympics
The greatest gymnast of all time returns to competition on Saturday for the first time since the Tokyo Olympics. Reports from a recent national team camp indicate she’s got plenty left to offer ... ( read original story ...)
Osaka’s film nominated for an Emmy Award
Naomi Osaka, a Japanese athlete who was formerly ranked as the top female tennis player in the world, has recently made a name for herself as a producer. ( read original story ...)
Uber to operate 100 Model Y’s in Tokyo
In Japan, Uber is putting 100 Tesla Model Ys on the roads of Tokyo. This is the ride-hailing company's first deployment of electric vehicles in the cab and for-hire industry in Japan. In collaboration ... ( read original story ...)
U.N. group says people abused by late Japanese boy band producer deserve apologies and compensation
The men who came forward to allege they were sexually abused as teenagers by Japanese boy band producer Johnny Kitagawa now have a powerful listener: the United Nations ... ( read original story ...)
Revolut to stop crypto services for U.S. customers
British fintech Revolut will stop allowing U.S. customers to access cryptocurrencies, the company said in a statement on Friday, citing the regulatory environment and crypto market uncertainty there.
Bitfinex hacker, rapper wife plead guilty in crypto heist money laundering
One of the most enduring mysteries in the world of cryptocurrencies was resolved Thursday when Ilya Lichtenstein acknowledged that he was the hacker who executed the 2016 attack on the Bitfinex exchange.
Signs are emerging that the IPO market can make a comeback soon
Secondary offerings are seen as a leading indicator of IPO volume since they create liquidity for investors and signal to the market that deals can be executed. In secondary share sales ...
Exclusive: Cyanide maker Draslovka screens banks for IPO
The privately-held Czech group is selecting underwriters for an initial public offering (IPO) after inviting them to pitch over the summer, said the people, who spoke on condition of anonymity.
Japan’s Kishida hopes to further strengthen strategic cooperation with US and South Korea at summit
Japanese Prime Minister Fumio Kishida says he has high hopes to discuss further strengthening of three-way strategic cooperation with the United States and South Korea at a summit hosted by President Joe Biden at Camp David later this month. ( read original story ...)
The bombing of Hiroshima helped shape an extraordinary culture of peace in Japan | Opinion
As Hiroshima rebuilt after the bombing, survivors like my grandfather helped shape an extraordinary culture of peace that permeates every facet of life in the city. The lesson of Hiroshima for my grandfather was to never forget what happened but to also refuse to become trapped in his feelings of loss, grief, and anger. ( read ...
Japan’s economy to pick up in Q2 despite slowing global demand
Japan's economy likely grew an annualised 3.1% in April-June to mark a third straight quarter of expansion, according to a Reuters poll, helped by resilience in exports despite slowing global demand. ( read original story ...)
Japan’s Ecbo launches ‘Airbnb of baggage storage’ in Taiwan as first overseas expansion
Tokyo-based Ecbo, the Japanese startup offering the Ecbo Cloak luggage storage service and the Ecbo Pickup service, held a press conference in Taipei on Friday to announce the launch of the ...
Japan banking regulator sees no big impact from BOJ shift for now
The Bank of Japan's latest policy shift would not have a major impact on Japanese banks unless there are sudden spikes in domestic bond yields, the new head of Japan's financial regulator told Reuters ...