Japan has always been a cash-based society. While there’s been some recent progress on the cashless front, many local eateries still won’t accept any cards. With that, most of us are left with coins ...
Japanese exchange DMM Bitcoin loses $305 million to hackers
DMM Bitcoin, the cryptocurrency arm of Japanese Internet giant DMM.com, announced on Friday that more than $300 million in bitcoin had been stolen in a major security breach. The exchange confirmed the incident but did not explain how the assets were stolen.
Excluding Staking From ETH ETF Proposals Could Benefit Broader Crypto Staking
Last week, the SEC approved exchange applications for Nasdaq, CBOE and NYSE to list exchange-traded funds (ETFs) for spot Ether (ETH). Firms such as Ark and Fidelity eliminated the staking features from their applications to increase chances of SEC approval.
Donald Trump’s latest appeal to pro-crypto voters includes asking Elon Musk for policy tips
Newly convicted felon Donald Trump has been ramping up a pro-crypto stance in recent weeks as part of a bid to win over fans of digital assets. The latest indicator that Trump hopes to be the candidate for the elusive "crypto voter": The former president has turned to Elon Musk for advice on carving out ...
Japanese exchange DMM Bitcoin hacked, $305 million lost
Japanese cryptocurrency exchange DMM Bitcoin lost approximately $30 million in a cyberattack, with 4,502 BTC stolen from its wallets.
JasmyCoin Price Prediction: ”Japan’s Bitcoin” JASMY Soars 25%, But Experts Say The 99BTC ICO Might Be The Best Crypto To Buy Now
JasmyCoin’s price bullish momentum is stronger, as the bulls use the $0.024 support zone to propel the price. JASMY bulls are set to breach the $0.032 resistance, possibly pushing JASMY to the next ...
Breaking: DMM Bitcoin Loses 4,502.9 BTC in $305 Million Crypto Hack
Japanese Bitcoin exchange DMM says it will fully repay all of its customers despite losing thousands of coins in a major hack.
Japan spent $62 billion supporting yen in April-May
Japan said Friday that it spent about 62 billion dollars to bolster the yen over the past five weeks, when it intervened in forex markets for the first time since 2022 after the currency hit a 34-year ...
Japan confirms $62 billion currency intervention to prop up weak yen
The Japanese Finance Ministry on Friday confirmed it spent trillions of yen over the past month to slow its dramatic fall against the U.S. dollar. The finance ministry said it spent $62.25 billion ...
Japan confirms first currency intervention since 2022 with $62 billion in spending
Data from Japan's Ministry of Finance confirmed the country's first currency intervention since 2022, after the Japanese yen plunged to a 34-year-low in April. This is the first time that the ...
Crypto ‘re-staking’ platforms boom as traders chase bigger returns
More than $18 billion worth of cryptocurrency has moved into a new type of platform which offers investors rewards in exchange for locking up their tokens, in a complex scheme that analysts warn poses a risk for users and the crypto market.
Japan Stocks Finish Higher at Close; Nikkei 225 Rises by 1.27%
Japan’s stock market exhibited positive momentum, witnessing a notable uptick as the Nikkei 225 index surged by 1.27% by the end of the trading session. This upward trajectory was primarily buoyed by ...
Japan’s retail sales rises more than expected in April, industrial production unexpectedly fall
Japan's retail sales rises more than expected in April, while industrial production unexpectedly falls. Industrial production in Japan was down 0.1% month-over-month in April 2024, missin.
Japanese funds will unlock powerful virtuous cycle: podcast
Pushy foreigners helped boost short-term value in the Nikkei stock index. In this Exchange podcast, Hiroyuki Otsuka, CEO of Newton Investment and ex-Carlyle executive, explains how local asset managers will create the next wave of gains and usher in dramatic change for Japan.
Japan’s Nikkei ends at one-month low
TOKYO: Japan’s Nikkei share average ended lower for a third consecutive session on Thursday, tracking the headwind from a slump on Wall Street while a spike in global yields also dampened sentiment.
Dollar steadies before inflation test; yen brushes off Tokyo CPI
The dollar was licking wounds against peer currencies on Friday after a downward revision to U.S. GDP for the first quarter suggested room for rate cuts this year, while investors braced for inflation ...