Japan

Japan

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Japan to Hold First Ever Trial Over Crypto Hacking Losses

An 18-year-old Japanese youth has been sent to prosecutors in the country's first ever trial involving cryptocurrency cyber-theft.

Japanese policeman

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Mt. Gox’s Mark Karpeles Found Guilty Over Data Manipulation in Tokyo Court

Former Mt. Gox CEO Mark Karpeles was found innocent of embezzlement in a Tokyo court, but received a suspended sentence for manipulating data.

Mark Karpeles

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Japanese Finance Giant Nomura Invests in Smart Contract Auditing Startup

Japan financial group Nomura has invested in Y Combinator-backed smart contract auditing startup Quantstamp.

Nomura. (charnsitr/Shutterstock)

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Crypto Money Laundering Reports Spiked in Japan Last Year, Police Say

Reports of suspicious cryptocurrency transactions in Japan soared last year, but were a tiny fraction of the overall total.

Japan policeman

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Sony, Fujitsu Aim to Make Educational Data 'Unfalsifiable' With Blockchain

The two Japanese tech giants have partnered for a trial using blockchain to provide educational records that cannot be faked.

Japanese

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SoftBank Eyes Blockchain to Solve Issues With Online Authentication

Japanese telco SoftBank is exploring blockchain tech as a way to improve upon current centralized and fragmented ID and authentication services.

softbank, bank

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Japan’s Biggest Bank Launching Blockchain Payments Network in 2020

Japanese banking giant Mitsubishi UFJ Financial Group is launching a high-throughput blockchain-based payments network next year.

MUFG (Shutterstock)

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GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Japanese IT giant GMO Internet has reported an operating loss of nearly $12 million for its crypto business in 2018, with mining worst hit.

BTC and yen

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Japan’s SBI Invests $15 Million In Crypto Card Wallet Maker Tangem

Japanese financial services giant SBI Group has invested $15 million in slimline cold wallet provider Tangem.

Tangem cold wallet card

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Digital Garage to Test Yen-Pegged Stablecoin on Blockstream Network

A Digital Garage subsidiary has partnered with blockchain tech firm Blockstream to test atomic swaps of a Japanese yen-pegged stablecoin.

bitcoin and yen