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Japanese Crypto Exchange Falls Victim To $60M Hack, BTC, BCH, MONA Stolen

$60M Disappears From A Crypto Exchange Wallet Japan’s Zaif crypto exchange and its parent company, Tech Bureau Inc, revealed via a post-mortem press release that it fell victim to a security breach on Wednesday, despite the fact that the apparent hack occurred on Friday, September 14th. In the aforementioned release, the crypto exchange highlighted the unfortunate event, outlining […]

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Japan’s GDP Grows Due to Bitcoin Wealth Effect

Analysts Yoshiyuki Suimon and Kazuki Miyamoto claim bitcoin will assist Japan in a Gross Domestic Product (GDP) boost of 0.3% heading into the first three months of 2018. At the end of 2017, the cryptocurrency boasted a ¥12 trillion market capitalization, and if trends continue into early this year, that could translate into lifting Japanese […]

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Japanese company to start paying employees in bitcoin

A Japanese company will start paying part of its employees’ salaries in Bitcoin, as it aims to gain better understanding of the virtual currency, a spokeswoman has said. GMO Internet, which operates a range of web-related businesses including finance, online advertising and internet infrastructure, will start paying up to 100,000 yen (£660/$890) monthly by Bitcoin […]