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Another Cryptocurrency Exchange Hack Hits Japan [UPDATED]

Amy Castor -
The hacker siphoned off 4.5 billion yen from user accounts and 2.2 billion yen from the company’s own assets. The three virtual currencies stolen include bitcoin, monacoin and bitcoin cash.
MARKETS

Huobi Enters Japanese Market With BitTrade Acquisition

Jimmy Aki -
Huobi Japan Holding Ltd. has acquired a majority stake in Japanese cryptocurrency exchange BitTrade, marking the top-three exchange’s formal entry into the Japanese market.
BUSINESS

Creditors of Defunct Cryptocurrency Exchange Mt. Gox Can Now File Claims

Jimmy Aki -
Creditors of Mt. Gox, the defunct cryptocurrency exchange, can now start submitting proofs of claim in a newly approved rehabilitation process.
CULTURE

Mt. Gox Creditors May Be Reimbursed in Bitcoin Under Civil Rehabilitation

Shawn Gordon -
All creditors must file a proof-of-claim form by October 22, 2018, even those who filed a claim during the criminal bankruptcy.
BUSINESS

Crypto Exchange Huobi Quietly Opens Office in Brazil and Starts Hiring

Amy Castor -
According to reports, Huobi has already set up offices in a coworking space in São Paulo and is hiring staff.
BUSINESS

How Japan Is Creating a Template for Cryptocurrency Regulation

Amy Castor -
By giving clarity to an industry that has long operated with little or no oversight, Japan is setting the stage for a future when cryptocurrencies will play a larger role.
BUSINESS

GlobalData: South Korea Among the World’s Leading Markets for Blockchain Technology

Nick Marinoff -
The blockchain is widely considered to be one of the most revolutionary forms of technology in modern society. While it is typically used for...
BUSINESS

EOS Hype Builds as Over 50 Candidates Vie for 21 Supernodes

Aaron Van Wirdum And Colin Harper -
A mixture of big and little fish, the candidate pool includes upward of 50 different blockchain organizations.
BUSINESS

Japanese Cryptocurrency Exchange Coincheck Accepts Monex Takeover Bid

Amy Castor -
Along with the new management, Coincheck will receive an influx of fresh capital in the form of “several billion Japanese Yen” from Monex.
BUSINESS

Two More Japanese Exchanges Shutter Their Businesses

Amy Castor -
Tokyo GateWay and Mr. Exchange are withdrawing their applications to register as cryptocurrency exchange operators in Japan.
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