Crypto News

Japanese Bitcoin Exchange Coincheck that Lost $500M to Receive Full Licensing By End of Year

Advertisement Readers may recall the January hack that cost Coincheck over $ 500 million. The largest theft in cryptocurrency history, the hack saw the exploitation of a vulnerability in the exchange’s security system and culminated in the loss of more than 500 million. New Economy Movement tokens, each worth over $ 1. As CCN’s Josiah Wilmoth […]

Bitcoin

BitPesa Partners with Japanese Insurance Company to Digitize Remittance Service

Tokyo-based insurance company Sompo Holdings has partnered with BitPesa to promote digitization of its international remittance service. The news comes weeks after another Japanese player, money transfer firm SBI Remit, teamed up with the blockchain company to bring distributed ledger to transactions between Japan and African countries. Japanese Sompo Holdings Follows SBI Remit in Partnership […]

Altcoins

Omise Bags Japanese Investment to Support its Blockchain PayPal Alternative

Japanese venture capital firm Global Brains has invested an undisclosed sum into Omise Holdings, a Thailand-based FinTech service provider, the companies announced in a press release. Global Expansion The investment, which is also led by 31VENTURES, a venture capitalist arm of Mitsui Fudosan, one of the largest real-estate developers in the country, and returning Indonesian venture […]

Altcoins

Japanese Tech Firm GMO Releases ‘Free’ Zcash Mining Software

Advertisement Japanese tech firm GMO is expanding its nascent cryptocurrency mining operation beyond bitcoin through the release of a software client designed to mine zcash and other Equihash-based cryptocurrencies using general-purpose GPU chips. Japanese Firm Releases Zcash Mining Software Dubbed Cryptoknocker, the software has specifically been developed for mining rigs composed of Nvidia graphics cards […]

Altcoins

Japanese Giant SBI Plans Crypto Token ‘S Coin’ for Mobile Retail Payments

Advertisement Japanese banking giant SBI Holdings has unveiled plans to launch “S Coin”, a cryptocurrency token for mobile retail payments. Announcing the news in a statement on Tuesday, SBI revealed that the proposed coin, which is the product of a partnership with DLT provider Orb and Glory Corporation, will begin a trial run from October 2018 […]