$230 Million: Mt. Gox Trustee Confirms Past Bitcoin Sell-Off

Bitcoin investors who have dutifully monitored cryptocurrency wallets associated with defunct bitcoin exchange Mt. Gox for early warnings of a possible sell-off have been proven justified in their paranoia. Mt. Gox Trustee Confirms $230 Million Bitcoin Sale According to a document published on the Mt. Gox website, Nobuaki Kobayashi, the exchange operator’s trustee, sold approximately The post $230 Million: Mt. Gox Trustee Confirms Past Bitcoin Sell-Off appeared first on CCN

Read More

In a First, Japanese City Deploys Online Blockchain Voting System

The government of the Japanese city of Tsukuba has introduced an online voting system, powered by blockchain, to enable residents to vote for social development programs. The first-of-its-kind digital vote in Japan, Tsukuba will use Japan’s “My Number” system – a 12-digit social security identifier afforded to all Japanese residents – to verify voters’ credentials The post In a First, Japanese City Deploys Online Blockchain Voting System appeared first on CCN

Read More

Japanese Minister Denies Association with Cryptocurrency Firm Under Investigation

Seiko Noda, Japan’s internal affairs minister, denied having an interest in a cryptocurrency company under investigation and interfering in that investigation, according to a report in Asahi Shimbun. As a Cabinet minister, Noda could be accused of trying to influence a government investigation. Noda acknowledged that one of her aides was present at a meeting on The post Japanese Minister Denies Association with Cryptocurrency Firm Under Investigation appeared first on CCN

Read More

Japan’s 16 Licensed Cryptocurrency Exchanges Launch Self-Regulatory Body

A concentrated effort among 16 licensed Japanese cryptocurrency exchange operators to ‘restore confidence’ in the sector following the $530 million Coincheck theft in January has finally seen the launch of a self-regulatory body. In a report by Japanese news outlet Asahi Shimbun on Tuesday, sixteen cryptocurrency exchanges currently registered and licensed by the Financial Services The post Japan’s 16 Licensed Cryptocurrency Exchanges Launch Self-Regulatory Body appeared first on CCN

Read More

$33.5 Million: Monex is Buying Hacked Cryptocurrency Exchange Coincheck

Major Japanese online brokerage has confirmed its foray into the cryptocurrency sector by announcing its acquisition of Tokyo-based exchange Coincheck for ¥3.6 billion ($33.5 million). In an announcement on Friday, Monex confirmed it will acquire 100% of all 1,775,267 shares at a cost of ¥3,600 million yen in a share acquisition agreement signed today. The The post $33.5 Million: Monex is Buying Hacked Cryptocurrency Exchange Coincheck appeared first on CCN

Read More