In a stunning announcement made earlier today, Tokyo-based cryptocurrency exchange Coincheck revealed that the company was the victim of the largest cryptocurrency heist in history. According to a report published by Japanese newspaper Asahi Shimbun (and translated by Coindesk), the hackers made off with over 500 million NEM (XEM) tokens, worth roughly $535 million (58 […]

Is bitcoin finally gaining traction in Japan? Even before the collapse of Mt.Gox, the country has been equal parts skeptical and disinterested in the cryptocurrency concept. In June, the country’s ruling party issued a statement claiming that there was no need to create bitcoin regulation, referring to the Japanese bitcoin industry as a “sprout.” If […]