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Japan
Japanese Exchange Liquid Global Hacked, $90M in Crypto Potentially Stolen
Leading Japanese crypto exchange Liquid Global has reportedly been hacked and has suspended deposits and withdrawals. While the total amount stolen is yet to be determined, the value taken could be upward of $90 million. "The Hash" squad discusses the key takeaways from the latest blow to the crypto industry and what this could signal about the future of centralized exchanges.
Japan's Liquid Global Exchange Hacked; $90M in Crypto Siphoned Off
While the total amount stolen is yet to be determined, the value taken could be upward of $90 million.
Coinbase Names Mitsubishi UFJ as Banking Partner in Japan
Mitsubishi UFJ Financial Group will provide Coinbase's Japanese customers access to the exchange via its MUFG Quick Deposit product.
China Maintains Crypto Market Pressure, J-Pop Stars Offer NFT Advice
China’s central bank to maintain pressure on the crypto market. China clarifies the legal validity of blockchain evidence, and J-Pop’s “Cryptocurrency Girls” offer NFT advice. We’ll have more on that story and other news shaping the cryptocurrency and blockchain world in this episode of "The Daily Forkast."
Think Tank Rand Says Crypto Should Be Included in US-Japan Digital Trade Deal
It may be the time to reconsider the exclusion of crypto in the 2019 agreement, according to experts from the Rand Corporation.
Monex Nets $100M First-Quarter Profit Driven by Crypto Trading
Coincheck, one of Japan's largest crypto exchanges, banked its parent 9 billion yen (US$82 million).
Ripple On-Demand Liquidity Corridor Opens Between Japan and Philippines
It marks a significant step for Ripple looking to cut in a slice of the $1.8 billion in yearly remittances from Japan to the Philippines.
Japan Increasing Efforts to Regulate Digital Currency: Report
The move is a sign of increasing concern that new forms of private money could disrupt Japan's financial system.
4 Arrested in Japan for Allegedly Cheating $54M From Thousands of Investors: Report
Investors say the men ran a crypto scheme known as the "Oz Project," which purported to automatically trade through the use of AI.
Japan's CBDC to Get a Clearer Picture by 2022, Says Government Official: Report
The official also said more details on the CBDC's design may kick up a debate on how its issuance could impact financial institutions.
