Category: Japanese
-
Japanese Exchange DMM Bitcoin Hacked for Over $300 Million in BTC
•
Today, major Japanese cryptocurrency exchange DMM Bitcoin reported a major security breach that resulted in the loss of 4,502.9 BTC, currently valued at over $300 million. The incident occurred at approximately 1:26 pm and involved unauthorized access to the exchange’s wallet. In an official statement, DMM Bitcoin said that measures…
-
Hedge funds play a weak Japanese yen By Reuters
•
Written by Neil McKenzie LONDON (Reuters) – Pressure on Japan to support a weak yen may have eased, but the currency’s weakness remains a headache for Tokyo. The yen has fallen 9.4% against the dollar so far this year, and appears poised for a fourth year of declines. This has…
-
This Public Japanese Firm Has Added Bitcoin as Its Reserve Asset
•
Bitcoin has continued to gain mainstream adoption, as major corporations and industry leaders incorporate the digital asset into their long-term financial strategies. Metaplanet, a Japanese investment and advisory firm listed on the Tokyo Stock Exchange, is the latest company to make such a remarkable move. Metaplanet makes reserve assets for…
-
Asia FX muted, Japanese yen pauses losses after BOJ warning By Investing.com
•
Investing.com — Most Asian currencies moved in a flat-to-low range on Thursday as markets sought more signals on U.S. interest rates from Federal Reserve officials and upcoming inflation data. The Japanese yen saw some resilience, with the pair pausing its recent decline following somewhat hawkish comments from the Bank of…
-
Japanese yen rises, USDJPY hits 3-week low on suspected intervention By Investing.com
•
Investing.com — The Japanese yen rose on Friday, with the USD/JPY pair hitting a three-week low after sharp declines this week that traders largely attributed to government intervention. The pair, which measures the amount of yen needed to buy one dollar, was trading 0.2% higher at 153.34 yen. It had…
-
Volatile Japanese yen movements suggest intervention; here’s how we can confirm By Investing.com
•
Investing.com – The Japanese yen has seen some volatile trading this week, raising speculation that the country’s authorities have intervened to try and stem its seemingly relentless decline. Here’s how we can confirm the intervention. At 11:15 ET (15:15 GMT), the pair traded 0.7% higher at ¥157.37, after climbing as…