Category Archives: Japan

Japan’s Cybercrime Scene – Still Young but Not Negligible

Japan Cybercrime

Trend Micro, a security firm conducted a research with regard to the Japanese cybercrime scene.  According to their findings, the internet underground industry in the region is still pretty much in their “infancy” stage. Most cyber criminals are still learning to utilize the tools to conduct a proper cybercrime campaign. For many the rookie hackers, online message boards are the […]

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Smartcoin Operator Orb Raises 2.3 Million in Seed Funding

Orb Cryptocurrency

The Japanese cryptocurrency management platform has raised 2.3 million USD in seed funding from VCs and angel investors. A Tokyo-based startup, Orb, launched a management platform called SmartCoin. Previously known as Coinpass, it also introduced a cloud computing system that’s decentralized and leverages the Blockchain authentication tech with easier facilitation using SmartCoin. The people behind Orb are planning to distribute […]

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Bitcoin CEO, Mark Karpeles, Arrested in Japan for Financial Fraud

Mt. Gox

Japanese police had captured Mark Karpeles on Saturday. Mark Karpeles, is being held regarding the loss of bitcoins worth $387m last February. Karpeles is the CEO of the fizzled Mt. Gox Bitcoin exchange, one of the claiming he had swelled his trade account through hacking in for spendable dough, an embarrassment that severely harmed the notoriety of the virtual online […]

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