A group of hackers attacked the Japanese exchange Zaif and stole about $60 million, according to the Japan Times. Of the stolen funds, almost 40 million dollars in bitcoins and other cryptocurrencies were deposits of the clients of the exchange. Tech Bureau, the operator of the exchange, suspended operations on the exchange and said that all clients would be compensated for all losses. Employees of the financial agency of Japan will check the circumstances of the incident, the description of which should be received from Tech Bureau. In Japan, cryptocurrency was recognized as an official settlement facility in 2017 by a special law on the cryptocurrency.
European shares traded lower earlier on Thursday after underwhelming earnings reports dampened a U.S. Fed vow to continue rolling out stimulus plans in a bid to soften the economic blow of the COVID-19 pandemic. The pan-European STOXX lost ...
Oil prices climbed on Wednesday after U.S. crude inventories fell against analysts’ expectations, prompting a boost in the market amid the coronavirus resurgence. Brent crude futures gained 0.3%, or 14 cents, at $43.36 per barrel. U.S. ...
Britain on Wednesday signed a supply deal for up to 60 million doses of a possible COVID-19 vaccine that is being developed by pharmaceutical companies GlaxoSmithKline (GSK) and Sanofi. The financial details of the agreement were not disclosed. However, ...
On Monday, Deutsche Bundesbank’s President Jens Weidmann said in a newspaper interview that Germany would toughen its auditing and accounting regulations to prevent another scam like the Wirecard scandal. Wirecard AG (WDI), a financial ...
European shares fell earlier on Monday, weighed down by travel stocks after the U.K. placed a quarantine on travelers from Spain as the number of COVID-19 cases continue to surge. The pan-European STOXX index lost 0.5% at 0718 GMT. Meanwhile, ...