12 Jan 2023

Coinbase to Shutter Bulk of Operations in Japan

U.S.-based crypto exchange Coinbase will scale back most of its operations in Japan, according to a recent statement by the company’s vice president for business development and international, Nana Murugesan. Murugesan said in an interview Wednesday: “We’ve decided to wind down the majority of our operations in Japan, which led to

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20 Dec 2022

Japan approves long-range weapons to counter growing threats from rivals

Japan unveiled on Friday a new national security plan that will signal the country’s biggest military buildup since World War II. The buildup will double defense spending in the country in the face of growing threats from rivals in the region. In a televised address in Tokyo, Prime Minister Fumio

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13 Dec 2022

Japan to Join US Effort to Tighten Chip Exports to China

Japan and the Netherlands have agreed to join the US in tightening controls over the export of advanced chipmaking machinery to China, according to sources. The two countries are likely to announce they will adopt at least some of the measures the US rolled out in October to restrict the

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09 Dec 2022

UK, Italy and Japan team up for new fighter jet

Rishi Sunak announced a collaboration between Italy, Japan and the UK to develop a fighter jet that uses artificial intelligence. The prime minister of the UK said the venture aims to create thousands of jobs in the UK and strengthen security ties between the three countries. The jet is expected

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15 Nov 2022

FTX-owned crypto exchange Liquid halts all withdrawals

The Japanese cryptocurrency exchange Liquid is the latest company to halt withdrawals amid the ongoing crisis of centralized crypto exchanges. The FTX-owned crypto exchange Liquid took to Twitter on Nov. 15 to officially announce a suspension of fiat and crypto withdrawals on its Liquid Global platform. Addressing the reasons for

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07 Nov 2022

Japan Joins Key NATO Cyber Agency

According to a recent announcement, Japan has become the latest country to join NATO’s Cooperative Cyber Defence Centre of Excellence (CCDCOE). The move is likely to anger Moscow amid tensions regarding the war in Ukraine and recent cyberattacks. However, the move was announced roughly four years ago when former Prime

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03 Nov 2022

Pyongyang fires suspected ICBM

North Korea has fired an intercontinental ballistic missile that sparked an alert in Japan. The missile failed mid-flight and landed in the sea. There are escalating tensions in the region as there are fears that North Korea will soon conduct a nuclear test. After both South and North Korea fired

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02 Nov 2022

Osaka Hospital Halts Services After Ransomware Attack

In Osaka, Japan, a major hospital has suspended routine medical services due to a ransomware attack that has disrupted the facility’s electronic medical record systems. Emergency operations are continuing, the medical center told reporters. However, the hospital system failed earlier this week and could not be accessed. The Osaka General

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17 Oct 2022

North Korean Hacker Group Lazarus Targets Japanese Crypto Firms

The infamous North Korean hacker group Lazarus has attacked several Japanese crypto funds through phishing and social engineering, according to a joint statement by local police and the Financial Services Agency of Japan. A report by Japan News adds that some companies have had their internal systems hacked and some

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05 Oct 2022

South Korea military apologizes after failed missile launch sparks alarm

South Korea’s military has released an apology after a missile failed to launch during a joint drill with the United States, causing alarm among residents in the city of Gangneung. The residents reported hearing an explosion and witnessing a fire. The military didn’t acknowledge the incident until seven hours later,

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