Bitcoin24h $119,294.15+0.89%

Ethereum24h $3,699.62-2.90%

XRP24h $3.51-0.65%

Solana24h $199.99+4.76%

BNB24h $764.46-0.75%

Dogecoin24h $0.2653-2.76%

Cardano24h $0.8768-4.13%

TRON24h $0.3132-0.47%

Hyperliquid24h $44.84-5.29%

Stellar24h $0.4632-4.70%

Japanese man sentenced to 3 years after creating crypto ransomware with AI

In a reported legal first for Japan, the man was sentenced for abusing generative AI to create code for crypto ransomware.

Crypto crashed way harder than Japan or global markets

Amid the FX and carry trade crisis in Japan last weekend, bitcoin lost one-fifth of its value. Other crypto assets fared far worse.

Mrs. Watanabe — a community of Japanese housewives — mastered a skill that may have made them some of bitcoin’s most successful traders.

Creditors have reportedly been contacted by the Mt. Gox trustee as it continues to fulfil bitcoin and bitcoin cash repayments.

FTX Japan users’ assets will be made available via Liquid, a Japanese crypto exchange that was acquired by FTX in February 2022.