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South Korea Switches Off Propaganda Broadcasts Into the North

April 23, 2018 |

South Korea’s Defense Ministry halted propaganda broadcasts across its heavily guarded border with North Korea, a move it said was a show of good faith ahead of a major summit later this week.
WSJ.com: What’s News Asia

TMZ

Kendall Jenner Putting Work Into Beverly Hills Home

April 23, 2018 |

Kendall Jenner’s renovating her Beverly Hills home to give it her own special touch — possibly because Charlie Sheen used to live there … or she wants to flip it like a pro. According to L.A. City docs … Kendall got permits back in…

TMZ.com

‘Black Panther’ in Saudi Arabia? Hollywood Sweeps Into Islamic Kingdom

April 17, 2018 |

When moviegoers in Riyadh take their seats to watch a screening of Walt Disney’s “Black Panther” on Wednesday it will be the first time a Hollywood movie has played in a theater in Saudi Arabia in 35 years.
WSJ.com: US Business

Yahoo! Japan Confirms Entrance Into the Crypto Space

April 14, 2018 |

Yahoo! Japan Confirms Entrance Into the Crypto Space

Yahoo! Japan has confirmed that it is entering the crypto space by acquiring a stake in a Japanese cryptocurrency exchange that is already licensed by the country’s financial regulator. The company plans to launch a crypto exchange in the fall of this year.

Also read: Japan’s DMM Bitcoin Exchange Opens for Business With 7 Cryptocurrencies

Yahoo! Enters the Crypto Space

Yahoo! Japan Confirms Entrance Into the Crypto SpaceYahoo! Japan Corporation (TYO: 4689) announced on Friday that it is entering the cryptocurrency space. The company expects to launch an “easy-to-use exchange” for cryptocurrencies in the fall of this year, Nikkei elaborated.

Founded in January 1996 as a joint venture between Yahoo! and Japanese multinational conglomerate Softbank, Yahoo! Japan continues to dominate the Japanese internet industry while Yahoo! has been declining in popularity since the late 2000s.

Yahoo! Japan Confirms Entrance Into the Crypto SpaceThrough its wholly owned subsidiary Z Corporation, Yahoo! Japan confirmed the purchase of a 40 percent stake in a crypto exchange called Bitarg Exchange Tokyo Co. Ltd. A person familiar with the matter said that the deal is likely to “total 2 billion to 3 billion yen ($ 18.6 million to $ 27.9 million),” Reuters reported. The remaining 60% is still owned by CMD Lab, the parent company of Bitarg.

“We decided to expand the virtual currency business by collaborating with Z Corporation,” CMD Lab Representative Director Yoon Hee Yuan confirmed.

A Stake in a Licensed Exchange

Last month, Bitarg denied reports of Yahoo! Japan’s investment in the company, stating that many possibilities were being explored. However, Bitarg posted a notice on its website on Friday, stating:

Today, the company decided to accept capital participation from Z Corporation…the company will be able to utilize the service operation and security expertise of the Yahoo Japan Group, which will make it easier for customers, [in order] to prepare for the start of the exchange service managed by the company and to improve the operation after the commencement.

Yahoo! Japan Confirms Entrance Into the Crypto SpaceBitarg was established in May of last year. However, the exchange temporarily suspended its service in August 2017, according to Business Insider Japan. The company received a license from the Financial Services Agency (FSA) to trade bitcoin (BTC) in December of last year. According to the news outlet, the exchange service has not resumed as of April 13.

In a recent interview with Sankei, Yahoo! Japan Vice President Kentaro Kawabe explained:

The FSA is stating that [their] review will be tightened for new registrations of virtual currency exchanges, and it will be difficult to enter [the space] without [the] acquisition [of existing exchanges].

The FSA has been inspecting all cryptocurrency exchanges in the country and actively issuing business improvement and business suspension orders, following the hack of Coincheck. Six companies have already withdrawn their applications to operate crypto exchanges in the country.

What do you think of Yahoo! Japan entering the crypto space? Let us know in the comments section below.


Images courtesy of Shutterstock, Bitarg, CMD Lab, and Yahoo! Japan.


Need to calculate your bitcoin holdings? Check our tools section.

The post Yahoo! Japan Confirms Entrance Into the Crypto Space appeared first on Bitcoin News.

Bitcoin News

SUV that fell into river belonged to missing family, officials determine

April 13, 2018 |

Recovered vehicle debris and personal items confirm that an SUV seen plunging into a storm-swollen Northern California river belonged to a family that disappeared last week in the same county as the Hart family, authorities said Thursday.
FOX News

CBS’s NCIS Los Angeles Weaves Stolen Bitcoin Into Script, LL Cool J Is on the Case

April 13, 2018 |

$  10 Million in Bitcoin Stolen, LL Cool J is on the Case

Bitcoin’s ubiquity is almost sealed, as more and more entertainment shows weave the world’s most popular cryptocurrency into plotlines. A current example is CBS’s NCIS Los Angeles, starring LL Cool J and Chris O’Donnell, where the digital asset plays a leading role. $ 10 million of it are stolen from a mining farm, and agents are dispatched. The episode, “Outside the Lines,” will air Sunday, 22nd April, 9pm (ET/PT).  

Also read: Coinsecure India Down After $ 3 Million in Bitcoin Missing

LL Cool J Sets Out to Find $ 10 Million Worth of Stolen Bitcoin

Naval Criminal Investigative Service (NCIS) Los Angeles combines everything Americans adore: military, cops, true-ish crime, and glamor. The series, now in its 9th season, is a spinoff, focusing on a branch inside NCIS, the Office of Special Projects (OSP). It’s an elite division with a charter for counter-terrorism. Much of the show involves undercover operations as a result.

$  10 Million in Bitcoin Stolen, LL Cool J is on the Case
LL Cool J

Chris O’Donnell (Special Agent G. Callen) and LL Cool J (Special Agent Sam Hanna) are the marquee names, and work together. Mr. O’Donnell, 47, is perhaps best known for his role as Dick Grayson/Robin in the mid 1990s cinematic versions of the Batman franchise. Here, he’s leader of the OSP. LL Cool J, 50, made his name as an East Coast rapper in the 1980s with songs such as “I Need Love” and the early 90s smash, “Mama Said Knock You Out.” For the last nine years, his main role has been as a former Sea Air and Land Team (SEAL) member, and an Iraq/Afghanistan veteran, working under Mr. O’Donnell’s character.

“Outside the Lines,” episode 9.19 (the series’ 211th), broadcasts on Sunday, 22 April, 9pm (ET/PT) on CBS, was written by Joseph C. Wilson (JAG, NCIS). It follows characters Harley Hidoko (Andrea Bordeaux) and Sam (LL Cool J). A rather hefty theft involving a cryptocurrency mining farm of more than $ 10 million worth of bitcoin is the episode’s central theme. Hidoko embraces the task, as she is new to Los Angeles, and chances are criminals would not be able to identify her. Sam, on the other hand, cannot be so sure about his identity, as he’s worked the area for years. There is a real chance any undercover operation would be compromised by him.

$  10 Million in Bitcoin Stolen, LL Cool J is on the Case

Every Year, More Bitcoin Recognition in Pop Culture

As good soldiers, no matter what happens, even if Sam is discovered or captured, Hidoko knows she must continue the mission: recover millions in bitcoin. Still, they’re also taught to never leave a man behind. Thus, the probable tension.

This, of course, isn’t the first time bitcoin’s been on television. In 2016, Mr. Robot and CSI Cyber also used the idea. Last year, online service Crackle had it as a recurring theme in its show, Startup. At the end of last year, insanely popular situation comedy The Big Bang Theory also featured a bitcoin theme. This year, daytime talk show queen Ellen DeGeneres dedicated a funny segment to it, as did John Oliver.

Do you make it a point to watch shows that feature bitcoin? Let us know in the comments section below.


Images courtesy of Shutterstock, NCIS Los Angeles 


Need to calculate your bitcoin holdings? Check our tools section.

The post CBS’s NCIS Los Angeles Weaves Stolen Bitcoin Into Script, LL Cool J Is on the Case appeared first on Bitcoin News.

Bitcoin News

Billionaire seeks to split California into 3 states

April 13, 2018 |

A billionaire says he has enough support to ask Californians if they want to divide the nation’s most populous state into three states.
FOX News

SUV that into river belonged to missing family, officials determine

April 13, 2018 |

Recovered vehicle debris and personal items confirm that an SUV seen plunging into a storm-swollen Northern California river belonged to a family that disappeared last week in the same county as the Hart family, authorities said Thursday.
FOX News

TMZ

Khloe Kardashian Will Let Tristan Thompson Into Delivery Room

April 12, 2018 |

Khloe Kardashian won’t let Tristan Thompson’s cheating ways deny him of the opportunity to witness the birth of his daughter … TMZ has learned. Sources familiar with the situation tell us Khloe’s devastated by the recent revelations, but…

TMZ.com

Chinese Investment Into the U.S. Fell Sharply in 2017

April 10, 2018 |

After climbing for much of the past two decades, Chinese investment into the U.S. dropped by 36% last year as Beijing imposed capital controls and Washington increased scrutiny of incoming deals.
WSJ.com: What’s News Asia