Asia


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Hong Kong's MyCoin Disappears With Up To $387 Million, Reports Claim

Hong Kong bitcoin exchange MyCoin has shut its doors, taking with it as much as HK$3bn ($386.9m) in investor funds, reports say.

Bitcoin theft

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New Exchange Protects User Funds with Segregated Bank Accounts

New Hong Kong exchange Gatecoin is targeting international customers with segregated bank accounts in 40 countries.

Hong Kong skyline

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BitFlyer Raises $1.1 Million from First-Time Japanese Bitcoin Investors

Bitcoin services firm bitFlyer has secured a $1.1m funding round to expand overseas, bringing its total to $2.93m.

Japan, Yen

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OKCoin CEO Star Xu: Bitcoin’s Price Depends on User Growth

CoinDesk speaks to OKCoin CEO Star Xu about his leading BTC/CNY exchange's new push to promote "real bitcoin use" in China and abroad.

OKCoin, Star Xu

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Bitcoin to Feature at Rakuten's First Financial Conference

Multi-billion-dollar retailer Rakuten is including a panel of bitcoin industry representatives at its first financial conference next month.

Tokyo, Japan

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Singapore Government Sponsors Bitcoin Firm to Attend SXSW Event

Singapore-based bitcoin firm CoinPip will attend South by Southwest in the US in March, thanks to sponsorship from a government agency.

South by Southwest SXSW

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Coinplug to Roll Out World's Biggest Convenience Store Bitcoin Scheme

South Korean firm Coinplug is selling physical bitcoin cards at 8,000 7-Eleven stores, with plans to expand to 24,000 stores nationwide soon.

okBitcards Coinplug Korea

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New Bitcoin Embassies in Asia Bring World Total to 17

New bitcoin advocacy centres in South Korea and Japan aim to enlighten both enthusiasts and the general public about the digital currency.

Bitcoin Embassy Seoul

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What It Took to Bring Bitcoin to 5,000 Taiwan Convenience Stores

Participants in Taiwan's large-scale convenience store bitcoin project have spoken to CoinDesk about the hurdles they faced.

Taiwan street scene

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Missing Mt Gox Bitcoins Likely an Inside Job, Say Japanese Police

The disappearance of 650,000 BTC from Mt Gox was due to internal system irregularities and not external attacks, reports a Japanese newspaper.

Japanese newspaper readers began the year with bitcoin as front-page news