Cryptocurrencies

Crypto
Japan's crypto exchanges seek redemption after hacking scandals
A year after cryptocurrency exchange Coincheck suffered the worst hacking incident in the history of the industry, its founder, Koichiro Wada, attended a news conference to reassure the public that the startup had learned from the experience. But the 28-year-old engineer wasn't the one doing the talking.
Bitcoin suffers worst week of year as regulatory challenges mount

Bitcoin suffered its biggest weekly loss for the year amid a string of regulatory setbacks, posing fresh challenges in broadening the appeal of cryptocurrencies. 

The price of bitcoin fell to $3,447 on Sunday, its lowest level since last September, according to CoinDesk, bringing the fall for the week to 30%, its biggest seven-day slide this year.  On Monday, it pared back some of the losses, trading at around $4,000 by afternoon trading in Tokyo, less than half the $8,400 achieved in July.