more on this issue and the unfolding developments behind coincheck, i am joined by mariko 0i.started? it has actually. i was just looking at twitter. some of the users saying they have started to receive money. that is only the japanese yen and not cryptocurrency. not because of their falling not cryptocurrency. not because of theirfalling prices. some of them are not happy. they are basically sitting on huge losses, ballooning losses, if you like. this theft has highlighted how vulnerable the exchanges. it shocked the nation which are so far embraced cryptocurrencies, unlike neighbours like south korea and china which have been cracking down on. last year, japan became the first country to nationally regulate these exchanges. so far there have been 16 others awaiting clearance. since this pack two weeks ago the regulator has been looking into all these exchanges and coincheck has to submit by the end of the day to show how to improve security. more transparency. but we have seen every falling cryptocurrency since the beginning of the year. my colleague and business reporter m

do you think this coincheck situation derails taiwan? enhance regulation and oversight, but it can put a damper on the kind of innovation taiwan is trying to achieve, at least another breed of lawmaker that is trained to facilitate this revolution through that innovation act they did pass in december. this whole story in japan blew up just as i was wrapping up my reporting, and boy did i get a lot of messages from the various people i did talk about. they were wondering how this was going to play out, because keep in mind, the cautionary tale for taiwan has always been what is happening in china with the fraud? japan was always looked upon as being the model for which to build a cryptocurrency hub in asia. emily: taiwan has a lot of advantages. there has been a lot of processing power on the island. how can we see them exploit these advantages? what about bitcoin mining? stephen: that was a question recently put. it needs a lot of power. this was a big concern of some of the lawmakers. taiwan can do a few things really well, but after th

the japan times reports on the fallout from a recent hacking of the cryptocurrency exchange coincheck the digital money have filed a lawsuit in tokyo against coincheck for reimbursement of their money plus interest, and the lawyers say about a thousand more people want to do the same. gulf news looks at a possible distraction for drivers in the united arab emirates, a road—side gallery. motorists driving from dubai to abu dhabi will be able to see ten billboards with pictures of artworks at the louvre abu dhabi, and tune into a radio channel to hear 30—second lesson on each piece. and the financial times has a look at sticker rules in london planned for driver hours, that could hit ride—hailing apps like uber. london's transport authority says all private car companies will be compelled to hand over data on driver working hours, in a move the paper says that's seen as specifically aimed at uber. and the shooting in florida is bucking a lot of discussion online? yes and a lot of it is calling out american politicians. a screenwriter who writes forjimmy kimmel has been singling out sena

the japanese cryptocurrency exchange coincheck filed a report with the uk financial services authorityeuters reports. it involves the hack of its system that snapped up more than half a billion dollars worth of digital money. a group of crypto traders is filing a suit in japan over coincheck's freezing of digital currency withdrawals arjun is in dubai. i believe you have a special guest with you >> i do i have the pleasure of being joined by will.i.am who is here to talk all things tech you're here to talk about ai and some technologies transforming the world today. how big a deal is ai going to be in the future? >> ai is like what the internet was in 1987 and beyond imagine what people thought the internet would be in 1987 to what it is today no one thought that uber would help solve social issues in new york with cab drivers not stopping for african-american. uber says that person is not african-american, that person is data you don't need a security barrier because we won't exchange in cash imagine the jobs created with ai, with the hopes that it's going to solve humanity's problems

as our correspondent stephen engle reports, the best of half $1 billion from the coincheck exchange inquestions about fraud. -- in japan is raising questions about fraud. >> the 23 brew company in taipei is at the intersection of old versus new. in a micro way, it is an establishment that is challenging the establishment. at least the established way of buying around. patrons can come if they desire, pay for their microbrew pines -- points with that going. >> we want to support bitcoin and kickstart that in taiwan, give power back to the people. >> in light of the heist in japan and crackdowns in japan and china, taiwan is trying to figure out where it stands think -- on cryptocurrencies. should the government and regulators suppress the market or set it free? a broker believes taiwan's state of statelessness works to its advantage. >> this awkward position that taiwan finds itself in is not a -- is not unlike the awkward position that bitcoin finds itself in in the established banking world. i like it to be known as the r.o.c.. it is the republic of cryptography. >> we should take adv

starting today, japanese cryptocurrency exchange coincheck will allow customers to withdraw money fromust over two weeks ago, the exchange abruptly announced the suspension of a number of services after hackers stole $530 million worth of digital money. a bbc study has found that a quarter of property in england and wales owned by overseas firms is held by entities registered in the british virgin islands. 23,000 properties are owned by nearly 12,000 firms registered in the overseas territory — that's more than any other country. india's tata steel says it will invest over $100 million to repair a blast furnace at britain's largest steelworks in port talbot, in south wales. the move would extend its life by seven years and ease concerns about tata's commitment to making steel in europe. it comes after the firm signed a preliminary deal to merge its european steel assets with thyssenkrupp. let's stay with manufacturing, this time in asia. general motors is to shut one of its four plants in south korea as it tries to make its asian business more profitable. the plant — which was only run

japan's financial regulator has raided the offices of the crypto—currency exchange coincheck.ystems following last week's cyber attack which saw the firm lose more than $500 million of virtual assets. the regulator said security gaps in coincheck‘s systems were among the reasons it didn't have approval to operate. shares in the toymaker mattel have fallen sharply after it reported a surprise loss of $252 million in the last three months of 2017 which includes the all—important holiday season. sales of its best known brand barbie were up. however, overall sales fell because of children's growing preference for video games and electronics over traditional toys. europe's biggest investment bank deutsche bank has reported a loss of almost $1.7 billion in the last three months of last year. the bank says it was heavily affected by donald trump's us tax reforms and actually made a pre—tax profit of more than $1.6 billion for the year as a whole. it's been trying to restructure itself after years of losses. the british prime minister is concluding her three—day visit to china where t

just recently in japan with coincheck losing i think they announcer $538 million worth of coin. yeah, so you know, clearly these folks are not doing everything they need to be doing in terms of protecting your currency, your cryptocurrency. rosemary: and unlike real money that's in a bank, it's fdic insured. i mean, if your--if a scammer or a hacker gets your bitcoin, it's gone. ben: right. and even if you lose your own key. so, this is involving public and private key cryptography. and if you lose your keys, it's gone. rosemary: all right, so jim, will people embrace cryptocurrency more, less? i mean, what do you see happening? jim: you know, it's really on a case by case basis. in japan, for example, bitcoin is completely legal. in china, they've had bitcoin for awhile. they're really started to slow down the availability of that platform. in the us, we're sort of in this wild west stage. it's a frontier investment. there's little or no oversight at this point, but it's still a gold rush. rosemary: ben goodman, the founder and ceo of 4a security and compliance, thanks for bein

starting today, japanese cryptocurrency exchange coincheck will allow customers to withdraw money fromion of a number of services after hackers stole £381 million worth of digital money. more first—time buyers took out mortgages in 2017 than in any year since the financial crisis. there were 365,000 first—time buyers in the uk, the highest number since 2006 and up 7.4% on the year before. but the growth is expected to slow this year with the buy—to—let market also "less buoyant". one of the uk's largest industry exhibitions is issuing a new code of conduct over the use of "promo girls". last year, uk construction week, held at birmingham's nec, faced criticism over the use of scantily clad women to staff an exhibitor‘s stall. it featured las vegas—style showgirls selling roofing products. it's part of a growing backlash against the use of promotional staff to sell products, including so—called grid girls at formula one. let's look at the markets instead of pictures of grooves. the dax is down, a fairly restful day on the markets. the euro against the pound at 88, almost 89 cents. that'

coincheck was hacked for almost $500 million in digital tokens. is still reverberating through cryptocurrency markets. the boj has been subdued when it comes to this craze in cryptocurrencies, but tell us about the boj's position at this point. >> regulations in japan happened -- regulations in japan have been forward looking. japan was one of the first to actually adopt rules for the use of bitcoin, and even taxation rules back last year. this will most likely make authorities take another hard look at whether those rules are actually going to work. scarlet: cryptocurrencies are plunging along with many assets, but bloomberg reported u.s. regulators are scrutinizing a virtual currency venue and a company that issues a widely traded coin. when it comes to tether, this company issues a coin pegged to -- coin pegged to the u.s. dollar, so what are the concerns surrounding tether? >> as the peg implies, for every tether created, there should be a dollar in the bank account controlled by the company. they have issued more than 2.3 billion tethers now,

a week and a half ago, hackers stole $130 million from a japanese cryptocurrency exchange called coinchecksouth korean intelligence, outside analysts say there's a good chance that was the work of kim jong-un's hackers too. and unlike the hackers of the banks, when these cryptocurrency exchanges are hacked, it's impossible to recover any of that money, because it's just not protected by banks or governments. >> pretty amazing stuff. all right, brian. thank you very much. brian today reporting. >>> coming up, breaking news. just as lawmakers try to reach a bipartisan budget agreement, the president says he'd love to see a government shutdown if immigration demands that he wants aren't met. >> without borders, we don't have a country. so would i shut it down over this issue? yes. touch is how we communicate with those we love, but when your psoriasis is bad, does it ever get in the way? embrace the chance of 100% clear skin with taltz. taltz is proven to help people with moderate to severe psoriasis achieve completely clear skin. with taltz, up to 90% of patients had a significant improvemen