Binance USD market capitalization drops by $2 billion in a month The market capitalization of the crypto asset (virtual currency) exchange Binance stablecoin “Binance USD (BUSD)” continues to decline. According to CoinGecko, the market cap of Binance USD fell to $15.4 billion on Jan. 25, a decline of $1 billion in a week and $2 […]
US circle company accuses SEC of being responsible for derailment of SPAC stock listing plan Merger Registration Notification Not Validated Circle, which operates the stablecoin USDC, has failed to list on the stock market through a special purpose acquisition company (SPAC) due to the inaction of the US Securities and Exchange Commission (SEC). He blamed
Bitbank starts handling The Sandbox (SAND) Bitbank, a crypto asset exchange, has announced that it has started handling The Sandbox (SAND) from January 25. SAND is a user-driven gaming platform based on Ethereum blockchain technology that can be used for governance voting to determine the policy of purchasing, staking, and game operations on The Sandbox.
Revision of stablecoin guidelines, opinions of experts and lawyers Video content introduction For this CONNECTV, we invited Noritaka Okabe, CEO of JPYC, and Kazuki Ochiai, a lawyer at TMI Sogo Law Office, to discuss the newly revised stablecoin guidelines from the perspective of experts and lawyers. I asked him if he was there. Video table
ImmutableX to develop high-quality game “Search for Animera” Building AAA titles with ImmutableX Ethereum’s L2 scaling solution ImmutableX (IMX) announced on the 23rd about the development plan of the high-quality MMORPG game “Search for Animera”. The blockchain game “Search for Animera” currently under construction is a SF-based MMORPG (massively multiplayer online role-playing game) set in
Deloitte and others to launch creator support platforms in the Web3 era Support creators with Web3 Visual Voice Co., Ltd. and Deloitte Tohmatsu Consulting LLC of the Deloitte Tohmatsu Group announced on the 25th that they will start offering a creator support platform for the Web3 era this spring. We plan to start providing it
where we can expect technology fields such as AI Advances in AI and fusion between technologies On the 23rd, major US hedge fund ARK Invest (hereinafter referred to as ARK) suggested the possibility that the US Federal Reserve Board (FRB) would change its interest rate policy and lower interest rates regarding the outlook for the
BlockFi to sell 20 billion yen worth of bitcoin mining machine BlockFi Sells Loan Bonds It was revealed on the 24th that BlockFi, a crypto asset (virtual currency) lending service company that is undergoing bankruptcy proceedings, is proceeding with the sale of 20 billion yen ($160 million) in loan receivables. The deadline for competitive bidding,
Ethereum becomes a deflationary asset again Ethereum (ETH) is once again a deflationary asset as the market rebounds. According to ultrasound.money data, Ethereum’s net issuance rate, or annualized inflation rate, has fallen to -0.07%. This means that the amount of Ethereum that is burned exceeds the amount of Ethereum that is issued. Marcus Sotiriou, a
Mr. Buterin proposes stealth address Ethereum blockchain co-founder Vitalik Buterin updated his blog over the weekend, proposing a “stealth address system” to better protect the privacy of blockchain users. Ensuring privacy remains a major challenge for the ecosystem, and “improving this state of affairs is an important issue,” he said. Stealth addresses are generated by
Crypto Asset Risk Weight The proposed “Basel III finalization” rules to revise bank capital adequacy regulations include the application of a maximum risk weight of 1,250% to crypto assets (virtual currency) held by banks in the EU (European Union). A bill has been submitted. The aim is to align the capital requirements of European banks
