SkyBridge, a major US venture capital, fell 39% last year: report SkyBridge’s 22-year operational performance A Bloomberg report on the 27th revealed that the core fund of SkyBridge Capital, a major US hedge fund that also has exposure to crypto assets (virtual currency), had a minus 39% performance in 2022. “SkyBridge Multi-Adviser Hedge Fund Portfolios” […]
U.S. Department of Justice asks ex-FTX Sam to ban online contact with witnesses Request to ban the use of messenger apps The U.S. Department of Justice has asked a federal district judge to ban Sam Bankman-Fried, former CEO of cryptocurrency exchange FTX, from contacting employees. It is said that there is a possibility that it
Detailed explanation of the FAQ overview related to “NFT tax” of the National Tax Agency Contribution by Professor Ayaya Izumi On January 13, 2020, the National Tax Agency website published the “Tax Treatment of NFTs (FAQ)”. The content is more in-depth than Tax Answer No.1525-2 “Taxation related to transactions using NFT and FT”, and there
US Bankruptcy Court Approves BlockFi’s Employee Retention Program Compensation programs for employee retention The New Jersey bankruptcy court approved an employee retention program for BlockFi, a crypto asset (virtual currency) lending service that is undergoing bankruptcy proceedings, on the 28th. BlockFi can now offer bonuses to remaining senior employees. Judge Michael Kaplan said the move
Binance Removes 5 Currency Pairs Continue pair abolition Major crypto asset (virtual currency) exchange Binance announced on the 27th that it will stop trading some currency pairs. From 12:00 on January 27, Japan time, five pairs of AION/BTC, ATOM/BRL, BTS/BTC, KEY/ETH, and OOKI/ETH are no longer available. However, this does not mean delisting of individual
MIYAVI participates in Oasis TOKYO × The Sandbox “Experimental Liberation Area” creator contest judge Hosted by CoincheckOasis TOKYO × The Sandbox “Experimental Liberation Zone” Creator ContestKnown as a world-famous guitarist as a judge ofMIYAVIThe participation of Mr. MIYAVI is one of the world-wide Japanese artists who just celebrated the 20th anniversary of his major debut
Bitcoin, best January since 2013 ─ American institutional investors lead Bitcoin (BTC) has had its strongest start since 2013. The price of Bitcoin, the world’s largest cryptocurrency by market capitalization, has surged 40% this month on the back of a weak US dollar. Observers said the rise was largely driven by domestic buyers. “Bitcoin is
Gaines Network, a decentralized derivatives exchange, recorded trading volume of over $1.5 billion in one month Derivatives decentralized exchange (DEX) Gains Network has recorded over $1.5 billion in trading volume in about a month after its deployment on the Arbitrum blockchain. The Gaines Network also contributed to a rise in trading volume on the Polygon
DEA’s NFT Marketplace Allows Buying With Fiat Currency Introduced fiat currency settlement to the NFT market Digital Entertainment Asset Pte. Ltd. (DEA), a global developer of the GameFi platform business, announced on the 25th that it will introduce legal currency payments on its NFT (non-fungible token) marketplace. Until now, the only payment method available was
BuzzFeed Stock Soars 119% After OpenAI Content Boost BuzzFeed Stock Soars Following a report that US digital media company BuzzFeed plans to provide content using AI (artificial intelligence) technology of US OpenAI, the company’s stock price (BZFD) rose 119% from the previous day on the 26th (US time). soared. After hitting a high of $2.45
Nike, Digital Sneaker Design Contest Nike’s NFT platform “.SWOOSH” announced on January 25 that it is looking for users to design their own sneakers. Members of the .SWOOSH community are invited to participate in a contest dubbed “#YourForce1”, where participating users post their sneaker designs on Instagram. Four people will be selected from the submitted
What Will Bitcoin Miner Selling Pressure Look Like in 2023? Analyzed by Galaxy Digital Headquarters in 2022 Galaxy Digital, a major US crypto asset (virtual currency) investment company, published an analysis report on the mining industry at the end of 2022 on the 25th. Many miners with limited funding methods are said to be in
Celsius Considers New Token Issuance to Pay Off Debt New Token “AST” for Debt Repayment Failed crypto lender Celsius Network is considering the possibility of creating new tokens to repay creditors. Bloomberg and others reported. In addition, the bankruptcy court allowed some users to withdraw funds and grant Flair tokens. The plan is subject to
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
