Metaplanet Arranges Loan to Buy $6.8M of BTC
The Japanese company announced its plan to adopt bitcoin as a reserve asset to hedge against the volatility of the yen in May.
Japan
Japan’s Metaplanet Wants to Buy Another $6M Bitcoin
The firm will purchase over $6.2 million worth of bitcoin using proceeds from an upcoming bond issuance, adding to its BTC coffers.
Metaplanet Discloses $1.6M BTC Purchase; Shares Jump 10%
Japanese investment firm Metaplanet has disclosed an additional bitcoin {{BTC}} purchase worth 250 million yen ($1.58 million), taking its total holdings up to 141 BTC ($9.4 million).
Crypto Exchange DMM Bitcoin to Raise $320M to Pay Back Hack Victims
Japanese exchange DMM Bitcoin outlined plans to raise $320 million to purchase bitcoin and pay back victims of last week’s hack.
Japanese Crypto Exchange DMM Bitcoin Suffers $305M Hack
Measures have been taken to prevent further unauthorized outflows, the exchange said.
Metaplanet Makes Bitcoin a Reserve Asset As Japan’s Debt Mountain Grows
The announcement comes at a time when Japan’s fiscal crisis is said to be playing out in the currency market.
Japan’s Embrace of Web3 Uncertain as Ruling Party Under Threat
Liberal Democratic Party leader and Prime Minister Fumio Kishida once called Web3 a “new form of capitalism,” but he faces a party leadership election in September.
Why OpenAI’s move to Tokyo could be the best tech move of the decade
Artificial intelligence (AI) research company OpenAI is set to open its first Asian office in Tokyo, Japan this April. His … Continue reading
The post Why OpenAI’s move to Tokyo could be the best tech move of the decade appeared first on Finbold.
Bitcoin Is Hitting All-Time Highs Around the World
Bitcoin is trading at a premium in many of the world’s currencies because of their relative weakness to the USD
Japan Moves Closer to Allowing Venture Capital Firms to Hold Crypto Assets
Japan’s cabinet approved a bill adding crypto to the list of assets the nation’s investment funds and venture capital firms can acquire.