Auto Added by WPeMatico

Japanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

Japanese cryptocurrency exchange DMM Crypto has secured Neoclassic Capital, a Florida-based global investment firm, as its lead investor. DMM Crypto also partnered with Presto, a quantitative trading company. The investments…

Continue ReadingJapanese Entertainment Giant’s Crypto Arm in Partnerships to Support Web3 Economy

Japan to Review Crypto Regulations, Potentially Easing Tax Burden

Japan is reportedly set to review its cryptocurrency regulations, potentially reducing taxes on digital assets. The Financial Services Agency (FSA) plans to assess whether current crypto regulations under the payments…

Continue ReadingJapan to Review Crypto Regulations, Potentially Easing Tax Burden

Hacked Japanese Crypto Exchange to Raise 50 Billion Yen to Repay Customers

DMM Bitcoin, a major cryptocurrency exchange based in Japan, has revealed its plan to secure 50 billion yen ($320 million) to repay customers after a significant security breach resulted in…

Continue ReadingHacked Japanese Crypto Exchange to Raise 50 Billion Yen to Repay Customers

Over $300M in BTC Stolen From Japanese Exchange DMM Bitcoin in Major Security Breach

DMM Bitcoin, a subsidiary of DMM Group, has reported a significant security breach resulting in the theft of 4,502.9 bitcoin (BTC), valued at approximately $303 million. The Japanese cryptocurrency exchange…

Continue ReadingOver $300M in BTC Stolen From Japanese Exchange DMM Bitcoin in Major Security Breach