Auto Added by WPeMatico

Tokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy

According to a report from Asahi Shimbun, one of Japan’s oldest national newspapers, a subsidiary of Tokyo Electric Power Co. (TEPCO) has taken an innovative step into the world of…

Continue ReadingTokyo Electric Power Company’s Subsidiary Mines Bitcoin With Surplus Energy

Largest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments

The largest Japanese banks—MUFG, SMBC, and Mizuho—plan to use a stablecoin-based system to facilitate cross-border payments in the future. The initiative, Project Pax, replaces correspondent banks with blockchain technology, linking…

Continue ReadingLargest Japanese Banks to Use SWIFT-Linked Stablecoin System for Cross-Border Payments

SBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions

Metaplanet and SBI VC Trade have formed a strategic partnership to enhance bitcoin trading, storage, and management. This alliance aligns with Metaplanet’s “bitcoin first, bitcoin only” strategy, emphasizing BTC’s scarcity…

Continue ReadingSBI VC Trade and Metaplanet Team Up for Advanced Bitcoin Trading Solutions

What Web3 Games Need to Do to Break into the Japanese Market – IVC Partner Ann Chien

IVC is a Web3 venture capital fund backed by leading Japanese gaming studios. They focus on Web3 gaming, digital entertainment, AI, DeFi, and infrastructure, and have invested in over 200…

Continue ReadingWhat Web3 Games Need to Do to Break into the Japanese Market – IVC Partner Ann Chien

Important Ripple (XRP) Partnership With a Japanese Financial Giant: Details

TL;DR SBI Holdings’ subsidiary shook hands with Ripple to promote the use of the XRP Ledger (XRPL) within the Web3 community. Despite this partnership, XRP’s price remained largely unaffected, hovering…

Continue ReadingImportant Ripple (XRP) Partnership With a Japanese Financial Giant: Details

Here’s How Much BTC Metaplanet Has After The Latest Purchase

Metaplanet announced making yet another significant investment in bitcoin, purchasing approximately $3.3 million (500 million yen) worth of the cryptocurrency. This acquisition involved 57.103 bitcoins, with an average purchase price…

Continue ReadingHere’s How Much BTC Metaplanet Has After The Latest Purchase

Goldman Sachs CEO: Fed Unlikely to Cut Rates Before September

Goldman Sachs CEO David Solomon expects the Federal Reserve to delay any emergency rate cuts until at least September despite weak job data, believing the U.S. economy will avoid a…

Continue ReadingGoldman Sachs CEO: Fed Unlikely to Cut Rates Before September