Tagged: japan

October 13, 2021 @ 3:07 pm By Omar Faridi  |  

We recently connected with Stefany Rojas, Head of Business Development at Kahuna, a blockchain-based social media network that will aim to engage celebrities with their fans in a democratized manner. It’s worth noting that most blockchain-enabled social media projects such as Voice and Steemit have… Read More

October 2, 2021 @ 2:55 pm By Omar Faridi  |  

Ontology Network, a high-performance, open-source blockchain focused on digital identity and data, writes in a blog dated October 1 that on September 21, 2021, Ontology, in collaboration with AP. LLC, a Japanese consulting company with “strong ties” to local research institutes and researchers, confirmed that… Read More

October 1, 2021 @ 3:07 pm By Omar Faridi  |  

Cambridge Quantum (CQ) is pleased to confirm that the latest version of TKET (pronounced “ticket”), their high-performance hardware-agnostic quantum software development kit (SDK), is completely open-source. Ilyas Khan, CEO at CQ, noted that they had first announced that TKET would be “available on an ‘open-access’… Read More

September 8, 2021 @ 2:29 pm By JD Alois  |  

PayPal (NASDAQ: PYPL) has announced the acquisition of buy now, pay later (BNPL) firm Paidy for $2.7 billion (¥300 billion) – mainly in cash. BNPL services have boomed in popularity as the services has emerged as an alternative to expensive credit card transactions. Paidy offers… Read More

August 30, 2021 @ 11:07 pm By Omar Faridi  |  

Japan-based Fintech firm Paidy, specializing in the Buy Now, Pay Later or BNPL sector, is reportedly looking into going public. This, according to a report from the FT. BNPL has become quite popular globally, with many new Fintechs entering the space within a relatively short… Read More

August 22, 2021 @ 12:38 pm By Omar Faridi  |  

On August 18, 2021, hackers managed to steal more than $90 million in over 69 different cryptocurrencies and digital tokens from Japan-based exchange Liquid Global. Liquid’s teams had “yet to release a postmortem detailing the attack vector used by the hacker,” the CipherTrace team noted… Read More

August 21, 2021 @ 6:32 pm By Omar Faridi  |  

The team at Blockstream, a Bitcoin-focused firm, has released its Markets Weekly Report, dated  August 20, 2021. As noted in the report from Blockstream, Bitcoin is currently on pace “to finish on the top end of this week’s range for the fifth weekly win in… Read More

July 5, 2021 @ 10:56 am By Omar Faridi  |  

Startups currently being supported by the Swiss Innovation agency Innosuisse will soon have the option to visit Japan or South Korea in order to expand their businesses globally. These initiatives will be supported and facilitated by setting up two new camps this year to address… Read More

June 27, 2021 @ 11:42 am By Omar Faridi  |  

Digital asset exchange Binance will reportedly stop offering services in Ontario, Canada after the local government decided to launch a regulatory crackdown on crypto-related businesses. Binance’s management confirmed on Friday (June 25, 2021) that all Ontario-based customers need to close out their active positions by… Read More

June 26, 2021 @ 7:10 am By Omar Faridi  |  

NEM Ventures has expanded its early-stage ecosystem after the launch of Symbol. As mentioned in a release shared with Crowdfund Insider, the NEM Ignite Incubator Program is now preparing promising or high-potential blockchain startups for market entry on Symbol. NEM Ventures, which is the VC… Read More

June 2, 2021 @ 10:58 am By JD Alois  |  

INX Limited has announced a partnership with GMO-Z.com Trust Company, Inc. The collaboration aims to offer the world’s first regulated stablecoin backed by the Yen or GYEN and made available to both retail and institutional customers. INX will also be integrating GMO Trust’s USD-backed stablecoin,… Read More

June 1, 2021 @ 8:10 am By Samantha Hurst  |  

‘   Plug and Play Japan announced on Monday it has selected a total of 91 Japanese and international startups for its Summer/Fall 2021 program batch. The startups, which were notably selected by 44 corporate partners, will be joining the following programs, IoT, Fintech, Insurtech,… Read More

May 18, 2021 @ 9:27 pm By Omar Faridi  |  

Japanese technology giant Toshiba is reportedly working with Dharma Capital to test out the use of quasi-quantum tech in financial trading. The trial, carried out by Toshiba and Dharma Capital, will look into the effectiveness of high-frequency trading (HFT) strategies for listed stocks in Japanese… Read More

May 11, 2021 @ 10:17 pm By Omar Faridi  |  

InvestCloud, a global Fintech company serving large banks, wealth management platforms and fund managers, revealed that it has launched its Wealth Advisor Platform by Mitsubishi UFJ Financial Group (MUFG), which is the largest bank in Japan and also one of the world’s largest financial institutions… Read More

April 18, 2021 @ 5:51 pm By Omar Faridi  |  

A senior Bank of Japan (BoJ) official has stated that China’s digital renminbi will not be able to pose a threat to the US dollar’s dominant position as the global reserve currency. As reported by Bloomberg, Kazushige Kamiyama, who heads the BoJ’s payment systems division… Read More

April 5, 2021 @ 9:14 am By Omar Faridi  |  

The Bank of Japan (BoJ) revealed on Monday (April 5, 2021) that it has officially started Phase 1 of its central bank digital currency (CBDC) pilots and related experiments. The initial phase of testing will mainly focus on assessing the basic functions of CBDCs as… Read More

April 2, 2021 @ 7:25 pm By Omar Faridi  |  

The Hong Kong Monetary Authority (HKMA) has confirmed the launch of the delivery-versus-payment (DvP) link for cross-currency securities transactions between the Hong Kong dollar (HKD) CHATS and the Bank of Japan (BoJ) Financial Network System. These transactions wll reportedly involve Japanese Government Bond (BOJ-NET JGB) Services…. Read More

April 1, 2021 @ 10:34 am By Samantha Hurst  |  

  Paidy, a Japan-based buy now pay later brand, announced on Wednesday it raised $120 million through its Series D funding round, which included participation from JS Capital Management LLC, Soros Capital Management LLC,  Tybourne Capital Management Ltd, and Wellington Management. Paidy reported that since late… Read More

March 17, 2021 @ 10:45 pm By Omar Faridi  |  

The Bank of Japan (BoJ) has confirmed that it is getting ready to work on a national virtual currency. Haruhiko Kuroda, governor of the 138-year-old institution, stated that the BoJ, the nation’s reserve bank, would begin “preparing thoroughly” for a future that may include a… Read More

March 16, 2021 @ 2:30 am By JD Alois  |  

OurCrowd has revealed that NTT Finance, a subsidiary of NTT Group (Nippon Telegraph and Telephone), will establish NTT Finance Israel LP in partnership with OurCrowd. According to OurCrowd, NTT Finance will initially commit $15 million for a dedicated investment program. OurCrowd will provide early access… Read More