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Crypto Scammers Preying on Elderly Japanese Singletons – Report
3.3.2023
Crypto scammers are targeting elderly Japanese singles on social media and dating apps. But middle-aged Japanese lonely hearts are also finding themselves in fraudsters’ cross-hairs. And some scammers appear to be targeting yet-younger individuals.
In a column for Nikkan Gendai, the financial...
Japanese Banks to Trial Stablecoins on High-Speed Blockchain – How Does it Work?
2.3.2023
Banks in Japan are starting a trial for issuing fully compliant stablecoins on an ultra-fast but largely centralized blockchain known as the Japan Open Chain.
The bank trials will be the first experiment with stablecoins in Japan that is fully compliant with local laws, a press release sent out...
Today in Crypto: Trezor and The Sandbox Issue Security Warnings, Cronos Launches a New DEX, Three Japanese Banks Set to Test Stablecoins on Japan Open Chain
2.3.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today's crypto news.__________...
Read More: Today in Crypto: Trezor and The Sandbox Issue Security Warnings, Cronos Launches a New DEX, Three Japanese Banks Set...
Japanese Entrepreneur Yuta Misaki Loses Big in $29m Crypto ‘Gamble of the Century’
2.3.2023
An outspoken Japanese entrepreneur and social media star says he suffered massive losses when he invested $29 million in crypto – and has advised followers to tread cautiously in the crypto markets to avoid similar losses....
Read More: Japanese Entrepreneur Yuta Misaki Loses Big in $29m Crypto...
Three Japanese Banks Start Stablecoin Experiment
2.3.2023
Three Japanese banks, Kiraboshi Bank, Minna no Bank and The Shikoku Bank, are participating in an experiment that aims to implement a stablecoin system that meets legal requirements
83% of Japanese Crypto Traders Say They’ll HODL their Coins – Here’s Why
1.3.2023
Over eight in 10 Japanese crypto traders say they intend to HODL their coins this year, a new survey has found.
The survey was conducted in January this year by the Tokyo-based media firm Zero Accel, who spoke to 330 crypto holders in 47 Japanese provinces. Zero Accel explained in a press release...
Death Stranding Is Secretly A Stealth Retelling Of This Japanese Legend
28.2.2023
Death Stranding is undeniably an odd game. It has floating spirits, rain that makes you older, ghost-detecting babies, and pee bombs. That’s not to say that the weirdness makes it bad, though. Even its harshest critics, who deride it as a “massive failure” or (gasp!) a “walking simulator” will...
Japanese Tech and Finance Giants Launch Japan Metaverse Economic Zone
28.2.2023
Several Japanese tech and finance giants have signed a document to create the Japan Metaverse Economic Zone, a multipurpose virtual universe that will have its base in a platform called Ryugukoku. The virtual world will allow these companies to share their technology with users as it lets them roam...
Japanese Sports Giant Mizuno Takes NFT Plunge with Judo, Running, Soccer Offerings
27.2.2023
The Japanese sports giant Mizuno has launched its first line of non-fungible tokens (NFTs) – becoming the latest sportswear titan to enter the field.
In a Mizuno press release, the firm explained that it had launched three sets of tokens – one for each of the sports it specializes in. The NFTs...
Square Enix to Use Polygon’s Network in Symbiogenesis, Its Upcoming Web3 Experience
17.2.2023
Japanese gaming company Square Enix has announced that it will be using Polygon, an Ethereum sidechain, as a base for Symbiogenesis, its upcoming Web3 experience. Naoyuki Tamate, producer of the game, cited the high transaction speeds and low transaction gas costs as the reasons for making this...
Japanese Securities Giant SBI Completes Takeover of Crypto Exchange Bitpoint
16.2.2023
The Japanese securities giant SBI has completed a takeover of the rival crypto exchange Bitpoint. The move consolidates the firm’s increasingly tight grip on the domestic crypto market – and marks the second time it has taken over a domestic rival....
Read More: Japanese Securities Giant...
Japanese Museum Reunites Gamers With Their Lost Retro Games
15.2.2023
Do you ever wish you could reacquire the games you once had? And not just copies of the same ones, but the very discs or cartridges you used? Well, the Named Cassette Museum in Tokyo is making that very thing a reality for many gamers: reuniting those who once wrote their names, addresses, or other...
Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election Donations in Crypto to $100
15.2.2023
Get your daily, bite-sized digest of cryptoasset and blockchain-related news – investigating the stories flying under the radar of today’s crypto news.__________...
Read More: Today in Crypto: El Salvador’s Bitcoin Embassy in USA, Japanese Banking Giant Invests in Infinity, Kansas May Cap Election...
This Japanese Candy Commercial Is Better Than Any Super Bowl Ad
8.2.2023
If the past 44 years of Super Bowl commercials are anything to go by, brevity is the soul of wit, especially when it comes to convincing football watchers to buy products and talk about them at the water cooler. Yet somehow, no bizarre celebrity-addled sportsball ad yet created can hold a candle...
Japanese Prime Minister says DAOs and NFTs help support government’s 'Cool Japan' strategy
2.2.2023
Fumio Kishida said there were “various possibilities for using Web3” in Japan and has previously supported blockchain-based initiatives for authorities using digital solutions
Scammer Dupes Elderly Japanese Woman out of $748k Worth of Crypto
27.1.2023
A Japanese woman in her eighties was duped out of over $748,000 worth of tokens by a crypto scammer who told her that her bank account was under attack.
Kyodo News (via Tokyo Shimbum) reported that the woman was contacted by a “person claiming to be an employee of the ward [local government]...
Japan Urges Regulators Worldwide to Subject Crypto Exchanges to Bank-Level Oversight
19.1.2023
Japan has reportedly urged other countries, including the U.S., to regulate crypto exchanges like they do banks. A top official at the Financial Services Agency explained that the recent FTX implosion wasn’t brought on by crypto technology but by “loose governance, lax internal...
Japanese Tax Agency Wants to Tax NFT Sales and Crypto Gaming Profits
17.1.2023
The Japanese tax body has signaled an intention to tax non-fungible token (NFT) sales and the profits earned by crypto and blockchain gamers.
In an FAQ-type document released by the National Tax Agency (NTA), the body explained “guidelines” for tax officers dealing with NFT-related “cases” where...
Monex Mulls Purchase Of FTX's Japanese Subsidiary
17.1.2023
Monex Group, a financial services company based in Tokyo, has shown an interest in buying up the Japanese subsidiary of Sam Bankman-Fried’s defunct FTX crypto platform, according to Oki Matsumoto, the CEO of Monex....
Read More: Monex Mulls Purchase Of FTX's Japanese Subsidiary
Japanese regulators want crypto treated like traditional banks
17.1.2023
Mamoru Yanase said crypto needs the same safeguards as financial institutions and banks