Cointime

Cointime

Download App
iOS & Android

Crypto Evening Briefing: Japan Approves Web3 White Paper to Promote Industry Growth in the Country

Cointime Official

Top Stories

Chinese State Insurance Firm Launches Two Crypto Funds in Hong Kong

CPIC Investment Management, a subsidiary of China Pacific Insurance Company (CPIC), is reportedly launching two cryptocurrency funds in partnership with investment firm Waterdrip Capital. 

FTX Philanthropic Donations Have Created a Complex Dilemma for Recipients

The collapse of the FTX exchange and its subsidiaries in November 2022 led to the shutdown of its philanthropic arm, FTX Future Fund, causing researchers and scholars who were early recipients of the grant to be stuck in limbo over payment of further grants for their programs. 

Japan Approves Web3 White Paper to Promote Industry Growth in the Country

Japan's ruling Liberal Democratic Party's Web3 project team has approved a white paper laying out recommendations for growing the country’s crypto industry. The white paper proposes changes to tax regulation, including tax exclusions for companies holding tokens issued by other companies that are not going to be traded short-term, and allowing self-assessments so that investors can carry over losses for three years. 

Germany to Approve ‘Crypto Shares’ Issuance Regulations

Germany has approved the issuance of "crypto shares" under its new Future Financing Act. Public corporations can now choose to issue their stocks as conventional or electronic shares, which can be registered on a blockchain to create crypto shares. 

OKX Liquid Marketplace Records Over USD1 Billion in Institutional Trading Volume in 2023

OKX, the second-largest crypto exchange by trading volume, has announced that its on-demand liquidity network, the OKX Liquid Marketplace, exceeded $1 billion in trading volume in 2023.

Market Watch 

As of press time, according to Cointime data:

BTC 's live price is $27,979.06 USD, dropped by 1.90% in the last 24 hours;

ETH’s live price is $1,869.30 USD, dropped by 2.64% in the last 24 hours;

BNB’s live price is $312.47 USD, dropped by 1.04% in the last 24 hours;

XRP's live price is $0.4998 USD, dropped by 2.32% in the last 24 hours.

Fundraising News

BitValue Capital Invests $10 Million in IOST to Advance Web3 and AI Integration

Canadian Web3 investment firm BitValue Capital announces a strategic partnership with IOST through a $10 million USD long-term investment aimed at enhancing IOST’s mainnet capabilities and supporting the continuous development of its ecosystem.

Yuliverse Closes Seed Round Led by LIF

Yuliverse, the mobile metaverse app that combines gaming and social networking, has announced the completion of its seed round, led by LIF, with participation from Archerman Capital, Animoca Ventures, TKX, Hummingbird Capital, and Lionrock. 

Opside Secures $4M Seed Round to Expand Its ZK-Rollup-as-a-Service Platform

Opside, a three-layer infrastructure platform providing ZK-rollup-as-a-service (ZK-RaaS), has raised $4 million in a seed round led by Web3.com Ventures, with participation from other notable investors in the crypto industry. 

Bitcoin Bitcoin $66,846.59
-0.61%
Web3 Metaverse AI Hong Kong FTX Japan Germany Blockchain OKX Crypto
Comments

All Comments

Recommended for you

  • Cointime's Evening Highlights for May 19th

    1.US spot Bitcoin ETFs saw net inflows of $948.3 million this week

  • This year, there have been more than 90 Bitcoin ecosystem-related financings

    There have been more than 90 financing transactions related to the Bitcoin ecosystem since 2024, setting a new record for the highest number of financing transactions in a single year in Bitcoin's history. Kyle Samani, Managing Partner at Multicoin Capital, pointed out that with the emergence of the Bitcoin Taproot upgrade and the Ordinals protocol, the Bitcoin ecosystem is experiencing a "developer renaissance". For some developers, building financial tools on Bitcoin is more attractive because it is the oldest and most secure blockchain. Multicoin Capital's investment trend is reportedly shifting from Solana to the Bitcoin ecosystem. The venture capital firm has invested in projects such as Solana Labs and StarkWare, but recently participated in the funding of the Bitcoin-native music platform Arch Network and the Bitcoin scaling network Mezo.

  • Jesse Hamilton ·

    Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote

    The so-called FIT21 legislation to establish a U.S. regulatory regime for digital assets is set for a floor vote next week, and the sector is telling House leaders the effort is "crucial."

    Crypto Industry Rallies Behind House Bill as It Heads Toward Final Vote

  • $1.911 billion worth of SOL transferred

    According to Whale Alert monitoring, 11,040,253 SOL (US $1,911,291,365) was transferred from an unknown wallet to another unknown wallet.

  • DeFi TVL exceeds $95 billion again

    According to defillama data, as of May 18, 2024, the total value locked (TVL) in DeFi has once again surpassed $95 billion. It is currently reported at $95.069 billion, an increase of nearly $12 billion from the low point of $83.04 billion 35 days ago. Among the top five protocols in terms of TVL, Eigenlayer has the highest 30-day increase, with TVL rising by 19.67% to a total of $15.455 billion.

  • Cointime's Evening Highlights for May 24th

    1. CryptoPunks Launches “Super Punk World” Digital Avatar Series

  • An address mistakenly transferred about $7,000 in BTC to Satoshi Nakamoto’s wallet

    According to Arkham monitoring, someone accidentally sent 90% of their BTC assets to Satoshi Nakamoto's wallet address last night. They were trying to swap Ordinal for PupsToken, but ended up sending almost their entire wallet balance - about $7,000 worth of BTC.

  • USDC circulation increased by 200 million in the past 7 days

    According to official data, within the 7 days ending on May 16th, Circle issued 1.8 billion USDC, redeemed 1.6 billion USDC, and the circulation increased by 200 million. The total circulation of USDC is 33.2 billion US dollars, and the reserve is 33.4 billion US dollars, of which 3.8 billion US dollars are in cash, and Circle Reserve Fund holds 29.6 billion US dollars.

  • Bitcoin mining company Phoenix Group released its Q1 financial report: net profit of US$66.2 million, a year-on-year increase of 166%

    Phoenix Group, a listed mining company and blockchain technology provider for Bitcoin, released its Q1 financial report, with the following main points:

  • Pudgy Penguins and Lotte strategically cooperate to expand into the Korean market, and the floor price rose by 3.1% on the 7th

    The NFT series "Pudgy Penguins" has recently announced a strategic partnership with South Korean retail and entertainment giant Lotte Group on the X platform to expand its market in South Korea and surrounding areas. More information will be announced in the future. According to CoinGecko data, the floor price of Pudgy Penguins is currently 11.8 ETH, with a 7-day increase of 3.1%.

Daily Must-Read

Popular Activities

Delysium $AGI & AI Private Yacht Party

Delysium $AGI & AI Private Yacht Party

March 27 - March 27
Seoul

Popular Tags

Cointime
News
Contents
RSS
Company