Here is the past week of cryptocurrency and blockchain news in review, as originally reported by Cointelegraph Japan.
The Japanese Liberal Democratic League for Quantum Technology Promotion, which promotes quantum technology research and development, announced that it plans to formulate a quantum technology innovation strategy by the end of this year.
Ethereum co-founder Vitalik Buterin is not at all impressed by the perceived threat BTC faces from Google's quantum computer.
"My one-sentence impression of recent quantum supremacy stuff so far is that it is to real quantum computing what hydrogen bombs are to nuclear fusion. Proof that a phenomenon and the capability to extract power from it exist, but still far from directed use toward useful things."
Japanese crypto exchange Coincheck: Revenue 40% down, Registered users 6% up.
SBI Holdings partners with PayPay, releases financial report and expands into Europe.
Cointelegraph Japan reported on Oct. 30 that Japanese financial services giant SBI Holdings Inc. announced that its subsidiary MoneyTap formed a business alliance with the mobile pay service PayPay to develop a charge business using the MoneyTap application, which uses Ripple's distributed ledger technology.
SBI Holdings further released its latest financial report on Oct. 30, where its crypto-heavy venture capital arm, SBI Securities, showed a surge of 19% in its trading revenue during 2019, turning a $7.1 million loss into a $30 million profit over the year.
Similarly to previous reports, SBI continues to outline the growing importance of Ripple's technology in its remittance division, SBI Remit, as well as the development of Ripple's xCurrent-based remittances.
President of SBI Holdings Yoshitaka Kitao said during the financial report briefing that he would collaborate with European companies on security token offerings, adding that he is currently in discussions and that more news may come in the month of November.
Crypto News From Japan: Oct. 27-Nov. 2
에 게시 됨 Nov 3, 2019
by Cointele | 에 게시 됨 Coinage
Coinage
최근 뉴스
모두보기
Blockchain Bites: Bitcoin's Run, Uniswap's Hemorrhaging Value, Anchorage's Banking Bid
Bitcoin is nearing all-time highs in price and market cap last set three years ago.
Japan's megabanks to lead experiment with digital yen
We have, in order, Cheese Bank with a $3.3 million theft, Akropolis with its $2 million loss, Value DeFi with a whopping $6 million exploit and finally Origin Protocol's loss of $7 million.
Number of new Bitcoin addresses spikes amid growing FOMO
Japan's three largest banks, as part of a group of 30 private sector actors, are set to collaborate on an experiment with a digital yen.
Not just Wall Street: Quant trader explains why Bitcoin price is going up
Sam Trabucco, a quantitative trader at Alameda Research, believes four general factors are pushing up the price of Bitcoin.