More than 30 major Japanese firms, including banks, are set to trial a common, private digital currency next year to improve payments.
The post Top Japanese banks, companies to test private digital currency next year appeared first on The Block.
Quick Take
- Alameda Research is a Hong Kong-based quantitative cryptocurrency trading firm that does a combination of arbitrage, quantitative strategies, liquidity providing, and OTC trading across crypto platforms
- The firm has been an active participant in decentralized finance (DeFi) by deploying capital to DeFi applications for yield opportunities and launching Serum, a decentralized exchange, through FTX
- In total, the firm has deployed its capital to at least 53 startups and protocols across seven verticals, which The Block has mapped out below
The news comes over a month after OKEx suspended withdrawals because a private key holder was taken away by Chinese police to “assist an investigation.”
The post OKEx says it will resume crypto withdrawals by November 27 appeared first on The Block.
The man was part of a criminal group that compromised crypto accounts with assistance from contacts at mobile operators.
The Deutsche Bank analyst’s comments are another sign of bitcoin’s increasing acceptance in the mainstream of finance.
Binance has filed a defamation lawsuit against Forbes and two of its writers in a U.S. court. A Binance spokesperson told The Block that the action has been taken to seek justice.
The post Binance says it sued Forbes and two writers for defamation ‘to seek justice’ appeared first on The Block.
A group of Japanese companies plans to develop and test a private digital currency that would work alongside cash.
Bitcoin’s price is making gains not seen since back in 2017 while traders increasingly bet on ether’s December performance.
The associates are also barred from selling digital securities for five years.
Binance sued Forbes for defamation Wednesday over a story last month that purported to reveal regulatory evasion tactics.
