Rio de Janeiro City Plans to Invest in Bitcoin: Press
Mayor Rio de Janeiro announced on the 13th that it plans to invest 1% of the city’s surplus in Bitcoin. The local newspaper Oh Globo reported.
“We will launch crypto Rio’and invest 1% of our surplus in crypto assets (cryptocurrencies),” said Mayor Eduardo Paes of Rio Innovation Week. Rio Innovation Week).
FTX Establishes $ 2 Billion, Investment Fund
FTX, which handles cryptocurrency (virtual currency) trading services, has established a large fund of 2 billion dollars (about 228 billion yen). Accelerate investment in startups in the industry.
FTX and its founder, Sam Bankman-Fried, have funded the newly formed FTX Ventures. The investment amount per case is expected to be 100,000 to several hundred million dollars.
US Lukka, valuation $ 1.3 billion Expanding data business by introducing crypto assets of North American companies
As US financial institutions and business companies enter the crypto asset (virtual currency) market, Lucca Inc., which develops data solutions for crypto assets, has funded 110 million dollars (about 12.6 billion yen). Was procured. With a corporate valuation of over $ 1.3 billion, Lucca will accelerate the globalization of its business.
Cryptocurrency industry job openings surge in the US: LinkedIn
A survey by LinkedIn found that the number of job openings in the US cryptocurrency industry increased nearly five-fold in 2021.
According to the same survey, the number of job postings that include “bitcoin,” “ethereum,” “blockchain,” and “cryptocurrency” in the titles increased by 395% in 2021 from the previous year. The numbers are well above the 95% growth rate for the entire US tech industry.
Recruitment of human resources for Hulu, Metaverse, and NFT advancement
Hulu, a US video distribution service, is looking for human resources to advance into crypto assets (virtual currency), non-fungible tokens (NFT), and Metaverse.
Looking at the job information, we are looking for a “culture trend marketing manager” who has a background of “metaverse, or crypto assets and NFT platform” and supports the company to “advance into fields other than streaming”. ..
Wal-Mart Apply for Trademark Registration for Metaverse and NFT
Walmart, a major US retailer, has applied for seven trademarks at the end of December and seems to be planning to manufacture and sell products in the Metaverse (virtual space).
According to one of the seven applications, Wal-Mart is also considering offering crypto-assets (cryptocurrencies) and non-fungible tokens (NFTs).
“Phoenix” and “Black Jack” are NFT: double jump. Tokyo and Tezuka Pro
Double jump. Tokyo (Headquarters, Shinjuku-ku, Tokyo), which handles NFT business support services, will start selling digital art NFTs of Tezuka Productions’ “Firebird” and “Black Jack” from the 24th of this month.
Cryptocurrency fund outflow for five consecutive weeks Solana remains positive.
Cryptocurrency funds have surpassed $ 73 million in outflows for seven days until January 14, according to a report released by CoinShares on January 17. Overflows amounted to $ 532 million for the fifth straight week, and the fund’s total assets under management fell to $ 56.1 billion.
Bitcoin is expected to be over $ 60,000 by the end of the year, 55% of customers: JP Morgan.
Bitcoin (BTC) will be over $ 60,000 by the end of the year-55% of clients think so, JPMorgan Chase, the largest US bank, wrote in a report released last week.
Forty-one percent of the customers surveyed believe Bitcoin will be close to $ 60,000 by the end of the year, 9% believe it will exceed $ 80,000, and 5% believe it will exceed $ 100,000.
Dai Nippon Printing and Gaudiy form a partnership in the content business Looking to develop services in Metaverse.
Dai Nippon Printing (DNP) and Gaudiy (Headquarters: Shinjuku-ku, Tokyo) announced on January 18 that they would form a business alliance to create new content services such as anime, manga, and games.
As one of our efforts, we will provide digital contents that utilize generative art in conjunction with the “Promised Neverland POP UP SHOP” held at the “Tokyo Anime Center” in Shibuya, Tokyo, from the 21st. Start a demonstration experiment.
Bitcoin mining companies still have a “healthy” rate of return: DA Davidson.
Bitcoin mining companies are still making healthy profits despite falling Bitcoin prices and rising hash rates. Christopher Brendler, an analyst at US investment firm DA Davidson, wrote yesterday.
FTX Acquires Naming Rights for Australian Blockchain Event Scheduled to be held in March
The Australian Blockchain Week 2022 will be held in Australia for five days from March 21 to 25th, using venues in multiple major cities.
Blockchain Australia, which manages the event, announced on the 18th that FTX (FTX Trading Ltd) had acquired the naming rights for the event.
Tokens for soccer player rewards, the first in Japan “Nankatsu” and “SHIBUYA CITY.”
The soccer clubs “Nankatsu SC” and “SHIBUYA CITY FC” have a contract to pay a part of the rewards to the players with club tokens. Financier (Headquarters, Shibuya-ku, Tokyo), which provides the service infrastructure, announced on the 18th.
NFT market size, more than 9.1 trillion yen by 2025: Jeffreys
The fusion of the digital and physical worlds is taking shape, and investment banks say that companies can use NFTs (non-fungible tokens) to realize “experience-based customer connections using digital technology.” Jefferies said in an analyst note released yesterday.
The bank has raised its NFT market forecast to more than $ 35 billion in 2022 and more than $ 80 billion in 2025.
JCBA makes recommendations with a stable coin a Legal system for “avoiding Galapagos in Japan.”
The Japan Cryptocurrency Business Association (JCBA) announced on the 19th a proposal regarding stablecoin linked to legal tender such as the US dollar. Due to the difficulty of commercialization due to legal regulations, the development and use of stablecoin have been delayed in Japan. To avoid “Galapagos,” we have summarized opinions on deposits and money laundering.
The content is based on the “Funds Settlement Working Group” report issued by the Financial Services Agency’s Financial Council on January 11. JCBA wants to prevent “division from the global market, divergence from practice, and Japan’s Galapagos syndrome.”
Kraken Japan expands trading pairs to 53 types.
Kraken, a primary cryptocurrency trading service, has expanded the number of currency pairs traded in Japan to 53 types.
Kraken Japan announced on the 19th that it had introduced a function called “Any to Any” in the sales office trading service for users residing in Japan. It will be possible to trade for one crypto asset and all other crypto-assets and fiat currencies.
Intel announced an “ultra-low voltage” Bitcoin mining chip in February.
Intel (Intel) seems to announce a chip dedicated to cryptocurrency (virtual currency) mining at the international semiconductor conference “ISSCC 2022,” to be held in February.
Looking at the conference’s agenda, one of Intel’s announcements is “Bonanza Mine: An Ultra-Low-Voltage Energy-Efficient Bitcoin Mining ASIC.” The date is February 23.
Director Yukihiko Tsutsumi utilizes token-type crowdfunding to raise new funds for movie production.
Well-known movie directors such as Yukihiko Tsutsumi, the TV drama “Trick” director, and “The Files of Young Kindaichi” will start token-issuing crowdfunding using blockchain. The service will be provided by Financier (Headquarters, Shibuya-ku, Tokyo), represented by Hironao Kunimitsu.
The project name is “SUPER SAPIENS,” and a particular page opened on the 19th. We aim to realize everything from the original production to video production, canonicalization, and goods production by raising funds by issuing tokens.
Rakuten launches NFT business in February The first is “Ultraman.”
Rakuten will start the NFT business on February 25. As the first step, it was announced on the 19th that the contents of the animation “ULTRAMAN” would be released. The company announced a business plan for “Rakuten NFT” in August last year.
The online launch event “#Rakuten NFT Begins” will be held on February 25, the service start date, to introduce the service and NFT contents scheduled to be sold in the future.
Solana expands NFT network share, Ethereum retreats JP Morgan.
Ethereum’s share of NFTs has fallen from about 95% early last year to around 80%, according to a report by JPMorgan Chase, the largest US bank. This was partly due to the sharp increase in Ethereum network usage and soaring transaction fees (gas charges).
The report points out that the number of Solana blockchain cases had increased significantly since around August when NFT transaction demand increased.
Grayscale Bitcoin Trust, discount rate up to 26.5% ever
The Grayscale Bitcoin Trust (GBTC) recorded a 26.5% discount on Bitcoin (BTC) held by the fund on the 19th.
GBTC has been an excellent way for institutional investors to invest in Bitcoin without buying it directly. Still, due to sluggish demand for GBTC, it has been trading at significant discounts over the past year.
The first transaction of stable coin “USDF” issued by US bank
NBH Bank and the New York Community Bank have made their first transaction of the US bank-issued stablecoin “USDF” on the Provenance blockchain. NBH Bank issued USDF and sent it to New York Community Bank customers as a pilot operation.
USDF is a stable coin provided by the USDF Consortium. The consortium, announced last week, is backed by the Federal Deposit Insurance Corporation (FDIC).
XRP exchange ticket will be given by using Circa, and 3% equivalent will be presented: Sumitomo Mitsui Card and SBI SECURITIES
Sumitomo Mitsui Card and SBI SECURITIES will start a campaign to grant exchange tickets for crypto-assets “XRP” according to the amount of credit card usage from January 20. We will give 3% equivalent to the usage amount.
“It is the first time in Japan that an XRP exchange ticket will be given as a privilege according to the amount of credit card usage” (both companies).
US Major League Baseball NFT market “Candy Digital,” transaction of about 300 million yen on the first weekend