Metaplanet to issue $6.26M in bonds for Bitcoin purchase, shares up 12%
Metaplanet’s Bitcoin adoption has fueled a 500% stock rise.
News on licensing, investor protection, CBDC research, and Japan’s maturing crypto markets.
The theft ranks among the top 5 hacking incident that has affected a Japan-based crypto platform.
Metaplanet said it would embrace a Bitcoin-first approach and praised the blockchain's proof-of work mechanism.
Metaplanet's total Bitcoin holdings is approximately 117.72 BTC, valued at ¥1.2 billion
When its merger is complete, Coincheck will become the second publicly listed crypto exchange in the US after Coinbase.
Ripple continues to strengthen its global presence despite the regulatory issues in its home country.
Microsoft and Amazon Web Services will invest a $2.9 billion and $15 billion to establish AI-related infrastructure and education in Japan as part of the deal.