BlackRock Joins SBI’s Japan Yen Stablecoin Bet
@BlackRock, @SBIHoldings and @StartaleGroup signed an agreement to study settling tokenized money market funds with the JPYSC yen stablecoin. No launch date is set. #Update #Tokenization
Japan
GMO Trading Cloud Breach Risks 26,739 Servers
@GMO_Internet says a breach may have exposed 26,739 trading servers. It rejected hackers’ demands and will compensate verified unauthorized trading losses. #Update #Cybersecurity
Yen Stablecoin Revolutionizes Corporate Finance
Startale Japan Co. Ltd. issues a corporate bond using the yen stablecoin JPYSC for payments, marking a first in Japan’s financial market. #Update #Stablecoin
Bitcoin Liquidity Proved: Metaplanet’s 11K Buyback
Metaplanet sold 10K $BTC and bought 11K in Q3, proving liquidity and ending with 44K BTC. This move strengthens credit options. #Update #Crypto $BTC
Japan Freezes Garantex Assets Amid Crackdown
Japan freezes assets of Russian crypto exchange Garantex, already sanctioned by the U.S. in 2022; staff shifted deposits to successor Grinex. #Breaking #Legal
Bitcoin Scams: North Korea Steals Millions
North Korea’s WaterPpum group hacked 30,000 devices via fake tech interviews, breaching over 7,000 crypto wallets and stealing $10.71M. Authorities urge sandbox environments to prevent future exploits. #Breaking #CyberSecurity
Stablecoin Rails Expand with SBI Investment
SBI Holdings invests in Singapore’s Dtcpay, completing a $25M Series A to expand stablecoin payments across Asia. The funding supports merchant growth and new payment products. #Update #Finance
Stablecoin Test Success: SBI Kyobo Innovate
SBI Digital Practice and Kyobo Life completed a Japan-Korea stablecoin test bypassing dollar conversion, using yen-won tokens in a Canton Network trial.
SBI Group Invests in dtcpay Singapore
@SBIGroup invests in @dtcpay’s Series A round, raising total funding to $25M for expanding payment infrastructure and merchant network. The investment aims to enhance stablecoin payment capabilities in regulated markets. #Update #Crypto $USDT
SBI Group Invests $25 Million in dtcpay
@dtcpay completes a $25 million Series A funding round with strategic investment from SBI Group, enhancing its crypto payment infrastructure and regulatory reach across multiple regions. #Update #Crypto $USDT
Bitcoin Surges as Bank of Japan Raises Rates
The Bank of Japan raised its benchmark interest rate by 25 basis points to 1.25%, the highest in 31 years, causing Bitcoin to gain 0.5% against the yen. #Update #Crypto $BTC
Bitcoin Transfers $188M to Coinbase Fast
Metaplanet moved 2,400 BTC worth $186M to Coinbase Prime on Aug 31, totaling 4,750 BTC since Aug 25. CEO confirms custodial transfers with no liquidation intent. #Update #Crypto $BTC
Yen Stablecoin Launches by Japan’s Megabanks
Japan’s largest banks, @MUFG, SMBC, and Mizuho, collaborate on a yen-backed stablecoin framework targeting Japan’s 2026 fiscal year; regulatory approval pending. #Update #Crypto
Bank of Japan Raises Rates to 1995 High
The Bank of Japan raised its key interest rate by 25 basis points to 1%, the highest since 1995, with Bitcoin stable at $66,300; over $535 million in crypto futures positions were liquidated. #Update #Crypto $BTC