The number of cryptocurrency and blockchain-related companies in Japan increased by more than 30% this year. Monex Group's Monex Crypto Bank told Cointelegraph Japan on June 30 that there are 430 crypto and blockchain-related companies in Japan as of May 2020. This represents a 30.7% jump from the 329 companies reported in July 2019. The data is part of the “Blockchain Data Book 2020” that Monex Crypto Bank released on Wednesday, detailing the conditions of the Japanese blockchain industry. Monex Group runs Coincheck, one of the biggest crypto exchanges in Japan. Many firms have a primary focus on blockchain and …
Regulators in Japan may be more inclined to approve new virtual currencies for trading if they have greater financial transparency and aren’t involved in gambling Dapps. According to a new report from Xangle Research on Japanese digital asset regulations, the country's financial watchdog, the Financial Services Agency (FSA), specifically says crypto firms may be approved if they do not support decentralized applications (Dapps) with gambling or anonymous features. In particular, Xangle named Quantum (QTUM), the cryptocurrency recently made available for trading on Japanese crypto exchange Coincheck, as satisfying three essential requirements by the country's self-regulatory group, the Japan Crypto Asset …
Brave Browser, a cryptocurrency-powered web browser, announced that its monthly active user count increased 125% over the past year. According to a June 1 announcement, Brave Browser’s monthly active users reached 15.4 million by the end of May. Daily active users, on the other hand, reached 5.3 million after increasing by 165% over the past year. According to May data only about 12.32% of Brave Browser’s total users use the software’s cryptocurrency features. The firm’s co-founder and CEO Brendan Eich explained at the time: “When we first released [Brave Browser] on desktop, it was 40% of the desktop browser share …
During Solana's Breakpoint conference in Lisbon, Portugal, executives at Brave and Solana Labs announced that the Brave browser would integrate with the Solana (SOL) blockchain and feature Solana decentralized applications, or dApps, on its browser. Simultaneously, Solana will promote the adoption of Basic Attention Tokens (BAT), the native digital currency of the Brave Browser, among its dApp users. We've partnered with @solana to integrate it into the browser and make it the default for DApp support. We will soon bring best-in-class wallet features for the Solana blockchain into our desktop & mobile browsers. #BreakpointLisbon https://t.co/tTB7NXKWjI — Brave Software (@brave) November …
How to avoid cryptocurrency scams? One of the best ways to protect your crypto investment is to secure a wallet and do your own research about the projects in the market. Don't believe everything you're told. Instead, examine any claims made about investment, especially if they appear too good to be true or promise huge returns in a short period. Also, do not trust anyone who contacts you personally, whether a government official, a public personality, or a stranger, and asks for Bitcoin payments or offers you an "investment opportunity." Whenever possible, enable two-factor authentication on your cryptocurrency wallet and …