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Crypto Evening Briefing: Fujitsu and Mitsubishi Look To Create Japanese ‘Metaverse Economic Zone’

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Fujitsu and Mitsubishi Look To Create Japanese ‘Metaverse Economic Zone’

A group of large Japanese companies — including Mitsubishi, Fujitsu and banking giant Mizuho — agreed to work together to create a "Metaverse Economic Zone" for the country, with the aim of building open metaverse infrastructure. 

Kucoin and Huobi Are Accused in Report of Enabling Russian Banks to Break Sanctions

Huobi and KuCoin, two of the world's largest crypto exchanges, have reportedly continued to provide services to customers of sanctioned Russian banks.

Europe Entices Crypto Firms as U.S. Regulatory Crackdown Intensifies

Europe is gradually positioning itself as a welcoming jurisdiction for crypto companies. Meanwhile, the screws are tightening across the pond as agencies take things into their own hands due to a lack of crypto regulations.

$700,000 Drained From BNB Chain-Based DeFi Protocol LaunchZone

$700,000 worth of funds has been drained from BNB Chain DeFi protocol LaunchZone, with the project alleging that an attacker has carried out an exploit.

Crypto Gateway Alchemy Pay Scores License in Indonesia

Alchemy Pay has obtained a license from the central bank of Indonesia to operate remittances and fund transfers in cooperation with the local fintech Berkah Digital Pembayaran.

Market Watch

As of press time, according to Cointime data:

BTC 's live price is $23,627.17 USD, jumped by 1.85% in the last 24 hours;

ETH’s live price is $1,656.15 USD, jumped by 3.51% in the last 24 hours;

BNB’s live price is $306.40 USD, jumped by 1.08% in the last 24 hours;

XRP's live price is $0.3768 USD, jumped by 0.14% in the last 24 hours.

Fundraising News

Institutional Pipe Investor With $2bn In Executed Financing Commitments Launches Digital Asset Investment Firm

Alpha Blue Ocean (“ABO”), based in the Bahamas and Dubai has announced the launch of a new private investment firm, ABO Digital, that will provide alternative financing solutions to early-stage and high-growth companies in the digital asset space.

Mantle Core Proposes $200M EcoFund on BitDAO’s Governance Forum

Mantle Core recently submitted a proposal on BitDAO’s governance forum for discussion among the DeFi protocol’s community members. The proposal seeks to establish a $200 million ecosystem fund to promote the adoption of Mantle among developers and decentralized applications (dApps).

GameFi Social Platform BEBO LAB Raises $2.3 Million in Funding Led by Hash9 Fund and ACF Fund

GameFi Social Platform BEBO LAB Raises $2.3 Million in Funding Led by Hash9 Fund and ACF Fund. The funds will be used to launch the BEBO NFT project and develop the BEBO Social+GameFi Product Platform.

Get the latest news here: Cointime channel — https://t.me/cointime_en

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