Musiccosmos

Japanese messaging giant LINE has launched a token venture fund with a capital commitment of $10 million via its recently established subsidiary called Unblock Ventures. The publicly traded firm announced the fund in a release on Wednesday and said it aims to invest in blockchain startups in an effort to boost technological development. While Unblock Ventures, incorporated in Hong Kong in July, will be the fund’s manager, the $10 million capital is solely provided by LVC Corporation, another subsidiary of the LINE group. The company said it expects to increase the total amount of the fund in the future based on the development of the blockchain industry. Today’s launch is part of LINE’s wider push into the cryptocurrency space and comes just a month after it officially started the operation of its cryptocurrency trading platform called Bitbox. It was also announced today that Bitbox has listed TRX – the native token of the June  launched TRON blockchain – as the first ...

I’ve lived my entire life nestled in between the Ohio and Kanawha Rivers, so all my life I’ve heard the stories of the giant catfish, some as big as school buses, that inhabit the two rivers.  Aside from scaring the heck out of a few underwater welders doing bridge work (and MAYBE being responsible for the Kanawha River being known as the River of Evil Spirits ), our tri-state catfish seem to be pretty tame. Japan hasn’t been so lucky. The Land of the Rising Sun is home to a catfish creature known as the Onamazu. A namazu-e or catfish motif earthquake art, entitled Shin Yoshiwara ōnamazu yurai or “The cause of the great catfish at Shin Yoshiwara”.- Source Obviously, I cannot fully explain Shintoism adequately in one blog post, but the important thing to note is that Shinto is a traditional Japanese religion dating back to the 8th century. It incorporates the worship of ancestors and nature spirits and a belief in sacred power ( kami ) in both animate and inanimate thing...

Japan’s financial watchdog, the Financial Services Agency (FSA), has published the results of its on-site inspections of cryptocurrency exchange operators, Cointelegraph Japan reports August 10. Based on its findings, the watchdog has decided to apply more rigorous oversight into new applications from exchanges hoping to receive an official operating license . Newly registered exchanges will be required to undergo on-site inspections at an early stage and the agency plans to closely examine the effectiveness of their business models. According to the agency, there are currently “hundreds” of companies awaiting its review. The FSA probe revealed that exchange operators’ maintenance of their internal control systems has failed to keep pace with the rapid growth of transaction volumes, which it partly attributed to the “renaissance” of the crypto markets in fall 2017. According to the investigations, the total digital assets of domestic exchanges surged to 792.8 billion yen ($7.1 ...