bitflyer

Web3 asset data platform RootData issued a daily transparency alert on Twitter (X), noting the lack of information on teams, key calendar events, token data, and more for centralized exchanges such as Korbit, Bitkub, Luno, VALR, and bitFlyer. It calls on project parties to submit/update information on RootData to enhance their transparency scores. Additionally, RootData stated that it will continue to monitor and expose "black box" projects that lack core information.It is reported that the RootData transparency score is used to measure the integrity and timeliness of projects, aiming to reflect the information disclosure situation of the projects. The transparency score is divided into 5 levels from A to F, with lower scores indicating less complete information disclosure and higher risks of wrongdoing, requiring investors to be highly vigilant.

According to market news, as the Japanese stock market's Nikkei index plummeted, the Tokyo-based cryptocurrency exchange Bitflyer saw a surge in trading volume. CoinGecko data shows that Bitflyer's 24-hour trading volume increased by 200%, far exceeding Coinbase's 112% and Binance's 75%. Meanwhile, South Korea's Upbit rose by 27.1%, and Bithumb increased by 49%.Trading data during the Asian session indicated that Bitcoin against the Japanese yen rose by about 2.05%, outperforming the 1.86% increase against the US dollar and the 1.64% rise against the South Korean won, reflecting both the weakening yen and the surge in trading activity in Japan. The Japanese stock market fell by about 6.5% on Monday, while the South Korean composite index dropped about 8%, triggering a circuit breaker. Analysts pointed out that the South Korean market reacts more severely to oil price shocks due to its heavy reliance on imported energy, with about 70% of crude oil coming from the Middle East. Although the Japanese stock market also experienced a significant decline, its constituent stocks are more diversified and relatively more resilient, which explains why cryptocurrency trading in Japan surged despite the stock market downturn.

According to Arkham data, at 18:35, 136.86 BTC (worth approximately 12.65 million USD) was transferred from one anonymous address (starting with bc1qf7jf7...) to another anonymous address (starting with bc1q9jued...). Subsequently, the address transferred a portion of the BTC (0.5 BTC) to bitFlyer.

According to Arkham data, at 18:31, 95.74 BTC (worth approximately 14.07 million USD) was transferred from an anonymous address (starting with 3EY4kz...) to bitFlyer. The remaining BTC was dispersed to multiple addresses.

According to Arkham data, at 07:12, 23.76 BTC (worth approximately 17.18 million USD) was transferred from an anonymous address (starting with 32tt...) to multiple addresses, with part of it flowing into bitFlyer.

ChainCatcher news, according to ichainfo monitoring, MetaPlanet received 124.1 bitcoins from bitFlyer, worth approximately 11.55 million dollars.Previous news, MetaPlanet announced that it will purchase an additional 124.11 bitcoins for 1.6 billion yen.

ChainCatcher news, according to the Web3 asset data platform RootData, monitored that at 11:42 Beijing time today, Cumberland withdrew 401 ETH from bitFlyer, worth $1.0622 million.

ChainCatcher news, according to CoinPost, the Japanese exchange BitFlyer announced today that it has completed the acquisition of 100% of the outstanding shares of FTX Japan, making FTX Japan a wholly-owned subsidiary. The subsidiary will be renamed on August 26, and FTX Japan will develop new cryptocurrency custody services under bitFlyer Holdings.In addition, BitFlyer also stated that it plans to offer services related to cryptocurrency spot ETFs once the Japanese legal framework is in place.

ChainCatcher news, according to TreeNews, the cryptocurrency exchange platform Bitflyer will acquire the bankrupt FTX's Japanese subsidiary FTX Japan.

ChainCatcher news, according to CoinDesk, due to significant fluctuations in the yen, Bitcoin has seen a slight premium in the Japanese market. Earlier this month, the premium reached as high as 1.49%, the highest level since March 2020, indicating that traders are turning to alternative assets to hedge against yen volatility.TradingView charts show that the trading price of the Bitcoin to Japanese yen (BTC/JPY) pair on Japan's leading cryptocurrency exchange bitFlyer is approximately 0.2% higher than the Bitcoin price quoted in USD on Coinbase.

ChainCatcher news, according to WhaleAlert monitoring data, at 17:49 Beijing time, 9,614 ETH (20,774,326 USD) was transferred from BitFlyer to an unknown wallet.

ChainCatcher news, according to Coinpost, the Japanese cryptocurrency exchange BitFlyer will only support cryptocurrency deposits and withdrawals from exchanges that comply with the travel rule starting from May 30 at 15:00.It is reported that the types of crypto assets supported by the travel rule are also limited, including cryptocurrencies such as BTC, ETH, BAT, LINK, MATIC, MKR, PLT, etc. This restriction applies only to the 21 countries and regions that are required to provide information under the travel rule. (Source link)

ChainCatcher news, according to CoinDesk, the New York Department of Financial Services (NYDFS) stated that the cryptocurrency exchange BitFlyer USA was fined $1.2 million by NYDFS for failing to meet the state's cybersecurity laws. NYDFS acknowledged BitFlyer USA's efforts to strengthen its cybersecurity. The exchange submitted a remediation plan to the regulators aimed at bringing BitFlyer USA into compliance with the state's cybersecurity laws by the end of the year. (Source link)

ChainCatcher news, the board of the Japanese cryptocurrency exchange BitFlyer has reappointed co-founder Yuzo Kano as CEO. Yuzo Kano holds 40% of BitFlyer's shares and resigned as CEO in 2019 after regulatory crackdowns. Yuzo Kano plans to support BitFlyer's business by introducing stablecoins, establishing a token issuance business, and possibly opening its Miyabi blockchain technology to the public. (Bloomberg)

ChainCatcher News, Yuzo Kano, co-founder and former CEO of the Japanese cryptocurrency exchange bitFlyer, plans to return as CEO and lead the company in its initial public offering to resolve management conflicts. Yuzo Kano stated that he would propose this at the shareholders' meeting in March.According to data from JPBitcoin.com, bitFlyer holds a 59.4% market share of the BTC/JPY trading pair in January. The exchange sought to sell itself to Singapore-based fund ACA Partners last year, and Kano indicated this was a strategy to dilute his stake in the exchange. Kano resigned as CEO in 2019 but still holds a 40% stake, making him the largest shareholder. (Source link)