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)