{"id":596515,"date":"2023-01-11T13:49:54","date_gmt":"2023-01-11T19:49:54","guid":{"rendered":"https:\/\/news.sellorbuyhomefast.com\/index.php\/2023\/01\/11\/today-in-crypto-coinbase-to-close-down-most-japanese-operations-voyager-granted-initial-approval-to-sell-assets-to-binance-us-ledger-integrates-cometh-battle-card-game\/"},"modified":"2023-01-11T13:49:54","modified_gmt":"2023-01-11T19:49:54","slug":"today-in-crypto-coinbase-to-close-down-most-japanese-operations-voyager-granted-initial-approval-to-sell-assets-to-binance-us-ledger-integrates-cometh-battle-card-game","status":"publish","type":"post","link":"https:\/\/newsycanuse.com\/index.php\/2023\/01\/11\/today-in-crypto-coinbase-to-close-down-most-japanese-operations-voyager-granted-initial-approval-to-sell-assets-to-binance-us-ledger-integrates-cometh-battle-card-game\/","title":{"rendered":"Today in Crypto: Coinbase to Close Down Most Japanese Operations, Voyager Granted Initial Approval to Sell Assets to Binance.US, Ledger Integrates &#8216;Cometh Battle&#8217; Card Game"},"content":{"rendered":"<div>\n<div>\n<div>\n<p><a href=\"http:\/\/cryptonews.com\/editors\/sead-fadilpasic\/\"><\/p>\n<p>             <img decoding=\"async\" alt=\"5a65ab71dd90c.jpg\" loading=\"auto\" src=\"https:\/\/v2.cimg.co\/authors\/12\/5a65ab71dd90c.jpg\"><br \/>\n    <\/a><\/p>\n<\/div>\n<div>\n<div>\n<figure><img decoding=\"async\" src=\"https:\/\/v2.cimg.co\/news\/100895\/249238\/adobestock-24k-production-1.jpeg\" alt   width=\"3168\"><figcaption>Source: AdobeStock \/ 24K-Production<\/figcaption><\/figure>\n<p><i>Get your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto news.<\/i><br \/>__________<\/p>\n<h2>Exchange news<\/h2>\n<ul>\n<li><a href=\"https:\/\/cryptonews.com\/tags\/coinbase\/\"><strong>Coinbase<\/strong><\/a> will be closing down most of its operations in <a href=\"https:\/\/cryptonews.com\/tags\/japan\/\">Japan<\/a> as part of its efforts to survive the crypto winter, Bloomberg <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2023-01-11\/coinbase-s-japan-unit-cuts-workforce-as-part-of-global-layoffs\" target=\"_blank\" rel=\"noopener\">reported<\/a>. The vice president for business development Nana Murugesan said in an interview: \u201cWe\u2019ve decided to wind down the majority of our operations in Japan, which led to eliminating most of the roles in our Japan entity.\u201d<\/li>\n<li><a href=\"https:\/\/cryptonews.com\/tags\/huobi\/\"><strong>Huobi<\/strong><\/a> clarified that it has no relationship with <a href=\"https:\/\/cryptonews.com\/news\/today-in-crypto-traders-at-an-institutional-crypto-firm-targeted-by-hackers-since-july-2022-huobi-korea-to-reportedly-cut-ties-with-huobi-global.htm\"><strong>Huobi Korea<\/strong><\/a>. The statement <a href=\"https:\/\/newsdirect.com\/news\/huobi-clarified-no-relationship-with-huobi-korea-continues-to-focus-on-user-needs-in-korea-954169280\" target=\"_blank\" rel=\"noopener\">said<\/a> that \u201cin response to media reports related to Huobi Korea&#8217;s share change, Huobi responded that Huobi Korea is not a subsidiary of Huobi, and its shares belong to the former Huobi Global&#8217;s shareholders and have no relationship with Huobi. [\u2026] Huobi has no relationship with Huobi Korea and is unaware of their upcoming plans in the region.\u201d<\/li>\n<li><strong>Bitvavo<\/strong> has rejected an offer by <a href=\"https:\/\/cryptonews.com\/tags\/digital-currency-group\/\"><strong>Digital Currency Group<\/strong><\/a> (DCG) to pay part of the $297 million owed by its crypto lending subsidiary <a href=\"https:\/\/cryptonews.com\/tags\/genesis\/\"><strong>Genesis<\/strong><\/a>. The statement <a href=\"https:\/\/blog.bitvavo.com\/dcg-update-statement-10-01-2023\/\" target=\"_blank\" rel=\"noopener\">said<\/a> that \u201cwe received a (counter)proposal from DCG offering to refund at least \u00b170% of the outstanding amount in a period acceptable to Bitvavo. The residual amount is still under discussion with DCG as they are only willing to repay part of it within a period acceptable to Bitvavo. As creditors, the latter is not acceptable because DCG has sufficient funds available for full repayment.\u201d<\/li>\n<li><strong>CoinGabbar<\/strong>, a third-party platform that tracks crypto assets, released <a href=\"https:\/\/cryptonews.com\/tags\/wazirx\/\"><strong>WazirX<\/strong><\/a>\u2019s proof-of-reserves report, <a href=\"https:\/\/www.coingabbar.com\/en\/proof-of-reserve\/Wazirx\" target=\"_blank\" rel=\"noopener\">showing<\/a> that some 91% of its user assets was held in <a href=\"https:\/\/cryptonews.com\/tags\/binance\/\"><strong>Binance<\/strong><\/a> wallets. WazirX had $284.5 million of total user assets, of which $258.08 million was held in Binance wallets.<\/li>\n<li><a href=\"https:\/\/cryptonews.com\/tags\/bitget\/\"><strong>Bitget<\/strong><\/a> launched the Fund Custody service for professional investors and institutions, which \u201cwill provide dedicated wallets to qualified accounts to maximize protection of customers&#8217; funds on the platform,\u201d <a href=\"https:\/\/www.prnewswire.co.uk\/news-releases\/bitget-launches-fund-custody-service-with-dedicated-wallet-to-elevate-safety-301718686.html\" target=\"_blank\" rel=\"noopener\">said<\/a> the press release. To be qualified, users will have to store equal to or more than <a href=\"https:\/\/cryptonews.com\/coins\/tether\/\">USDT<\/a> 100,000 worth of combined assets on the platform, and once the application is approved, the user will be assigned a separate custodial wallet, with its own address to check and withdraw funds separated from the main reserve. The exchange also released the latest snapshot of its Merkle tree Proof of Reserves to &#8220;reassure users that their assets are held in 1:1 reserves,&#8221; it added.<\/li>\n<\/ul>\n<h2>Legal news<\/h2>\n<ul>\n<li>Defunct crypto broker <a href=\"https:\/\/cryptonews.com\/tags\/voyager-digital\/\"><strong>Voyager<\/strong><\/a> has been granted initial court approval to sell some of its assets to <a href=\"https:\/\/cryptonews.com\/tags\/binanceus\/\"><strong>Binance.US<\/strong><\/a> in a proposed deal worth $1.022 billion. <a href=\"https:\/\/storage.courtlistener.com\/recap\/gov.uscourts.nysb.312840\/gov.uscourts.nysb.312840.834.0.pdf\" target=\"_blank\" rel=\"noopener\">Per<\/a> the court filing, Voyager can enter into an asset purchase agreement and hold a vote among its creditors on the sale, but the deal will not be final until a court hearing is held in March.<\/li>\n<\/ul>\n<h2>Gaming news<\/h2>\n<ul>\n<li><a href=\"https:\/\/cryptonews.com\/tags\/web3\/\">Web3<\/a> Studio <strong>Cometh<\/strong> announced the integration of <strong>Cometh Battle<\/strong>, a blockchain free-to-play tactical card <a href=\"https:\/\/cryptonews.com\/tags\/gaming\/\">game<\/a>, within <a href=\"https:\/\/cryptonews.com\/tags\/ledger\/\"><strong>Ledger<\/strong><\/a> via Ledger Live. Per a press release, Cometh Battle is the first blockchain game on Ledger Live, and the integration will allow worldwide users to access the game directly from the Ledger Live app. The Genesis Season, which includes over 230 cards with a growing card library and new features to enhance the gameplay, has attracted over 20,000 players and has played over 600,000 games, it added.<\/li>\n<\/ul>\n<h2>DeFi news<\/h2>\n<ul>\n<li><strong>BitDAO<\/strong>, a decentralized autonomous organization (<a href=\"https:\/\/cryptonews.com\/tags\/dao\/\">DAO<\/a>), announced the launch of the public testnet \u201cWadsley\u201d for <strong>Mantle<\/strong>, a modular <a href=\"https:\/\/cryptonews.com\/coins\/ethereum\/\">Ethereum (ETH)<\/a> layer-2 blockchain designed for hyper-scalability, said a press release. It \u201caims to accelerate the adoption of web3 technology by providing high performance and low costs without sacrificing security,\u201d it added. The testnet is named after mineralogist Arthur David Wadsley, the namesake of the wadsleyite layer in Earth\u2019s mantle.<\/li>\n<li><strong>Hacken<\/strong>, a Web3 cybersecurity audit company, officially <a href=\"https:\/\/hackenclub.medium.com\/letter-to-community-from-dyma-budorin-a08dcb06ed6f\" target=\"_blank\" rel=\"noopener\">confirmed<\/a> the launch of its DAO, which per the announcement is the first company from this sector to do so. <strong>hDAO<\/strong> members will get governance rights to define the organization&#8217;s future by proposing cybersecurity initiatives and participating in decision-making by voting with HAI, said an announcement. Treasury reserves, also called hDAO members\u2019 funds, will be allocated by Hacken to support trust-improving activities for the proper internal products and to finance promising cybersecurity initiatives.<\/li>\n<\/ul>\n<h2>Investment news<\/h2>\n<ul>\n<li>Financial platform <strong>Structure.fi<\/strong> announced a long-term strategic partnership with <strong>Quai Network<\/strong>, a Proof-of-Work Layer 1 network of blockchains, <a href=\"https:\/\/www.businesswire.com\/news\/home\/20230110005112\/en\/Structure.fi-and-Quai-Network-Partner-to-Facilitate-Faster-Cheaper-and-More-Secure-Transactions-for-Global-Retail-Investors\" target=\"_blank\" rel=\"noopener\">said<\/a> the press release. The partnership with Quai will help improve the speed, security, and stability of all on-chain transactions on the Structure platform, it added, while Quai Network\u2019s native token, QUAI, will be listed on Structure.fi in the coming months.<\/li>\n<\/ul><\/div>\n<hr><\/div>\n<div>\n<h3>Recommended<\/h3>\n<div>\n<h3>Latest news<\/h3>\n<\/p><\/div>\n<\/p><\/div>\n<\/p><\/div>\n<div>\n<h3>Similar News<\/h3>\n<\/p><\/div>\n<\/p><\/div>\n<p><a href=\"https:\/\/cryptonews.com\/news\/today-in-crypto-coinbase-to-close-down-most-japanese-operations-voyager-granted-initial-approval-to-sell-assets-to-binanceus-ledger-integrates-cometh-battle-card-game.htm\" class=\"button purchase\" rel=\"nofollow noopener\" target=\"_blank\">Read More<\/a><br \/>\n Camellia Center<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Source: AdobeStock \/ 24K-ProductionGet your daily, bite-sized digest of cryptoasset and blockchain-related news \u2013 investigating the stories flying under the radar of today\u2019s crypto news.__________Exchange newsCoinbase will be closing down most of its operations in Japan as part of its efforts to survive the crypto winter, Bloomberg reported. The vice president for business development Nana<\/p>\n","protected":false},"author":1,"featured_media":596516,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[22791,695],"tags":[],"class_list":{"0":"post-596515","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-crypto","8":"category-today"},"aioseo_notices":[],"_links":{"self":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/596515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/comments?post=596515"}],"version-history":[{"count":0,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/posts\/596515\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media\/596516"}],"wp:attachment":[{"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/media?parent=596515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/categories?post=596515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/newsycanuse.com\/index.php\/wp-json\/wp\/v2\/tags?post=596515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}