Day: November 20, 2023

Japanese exchange plans to start digital securities trading on Dec. 25

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Proprietary trading system operator Osaka Digital Exchange (ODX) is set to kickstart the trading of digital securities in Japan through security tokens issued by two real-estate firms to fill the demand for alternative assets.  In an announcement, ODX said that its trading system for security tokens commences on Dec. 25. Ichigo Inc., a Tokyo-based company, is reportedly planning to sell over $20 million in securities backed by property investments. Apart from Ichigo, Kenedix Inc. is also planning to offer digital securities within the ODX platform. Security tokens are digital assets…

AI Tokens Pump on Positive Industry News as X Corp Announces xAI Shareholding

A number of AI tokens have seen recent significant increases, following Musk’s xAI shareholder announcement, along with other news updates. Artificial intelligence (AI) tokens climbed over the past weekend following news from AI companies about the future of the sector. X Corp owner and Chairman Elon Musk said on Sunday that the company’s shareholders would have a 25% stake in xAI, Musk’s new AI company. Another factor that pumped AI stock over the last few days is news that former OpenAI CEO Sam Altman could return to the company after…

Altcoin Corrections Signal Strong Buy Opportunities: Crypto Analyst

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In a recent analysis shared on X (formerly Twitter), crypto analyst Michaël van de Poppe offered an insightful perspective on the current state of the altcoin market. His analysis draws parallels with historical trends, suggesting that the current corrections in altcoins may present strong buying opportunities for investors. Buy The Altcoin Dips Now? Van de Poppe’s analysis began by noting the ongoing corrections in the altcoin sector, which he interprets as part of a sustained uptrend. “Altcoins have multiple days/weeks correction while still in an uptrend,” he stated, indicating that…

SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading

CryptoX – Cryptocurrency Analysis and News Portal Around 3 billion yen ($20 million) worth of tokenized securities will be issued by real estate firm Ichigo Owners, according to an SBI Holdings press release. The Ichigo Residence Token will be invested “in six highly convenient rental residential properties with excellent access to the city center, and is expected to be the largest issue price ever for an Ichigo Group security token,” the statement said. Source The post SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading appeared first…

SBI and SMFG’s Osaka Digital Exchange to Start Japan Digital Securities Trading

Around 3 billion yen ($20 million) worth of tokenized securities will be issued by real estate firm Ichigo Owners, according to an SBI Holdings press release. The Ichigo Residence Token will be invested “in six highly convenient rental residential properties with excellent access to the city center, and is expected to be the largest issue price ever for an Ichigo Group security token,” the statement said. Source

Mastercard Partners with Feedzai to Leverage AI Tech to Detect and Tackle Crypto Fraud

Mastercard’s partnership with Feedzai aims to address concerns around crypto fraud and money laundering by leveraging artificial intelligence to differentiate between legitimate and fraudulent transactions. Mastercard Inc (NYSE: MA) is strengthening its efforts to identify and prevent fraud associated with crypto exchanges. In an exclusive statement to CNBC, the company revealed a partnership with Feedzai, a regulatory technology platform leveraging artificial intelligence to combat online money laundering and financial scams. Through this collaboration, Feedzai will directly integrate with Mastercard’s CipherTrace Armada platform, which monitors transactions from over 6,000 crypto exchanges…

Bitcoin Inches Close to Key Pre-Halving Price Target Range

Historically, BTC does have a rally before its halving occurs. However, the most certain part of the halving is the rally that comes after the event. Popular social media trader Titan of Crypto has once again affirmed that Bitcoin (BTC) will hit a pre-halving price target of $50,000. He made the announcement late Sunday, as he noted that the $39,000 mark is the price target range floor. Last year, Titan of Crypto predicted a price range of between $39,000 to $50,000 for BTC before the halving. He reminded his X…

Emmett Shear Resumes as OpenAI CEO amidst Leadership Turmoil

OpenAI President Greg Brockman, a pivotal figure in the company’s technical achievements, resigned from the board on the same day as Altman’s dismissal. Following the untimely departure of Sam Altman, Emmett Shear, co-founder of Twitch, has been named as the interim CEO of OpenAI, according to reports. This move aims to provide stability during a tumultuous period for the company. Co-founder and board director Ilya Sutskever delivered the news to staff after a weekend of negotiations with the board of directors, revealing that Altman would not resume his role at…