DMM Bitcoin, which suffered a private key hack in May that caused a loss of $320 million in Bitcoin is reportedly ceasing efforts to revamp operations.
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Just a few months ago, it was thinking about issuing a stablecoin. Now it’s unsustainable.
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Digital asset platform Progmat and DMM, a Japanese entertainment giant, are collaborating to create a new stablecoin on the Progmat Coin platform. The stablecoin will be used within the Seamoon Protocol, a Web3 network for culture and entertainment. DMM Crypto, a subsidiary of DMM Group, expects to utilize the stablecoin to enhance user experiences and […]
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The DMM conglomerate hopes the coins powering its anime-filled Web3 ecosystem will be used with and among its partners as well.
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