Lisk

Despite the downbeat market, blockchain-based tech — from the internet of things to the metaverse — is primed to represent trillions in new value by 2030.

Bitflyer showed 2019 losses, blockchain startup LayerX raised millions, and more headlined news from Japan this past week.

This week’s news from Japan included falling trading volume, statements on China’s digital currency, a Lisk staking announcement and a blockchain-based letter of credit.

Lisk’s Lightcurve team reduces workforce by 40% in an attempt to reduce operational overheads and become more agile again.

80% of the total supply of Bitcoin has now been mined, driving up the difficulty and cost of mining.