Line shuts down crypto exchange to focus on blockchain and LN token

The Japanese messaging giant Line has decided to shut down its cryptocurrency exchange business amid the ongoing crypto winter. Line-owned crypto exchange Bitfront officially announced on Nov. 27 a plan to completely close down the platform by March 2023. According to the statement, the closure was driven by the continued cryptocurrency bear market and other […]

Japan’s most popular social messaging app Line adds NFT marketplace

Japan’s largest social media app, Line has officially launched its own non-fungible token (NFT) marketplace called LINE NFT.  Partnering with Yoshimoto Kogyo, a major Japanese entertainment conglomerate — the LVC Corporation, Line’s crypto and blockchain manager — will offer approximately 40,000 different NFTs to its 90 million users. The first wave of soon-to-be-released NFTs will […]