GMO internet

GMO Internet’s Crypto Business Reports $12 Million Loss in 2018

Japanese IT giant GMO Internet has just reported an operating loss of 1.36 billion yen, or about $11.75 million, for…

Japan’s DMM Exiting Cryptocurrency Mining Business

Japanese e-commerce giant DMM.com is reportedly exiting its cryptocurrency mining business due to “deteriorating profitability,” local media reported. This news…

GMO Quits Selling Mining Machines After Crypto Market Downturn

Japanese IT giant GMO Internet has said it will quit making and selling crypto miners following a year of bear…

Japan’s GMO Quits Manufacturing and Selling Mining Machines

Japanese internet giant GMO has announced that it will no longer develop, manufacture, and sell cryptocurrency mining machines. The company…

GMO Reports $5.6 Million Loss for Its Crypto Mining Business in Q3

Japanese IT giant GMO has reported a loss of 640 million yen (about $5.6 million) for its cryptocurrency mining business…

GMO Internet Reports Cryptocurrency Exchange Profit Rose Over 34% in Q3 2018

GMO Internet, the Japanese technology and online finance conglomerate, presented its results for the third quarter of fiscal 2018 on…

GMO Internet Sees Huge Leap in BCH Mining for October

Japanese cryptocurrency mining company GMO Internet Group released its monthly update for October on Nov. 5. The report shows a…

Japanese Internet Giant GMO to Launch Yen-Pegged Cryptocurrency

Japan’s GMO Internet Group has announced plans to issue a yen-pegged stablecoin called GMO Japanese Yen. Already in the crypto…

Internet Giant GMO to Roll Out Yen-Pegged Crypto Stablecoin in 2019

Japanese IT giant GMO Internet is jumping on the stablecoin bandwagon, planning the launch of a yen-pegged cryptocurrency in 2019.…

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