Beginning in June, a C02 capture test unit manufactured by Mitsubishi Heavy Industries Engineering Ltd, is planned to be installed at a Tokuyama Corporation cement plant. The test will look at ... ( read original story ...)
Reinsurers set for calm Japanese renewal as XoL rate increases taper off
Reinsurers anticipate an orderly 1 April renewal of Japanese property reinsurance contracts, although some have expressed disappointment that the strong increases seen in 2020 and 2021 have tapered ... ( read original story ...)
A Banking Analyst Calls Crypto A Solution In Search Of A Need
A traditional crypto-based transaction can certainly carry remittance information that would be helpful in updating ERP systems, but we already have ISO 20022 which can be used to carry that ... ( read original story ...)
UK regulator extends deadline for crypto firms to make it onto a key register
A select few firms, including Revolut and Copper, will be allowed to continue trading after a temporary register closes Friday, the FCA said. ( read original story ...)
CoinDesk exec says latest crypto heist ‘one of the biggest’ in history
Pete Pachal, CoinDesk's chief of staff for the content team, weighed in on “one of the biggest hacks in crypto history” on Wednesday, ... ( read original story ...)
Popular Crypto Firm Axie Infinity Lost $625 Million in a Hack
The theft was discovered several days later, raising questions about the vulnerabilities of decentralized finance (DeFi). ( read original story ...)
Charting Crypto: Bitcoin Looks to Break Above 200-Day Moving Average
Katie Stockton of Fairlead Strategies takes us through a technical analysis of Bitcoin and Ether using some her top charts. She's on "Bloomberg Crypto" with Kailey Leinz. (Source: Bloomberg) ... ( read original story ...)
Explainer: Ronin’s $615 million crypto heist
Hackers have stolen cryptocurrency worth almost $615 million from a blockchain project linked to popular online game Axie Infinity, the latest cyberheist to hit the digital asset sector. ( read original story ...)
Crypto’s Most Powerful Regulator Is Here
State watchdogs have filled that vacuum, making Adrienne Harris, the head of the New York State Department of Financial Services, by default the most powerful crypto regulator in the country. While ... ( read original story ...)
Crypto industry dives into the midterms, raising millions to court Democrats
The crypto industry is rolling out a multimillion-dollar campaign to elect friendly candidates in the midterm elections as regulators zero in on the sector. ( read original story ...)
NVIDIA and Arm unveil AI superchip as $60bn target is set for IPO
As its Japanese parent plots a $60 billion-plus Nasdaq IPO for Arm, the Cambridge company is working with NVIDIA on a new superchip that would power-charge Artificial Intelligence and the host of ... ( read original story ...)
Bank of Japan chief plays down yen impact of bond-buying operations
Gov. Kuroda met Kishida after another morning of aggressive moves by the BOJ to keep a lid on 10-year yields that have been hovering close to the central bank’s upper limit. ( read original story ...)
Japan’s Shinsei to set path in three years to repay $3 bln public funds
Japan's Shinsei Bank Ltd 8303.T will in three years have a plan in place to repay $3 billion in public funds as it ... ( read original story ...)
Japan to change age of adulthood for the first time since the Meiji Era of the late 1800s
Japan will change its legal definition of an adult from those who are at least 20 years old to those who are 18 years old and older. The change will upend over 140 years of civil code dating back to ... ( read original story ...)
Surging Japanese yen triggers fall in Tokyo stocks on expected BOJ intervention
A stronger Japanese yen against the U.S. dollar that briefly hit the lower 121 yen level on Wednesday triggered a decline in Tokyo stocks on expectations that the Bank of Japan (BOJ) and the Japanese ... ( read original story ...)
Factbox: Crypto’s biggest hacks and heists
Hackers have stolen cryptocurrency worth almost $615 million from a blockchain project linked to the popular online game Axie Infinity, in the latest cyberheist to hit the digital asset sector. ( read original story ...)