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Month: August 2022

Posted on 03/08/2022

EU securities watchdog to arm itself with crypto data

The European Union's securities watchdog has begun preparations for increased scrutiny of crypto transactions after the bloc agreed groundbreaking rules to regulate what it called a "Wild West" sector ...

Posted on 03/08/2022

Thousands of Solana crypto wallets drained in yet another massive hack

Just a day after a massive hack resulted in roughly $190 million of crypto assets missing from Ronin crypto bridge, Solana users appear to be targeted by a widespread hack, with crypto assets being ...

Posted on 03/08/2022

China’s Problem Isn’t Nancy Pelosi —It’s Turning Japanese

Covid-19, crashing property values, inflation, Nancy Pelosi, you name it. But the Chinese president’s biggest problem might be in Tokyo. Something strange is going on amongst Chinese banks: a whole ...

Posted on 03/08/2022

No worries about U.S. demand for now, Japan’s Subaru says

Japan's Subaru Corp expects strong demand from U.S. car buyers to continue, a senior executive said on Wednesday, amid growing concern about a slowdown in the world's largest economy. Chief Financial ...

Posted on 03/08/2022

Japan’s Nikkei rises as investors pick up firms with positive earnings

Japan's Nikkei index ended higher on Wednesday, rebounding from the previous session's losses, as investors scooped up shares of Daikin Industries and other firms that reported robust earnings. The ...

Posted on 03/08/2022

A Japanese cabin in the woods became a Covid escape for two Hongkongers, and was a source of inspiration for their work

The co-founders of AB Concept, who designed Argo at the Four Seasons Hotel Hong Kong, spent 27 months in their holiday home in a Japanese forest avoiding Covid The duo have emerged with more projects ... ( read original story ...)

Posted on 03/08/2022

New York regulators slap Robinhood’s crypto business with $30 million fine

In the latest in what seems to be a string of challenges the company has to grapple with, Robinhood's crypto division has been slapped with a $30 million fine by the New York State Department of ...

Posted on 03/08/2022

Are There Opportunities In Emerging Markets, Metaverse Or Crypto Right Now? What Legendary Investor Mark Mobius Thinks

Emerging markets expert and founder of Mobius Capital Partners, Mark Mobius, is not piqued by the metaverse but thinks the companies that are creating it could be an interesting opportunity. He also ...

Posted on 03/08/2022

Two Orange County men sentenced to federal prison for $1.9-million crypto scheme

The men conned more than 2,000 investors into buying a cryptocurrency called Drops and used the invested money to line their own pockets, prosecutors said.

Posted on 03/08/2022

The crypto crash is bad news for ransomware criminals

As the price of bitcoin and other crypto tokens has tumbled, even criminals have felt the pinch. Benjamin Pimentel ( @benpimentel) covers crypto and fintech from San Francisco. He has reported on many ...

Posted on 03/08/2022

Robinhood lays off 23% of its staff, blaming crypto meltdown and inflation.

Robinhood declined to comment on the layoffs. The announcement followed closely on the heels of cuts in April, when Robinhood laid off 340 workers, or about 9 percent of its employees at the time.

Posted on 03/08/2022

NY fines Robinhood Crypto $30M for skirting banking rules

An examination of operations found the company's compliance with banking regulations had not kept up with growth.

Posted on 03/08/2022

Japan’s Nomura Q1 Net Profit Slumps 96.5% on Market Headwinds

Nomura Holdings Inc, Japan's biggest brokerage and investment bank, on Wednesday reported a 96.5% drop in first-quarter net profit as financial market turbulence battered investment banking and asset ...

Posted on 03/08/2022

Global Deployment of Daigas Group’s Onsite Hydrogen Generation Technology with Hyundai Rotem Company

Daigas Gas and Power Solution Co., Ltd. ("DGPS"), a 100% subsidiary of Osaka Gas Co., Ltd. (TOKYO: 9532), has established an expanded business collaboration for onsite hydrogen generator technology ...

Posted on 03/08/2022

Tennis-Japan’s Osaka makes winning return, sets up Gauff showdown

Four-time major winner Naomi Osaka returned to action for the first time since May with a 6-4 3-6 6-1 win over Zheng Qinwen at the Silicon Valley Classic on Tuesday, setting up a mouth-watering clash ... ( read original story ...)

Posted on 03/08/2022

Wife of Navy Lieutenant imprisoned in Japan reveals young child’s response

The spouse of Navy Lt. Ridge Alkonis said his sentence to three years in a Japanese president has been hard, most notably for their children who are without their father. ( read original story ...)

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