The once-burgeoning realm of crypto and decentralized finance keeps imploding, presenting policy makers with a quandary: Should they just let it burn, or step in to address its now-obvious flaws? The ...
Bankrupt crypto lender BlockFi accidentally reveals it had over $1.2 billion in assets tied up with FTX
Bankrupt crypto lender BlockFi accidentally revealed it had over $1.2 billion in assets tied to FTX and its sister trading arm Alameda Research, according to CNBC. The redacted sections include "trade ...
Sam Bankman-Fried gave $400 million to an obscure crypto-trading firm cofounded by a Jane Street trader just 2 years out of college, report says
Modulo Capital operated out of the same luxury Bahamas resort where Sam Bankman-Fried lived. Like SBF, its cofounders used to work at Jane Street.
Roundup: Japan’s Nikkei ends higher for 4th straight day amid concerns of overheating
Japan's benchmark Nikkei stock index extended its rally to a fourth session Wednesday as cyclical stocks outperformed although gains were subdued amid concerns the market may be overheating. The ...
Japan: Whale meat sold in vending machines as campaigners criticise decision
The three vending machines offer customers whale steak, whale bacon and whale sashimi. A Japanese company has been criticised by animal rights activists after unveiling vending machines selling whale ... ( read original story ...)
Optage to build 14-story data center in Osaka, Japan
Japanese ISP Optage Inc. is to build a new data center in Osaka, Japan. Announced this week, the company said the ‘Optage Sonezaki Data Center’ will be its fifth facility. Construction is set to begin ... ( read original story ...)
Passenger gives birth on Emirates flight from Tokyo to Dubai
An Emirates flight from Tokyo Narita to Dubai International touched down with an extra traveler on board, after a passenger gave birth in the air. Parent and baby were reported to be stable and were ... ( read original story ...)
4.9 magnitude earthquake strikes off Fukushima in Japan
An earthquake measuring 4.9 magnitude on the Richter scale shook Japan's Fukushima Prefecture on Wednesday.According to Japan Meteorological Agency, the quake's ... ( read original story ...)
Heavy snow causes havoc in Japan as cold snap sweeps through Asia
TOKYO (Reuters) -Heavy snow blanketed wide swathes of Japan on Wednesday, snarling traffic, forcing hundreds of flight cancellations, disrupting train travel and leaving at least one person dead. An unusually cold weather front and extreme low pressure systems set snow falling and strong winds blowing across Japan from Tuesday after causing havoc in other Asia ...
From China to Japan, extreme cold is gripping East Asia. Experts say it’s the ‘new norm’
Tens of millions of people across East Asia braved a severe cold snap Wednesday as subzero temperatures and heavy snow brought travel chaos during the Lunar New Year holiday, with climate experts warning that such extreme weather events had become the "new norm. ( read original story ...)
Elderly Tokyo woman swindled out of over 700,000 dollars in cryptocurrency
An elderly woman in Tokyo has been swindled out of 97 million yen, or about 744,000 dollars, in cryptocurrency after receiving a fraudulent phone call warning her that her bank account was being used ...
Delta Air Lines To Cancel Flights To Nagoya
Delta Air Lines is canceling its one remaining route to Nagoya, after flying to the Japanese city for over 32 years. The US carrier currently operates three flights per week from its hub at Detroit ... ( read original story ...)
Japan cuts economic view as exports to Asia weaken
Japan cut its view on the overall economy for the first time in 11 months in January, as China's COVID-19 infections and a slowdown in global demand for tech and semiconductors hurt exports, especially to Asia. ( read original story ...)
Partners Group continues to strengthen its presence in Japan with the appointment of Teppei Kawai as Country Head
CET/CEST Toyko, Japan; 25 January 2023 Partners Group, a leading global private markets firm, today announces the appointment of Teppei Kawai as Managing Director, Head of Client Solutions Japan, and ... ( read original story ...)
KDDI deploys commercial O-RAN in Osaka
KDDI, in cooperation with Samsung and Fujitsu has started the commercial deployment of O-RAN compliant 5G sites in Osaka. KDDI has been developing O-RAN compliant 5G Open vRAN sites using Samsung’s ... ( read original story ...)
Tokyo stocks rise for 4th straight day, strong steel shares buoy mood
Tokyo stocks extended their winning streak to four days Wednesday with strong steelmaker issues and other cyclical stocks buoying sen ... ( read original story ...)