Crypto broker Genesis is preparing to file for bankruptcy as soon as this week, according to people familiar with the matter, as the company works towards a deal with creditors after months of wrangling.
Crypto publication CoinDesk hires Lazard to explore sale as crisis deepens at parent company DCG
Crypto publication CoinDesk has engaged Lazard to mull a full or partial sale of the business, a subsidiary of Barry Silbert's Digital Currency Group.
AI Is Not the New Crypto
The torrent of investor money that flowed into crypto is now hitting the AI scene. We’re already seeing the results.
FTX Founder Gamed Markets, Crypto Rivals Say
Sam Bankman-Fried found ways to control the prices of digital coins to benefit his companies, FTX and Alameda, according to cryptocurrency investors.
Asia-Pacific stocks set to drop, tracking losses on Wall Street
Shares in the Asia-Pacific are set to decline after tracking losses on Wall Street. In Australia, the S&P/ASX 200 dipped fractionally. The Nikkei futures contract in Chicago was at 26,515 while its ...
Japan logs trade deficit again in Dec as imports outpace exports -MOF
Japan's exports rose 11.5% in December from a year earlier while imports grew 20.6%, resulting in a trade deficit worth 1.45 trillion yen ($11.27 billion), Ministry of Finance data showed on Thursday.
Japan Exports Logged 22nd Straight Month of Growth in December
By Yang Jie Japan's exports rose for the 22nd consecutive month in December 2022, driven by overseas demand for autos and mineral fuels, Ministry of ...
Most Japan firms heed PM Kishida’s call to raise wages this year: Reuters Poll
More than half of Japanese companies are planning to raise wages this year, according to a Reuters monthly poll, meeting a key request from Prime Minister Fumio Kishida to help workers cope with ... ( read original story ...)
Japan Reinstates Its Domestic Travel Discount Program, Here’s Who Qualifies
Japan’s domestic travel discount program was suspended at the end of 2022 through the New Year holiday season, but it is back! ( read original story ...)
HeartCore Signs Sixth and Seventh Go IPO Agreement
HeartC, Inc. (“HeartCore” or the “Company”), a leading software development company, announced that it has signed an agreement (“Consulting Agreement”) with kk.BloomZ (“BloomZ”) and a Japanese ...
Japan’s extraordinarily expensive defence of its monetary policy
Yet defending the policy is becoming astonishingly costly. The boj’s difficult decisions are not going away. Yield-curve control was introduced by the bank in 2016 as part of an aggressive programme ...
Japan eyes 4.5 tril. yen rise in debt costs in FY 2026 on high yields
The Finance Ministry expects higher long-term interest rates to push up Japan's debt-servicing costs in fiscal 2026 by around 4.5 trillion yen ($35 billion) from the next fiscal year, government ...
Feds arrest Russian crypto operator on suspicion of criminal activities
US authorities arrested a Russian cryptocurrency executive who allegedly exchanged hundreds of millions of dollars with drug traffickers and cybercriminals.
DOJ charges founder of crypto exchange Bitzlato for processing $700M of illegal funds
In a press conference on Wednesday, the U.S. Department of Justice announced that it has arrested Anatoly Legkodymov, founder of crypto exchange Bitzlato, for allegedly processing over $700 million of ...
Coinbase halting operations in Japan a week after laying off hundreds of employees
Coinbase will stop its operations in Japan due to market conditions after announcing the company would layoff 950 employees to reduce operating expenses. ( read original story ...)
B.League: Thirdy Ravena delivers for San-en, Ray Parks sinks crucial FTs in Nagoya win
Thirdy Ravena sustained his fine play to lead the San-En NeoPhoenix in taking down the Toyama Grouses, 102-92, in the 2022-23 Japan B.League on Wednesday at Toyohashi City ... ( read original story ...)