Almost $350 million went to cryptocurrency wallets associated with ransomware attacks last year, quadruple the level of 2019. ( read original story ...)
Ark Financial’s Crypto Expert Sees Dogecoin Washout, Bitcoin Rivaling Gold
The past few days in cryptocurrencies have been among the most striking yet: a token just days old hit a $45 billion market value, Dogecoin was used to pay for a space mission and Ether scaled new ... ( read original story ...)
Blockbuster tech IPOs propelled SoftBank to Japan’s highest-ever annual profit
Masayoshi Son’s SoftBank Group has reaped $45.8 billion net income for the fiscal year ended March 31, 2021, the highest of any Japanese company—ever. Its fourth quarter alone saw $17.7 billion in ... ( read original story ...)
Legendary Investor Issues ‘Radical’ Fed Warning As Crypto Price ‘Competition’ Between Bitcoin And Ethereum Suddenly Accelerates
As inflation fears swirl, legendary investor Stanley Druckenmiller has warned "the most radical" Fed policy in recent history risks destabilizing the U.S. dollar—with bitcoin a good hedge against ... ( read original story ...)
Coinbase and SoftBank Help Fund Brazilian Crypto Firm
A Brazilian money management firm focused on cryptocurrencies said it raised about $26 million of new funding from investors including SoftBank Group Corp. and Coinbase Global Inc. ( read original story ...)
SoftBank posts $45 billion net profit, Japan’s highest ever
Investment giant Softbank Group on Wednesday reported an annual net profit of $45.8 billion, the best ever for a Japanese company, reaping the reward.. ( read original story ...)
Tokyo 2020 sponsor Toyota “conflicted” over pandemic Olympics
A top executive of Tokyo 2020 Olympic Games sponsor Toyota Motor Corp said officials of the Japanese company felt "conflicted" over the desire to see the Olympics succeed and public concerns about ... ( read original story ...)
Tokyo stocks close lower ahead of US inflation data
Tokyo stocks closed lower Wednesday ahead of US inflation data on concerns over the winding down of American monetary easing, echoing falls on other Asian bourses.The benchmark Nikkei 225 index closed ... ( read original story ...)
Nikkei closes nearly 2% down; Japan shares extend losses as BOJ’s lack of action disappoints
The Nikkei share average fell 1.91 per cent to close at 28,147.51, after falling to the lowest level in more than three months earlier in the session. The broader Topix lost 1.47 per cent to 1,877.95. ( read original story ...)
SoftBank posts $45-B net profit, Japan’s highest ever
Investment giant Softbank Group on Wednesday reported an annual net profit of $45.8 billion, the best ever for a Japanese company, reaping the rewards of tech share rallies to recover from last year's ... ( read original story ...)
Japan’s Nomura still betting on global expansion to lift profit, despite Archegos hit
Nomura Holdings Inc raised its pretax income target for the next fiscal year by 14%, showing the long-cherished ambitions of Japan’s top brokerage and investment bank to join the global elite remain ... ( read original story ...)
NY Attorney General Seeks Injunction Against CoinSeed For Harm To Crypto Consumers
Letitia James, Attorney General of the State of New York, requested a temporary restraining order, preliminary injunction and the appointment of a receiver in the case of Coinseed Inc., a company ... ( read original story ...)
Tokyo stocks move lower ahead of key earnings
Tokyo stocks slipped on Wednesday morning, extending the previous day's rout, as investors awaited the release of earnings reports from major firms including Toyota and SoftBank.The benchmark Nikkei ... ( read original story ...)
Serena Williams may not play in Tokyo Olympics if daughter can’t join her in Japan
If it comes down to it, Serena Williams’ daughter might be the key to whether she makes the trek to Tokyo for the Olympics this summer. Williams said Monday at the Italian Open that she, like many ... ( read original story ...)
Breakingviews – Capital Calls: Japan’s one-woman show flops
WASHINGTON (Reuters Breakingviews) - Concise insights on global finance. XX MARKS SPOT. Progress in diversity isn’t always linear. While the number of female executives is rising in Japan, investors ... ( read original story ...)
Financial Management: Fintech InvestCloud Launches Wealth Advisor Platform by Japan’s Largest Bank, MUFG
InvestCloud, a global Fintech company serving large banks, wealth management platforms and fund managers, revealed that it has launched its Wealth Advisor Platform by Mitsubishi UFJ Financial Group ... ( read original story ...)