The crypto sector posted layoff numbers ranging 8-13 times above average following the collapses of Terra and FTX, according to a recent CoinGecko study.
Idorsia shares sink on ‘unexpected’ failure of drug study
The Actelion spinout’s drug clazosentan, which is approved for use in Japan, didn’t significantly outperform a placebo in a Phase 3 study of patients with a particular type of stroke.
Bitcoin struggles around $23,000 level as new-year rally loses steam
The price of bitcoin dipped below $23,000 over the weekend as investors digested the latest U.S. employment numbers and looked toward a batch of Federal Reserve member speeches. Bitcoin fell as low as ...
Crypto Market Sentiment Improves as Investors Await the Fed’s Next Move
This is different to the end of last year and the start of 2023, when investors were pulling money out of exchange-traded products and similar crypto investment vehicles, mainly down to a brutal bear ...
Crypto Ads Are Out at This Year’s Super Bowl
Busch, gave up its deal to be the exclusive alcohol shilled during the football game’s coveted commercial time, helping usher in a banner year for booze advertising. While the 2022 Super Bowl saw ...
Crypto industry will ‘come up with new things’ and national digital currencies are moving ahead despite recent turmoil, BIS says
"I would assume that the industry will learn from these failures and they will come up with new things," head of the BIS Innovation Hub told Reuters.
FTX has chased politicians like Nancy Pelosi to return donations given before the crypto giant’s collapse. They now have a deadline of February 28 to pay.
FTX previously asked for the money to be returned in December; donor recipients now have until the end of February to return funds.
Crypto firms face big penalties, including jail time, for unauthorized ads following the FTX disaster, UK financial regulator says
Breaches of the new financial promotions guidelines can lead up to a two-year prison sentence, according to the UK regulator.
How Investors Can Improve Crypto Due Diligence
In the aftermath of FTX, whose management team and structure allegedly managed to deceive some of the largest venture capital firms in the world, the importance of due diligence in the crypto space ...
Crypto’s 2023 Job Cuts Run Into Thousands After Just Five Weeks
Crypto companies are continuing to shed workers around the world in the aftermath of last year’s bear market, taking job losses in just the first five weeks of the year into the thousands.
UK watchdog warns crypto firms to prepare for tougher rules on adverts
Britain's financial watchdog warned crypto businesses on Monday to get ready for tighter rules on advertising later in the year, warning that any breaches could mean up to two years in prison.
Japan’s Isozaki: No truth to report Deputy Gov Amamiya sounded out for next BoJ governor
Japan’s Deputy Chief Cabinet Secretary Yoshihiko Isozaki clarified on Monday that there is “no truth to report Bank of Japan (BoJ) Deputy Gov Amamiya sounded out for the next BoJ governor. Earlier on, ...
Super Bowl LVI was crypto’s coming out party. This year, the party’s over
Super Bowl LVI was the crypto world's coming out party. Buzzy firms made bold pitches last year, and shelled out millions of dollars on ads encouraging viewers not to be afraid of this new-fangled ...
‘In Excess Of A Trillion Dollars’—Bitcoin And Crypto Mogul Reveals Wild ChatGPT Plan
Bitcoin and crypto mogul Justin Sun, the creator of the tron blockchain and cryptocurrency, has proposed a "framework" to provide an "AI-oriented decentralized payment framework" for ...
From ‘hi mum’ to crypto fraud: five of the latest scams to watch out for
Australians are losing millions of dollars a week to increasingly common swindles. How can you avoid them?
Japan Approaches Amamiya for BOJ Governor, Nikkei Says
The Japanese government has approached Bank of Japan Deputy Governor Masayoshi Amamiya about succeeding Haruhiko Kuroda as head of the central bank, according to a Nikkei report that initially sent ...