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Category: FINANCE

Posted on 14/10/2023

Japan finance chief sends warning after yen’s renewed weakening

JAPAN’S finance minister Shunichi Suzuki sent a warning shot to investors on Friday (Oct 13), relating that he had told his group of 20 counterparts that there will be cases when appropriate responses ...

Posted on 14/10/2023

Japan tells G20 it may need to act in FX market-finmin Suzuki

Japanese Finance Minister Shunichi Suzuki said on Friday he told his Group of 20 (G20) counterparts that Tokyo may need to take appropriate action depending on moves in the currency market. In a news ...

Posted on 14/10/2023

After Ellison, Crypto Takes Center Stage at Bankman-Fried Trial

After three days of riveting testimony in the case against FTX co-founder Sam Bankman-Fried, a Manhattan federal courtroom got pulled into the inner workings of the business that drives the market at ...

Posted on 14/10/2023

The Same Celebrities Who Shilled Crypto Are Now Turning Themselves Into Facebook’s AI Chatbots

Meta-formerly-Facebook CEO Mark Zuckerberg got on stage, unveiling a slew of new AI chatbots, each of which are based on a who's who of celebrities. There's a "wisecracking sports debater" called Bru, ...

Posted on 14/10/2023

Even after Sam Bankman-Fried’s arrest, the crypto industry remains full of men acting like boys

W hen Caroline Ellison strode into court this week to testify against one-time romantic and business partner Sam Bankman-Fried, I felt several things as a woman who has built a company in the same ...

Posted on 13/10/2023

Warren Buffett Revealed To Be Quietly Make Bank From Bitcoin And Crypto Amid Price Swings

A new analysis of Warren Buffett's Berkshire Hathaway stock portfolio has revealed the Oracle of Omaha's best-performing investment this year is bitcoin and crypto-friendly ...

Posted on 13/10/2023

Hamas uses crypto to raise money. Elizabeth Warren has a plan for that.

Hamas was an early adopter of using cryptocurrencies for financing, according to TRM Labs, a blockchain intelligence company. Though most of the group’s funding comes from other sources, groups linked ...

Posted on 13/10/2023

Netmarble’s Marblex Listed on Japan’s Zaif Crypto Exchange

Marblex, the blockchain unit of South Koreas Netmarble Corp. game developer, took a huge step to increase its presence in the Japanese Web 3.0 market. It has listed the company on Japans ...

Posted on 13/10/2023

Request Finance Hits $400M Milestone in Crypto Payments, Unveils the Ultimate Guide to Crypto Treasury Management

SINGAPORE, Oct. 13, 2023 /PRNewswire/ -- Request Finance, the leading enterprise crypto payments app, has achieved a remarkable milestone, processing over $400 million in crypto invoices, payroll, and ...

Posted on 13/10/2023

Japan’s Nikkei snaps win streak on Fed jitters; Uniqlo owner’s rally caps losses

Even with Friday's sizeable selloff, the Nikkei still gained 4.26% for the week, snapping a three-week losing run ...

Posted on 13/10/2023

It was Bankman-Fried’s decision to raid billions from sister crypto company, star witness testifies

Fried’s federal fraud trial that in the final days of Alameda Research, she admitted wrongdoing to her employees in an all-hands meeting, telling them the decision to borrow funds from customers of ...

Posted on 13/10/2023

Japan’s banking regulator to order report on glitch from network operator

NHK has learned that Japan's banking regulator will order the operator of a major interbank payment system to submit a report about a recent extensive system glitch.

Posted on 13/10/2023

Japan’s Zenkin Net Faces Nationwide Disruption, Affecting Over 2.55 Million Transactions

Nationwide Disruption in Japan’s Banking Network In a major breach of Japan’s banking infrastructure, the country’s interbank network, Zenkin Net, experienced a significant system malfunction. The ...

Posted on 13/10/2023

Asia-Pacific stocks set to fall ahead of China inflation data

Asia-Pacific markets are set to fall ahead of China’s inflation and trade data for September. China is slated to release inflation numbers early Friday. Analysts polled by Reuters expect the country’s ...

Posted on 13/10/2023

This Week In Credit Card News: Hamas Funded Attack Through Crypto; Are Your Credit Card Rewards At Risk?

The Consumer Financial Protection Bureau is preparing to take a closer look at credit card rewards programs. CFPB Director Rohit Chopra said his agency is eyeing new guidance for how the Electronic ...

Posted on 13/10/2023

FTC sues bankrupt crypto company Voyager’s CEO over false FDIC insurance claims

After settling on Thursday with the Federal Trade Commission (FTC), bankrupt crypto company Voyager is permanently banned from handling consumers' assets. When a bank or financial service is FDIC ...

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