Crypto assets have seen a massive fall from their late 2021 highs. Coinbase Global (COIN) has fallen 78.5% year-to-date due to the highly uncertain macroeconomic environment. Despite its poor ... ( read original story ...)
Japan’s SmartBank raises $20M Series A for its prepaid card and finance app
Shota Horii, his twin brother Yuta Horii and Jun Taketani co-founded SmartBank in 2019 after selling their previous startup Fablic, a Japanese online secondhand marketplace, to Rakuten in 2016. While ... ( read original story ...)
Best Crypto to Buy In the Crash – Top Coins to Buy on the Dip
In this market insight, we explore the 10 best crypto to buy during the crash for maximum upside potential. Based on current market trends and future prospects, we found that the 10 projects listed ... ( read original story ...)
Best Crypto Winter Tokens – Top Coins to Invest in
We are now firmly in a crypto winter – meaning that digital asset prices have taken a significant hit in recent months. On the other hand, this allows investors to buy a range of crypto tokens at a ... ( read original story ...)
UPDATE 1-Tokyo court orders ex-Tepco execs to pay $95 bln damages over Fukushima disaster
The Tokyo district court on Wednesday ordered four former executives of Tokyo Electric Power Company (Tepco) to pay 13 trillion yen ($95 billion) in damages to the operator of the wrecked Fukushima ... ( read original story ...)
Crypto needs regulation — technology can’t remove all financial risks, BOE’s Cunliffe says
Speaking in Singapore, Bank of England Deputy Governer Jon Cunliffe said regulators need to "get on the job" of regulating cryptos, and shared insights on ... ( read original story ...)
Japan’s ‘Womenomics’ Needs Reboot To Boost GDP By 15%
Countries and companies that best harness female talent are the most innovative, productive and inclusive. And yet none of Japan’s leaders so far this millennium has bothered to empower women. ( read original story ...)
Inside Celsius: how one of crypto’s biggest lenders ground to a halt
Former employees and internal documents suggest a reckless pursuit of high returns put the company in a poor position to ride out this year’s market turbulence ... ( read original story ...)
Japan’s MUFG Is Said to Consider Bid for Indonesia’s Panin Bank
Mitsubishi UFJ Financial Group Inc. is considering a bid for PT Bank Pan Indonesia, people familiar with the matter said, as the Japanese banking giant seeks to bolster its presence in Southeast ... ( read original story ...)
Lawsuit talk as Osaka rejects IR land deal probe: report
An attorney plans a lawsuit after anti-casino citizens in Osaka were told the city’s audit committee declined to probe the land lease deal for a gaming resort in that Japanese metropolis, according to ... ( read original story ...)
Japan’s Nikkei buoyed by chips, airlines but drag from energy caps gain
Japan's Nikkei share average rebounded on Wednesday, lifted by chip-related stocks and airlines, but gains were capped by a big drop in energy shares as crude oil fell amid worries about the global ... ( read original story ...)
Two Prominent Crypto-Fund Managers Are on the Lam
The founders of Three Arrows Capital, media-savvy former billionaires with blue-chip credentials, have simply disappeared. ( read original story ...)
New York judge freezes assets of Three Arrows Capital as crypto firm’s founders remain underground
A federal judge in a New York bankruptcy court has frozen the remaining assets of crypto hedge fund Three Arrows Capital. ( read original story ...)
Call crypto out
Given this reality, the bluntness of a recent speech on crypto regulation by Lael Brainard, the Fed vice chair, is almost shocking. True, Brainard didn’t go as far as Jim Chanos, the famous ... ( read original story ...)
It’s Officially Too Hot for Crypto Mining in Texas
Multiple mining operations reported they were voluntarily temporarily reducing operations during spikes in energy demand on a traditionally spotty grid. ( read original story ...)
Nikkei says Nikon to stop making DSLRs, Nikon says it’s still making, selling & servicing them
Business publication Nikkei is reporting Nikon is shutting down DSLR production in favor of mirrorless cameras. Nikon, however, says it's continuing to make, sell and support its line of DSLR cameras. ( read original story ...)