When Gov. Yuriko Koike took office in 2016 under the banner of making Tokyo the premier Asian financial hub again, the city was ranked as the world's No. 5 financial center. Now the Japanese capital ...
Japan’s Hagiuda Says No-Confidence Motion Could Dissolve Diet
The policy chief for Japan’s ruling Liberal Democratic Party said a no-confidence motion being considered by an opposition party may be a cause for dissolving parliament, leading to a general election ...
Two Russians Charged with Hacking Mt. Gox Bitcoin Exchange, Allegations Claim 647,000 Bitcoins Involved in Money Laundering
The US Department of Justice has charged two Russians, Alexey Bilyuchenko, 43, and Aleksandr Verner, 29, with the hacking of Mt. Gox. The crypto exchange was ...
Bank of Japan’s Ueda flags shift in corporate pricing, upward inflation bias
Bank of Japan Governor Kazuo Ueda said the country's corporate price-setting behaviour was showing changes that could work to push up inflation more than expected, suggesting the economy was making ...
Since Three Arrows Capital collapsed, the crypto fund’s founders have reportedly been meditating in Bali, learning to surf, and taking shrooms
As the collapse of their hedge fund left the crypto world reeling, Kyle Davies and Su Zhu flew to Bali, according to a report in The New York Times.
Crypto Firms Keep Getting Sued Over Staking Services – Why Investors Should Care
Crypto staking allows all investors to create wealth; it is being harmed due to a murky and antagonistic regulatory environment
The surprise wildcard in tiny Montenegro’s election: a notorious crypto fugitive
Ponzi schemer Do Kwon, who is in prison over the collapse of the Terra stablecoin, could shape Sunday's election. Here's why.
Bank of Japan set to keep ultra-low rates, may signal inflation overshoot
The Bank of Japan (BOJ) is expected to maintain ultra-loose monetary policy next week and its forecast for a moderate economic recovery, as robust corporate and household spending cushion the blow ...
Crypto’s insecurity complex
The crypto industry purports to be decentralized. That word implies many things, including the idea that cryptocurrencies are financial instruments free from the control of governments or central banks.
Japan stocks higher at close of trade; Nikkei 225 up 1.97%
Japan stocks were higher after the close on Friday, as gains in the Chemical, Petroleum & Plastic, Railway & Bus and Gas & Water sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 1 ...
Japan firms’ share buybacks to reach record level in 2023: survey
The total amount of share buybacks in 2023 by companies listed on the Tokyo bourse is likely to come close to last year's record leve ...
Feds Say They’ve Finally Identified the Hackers Behind the Mt. Gox Crypto Collapse
The Department of Justice unsealed an indictment Friday that claims to identify the two hackers who brought down the notorious Mt. Gox cryptocurrency exchange more than a decade ago.
Crypto.com Arena Keeping Controversial Name Despite Exchange Shut Down
Crypto.com announced Friday its institutional exchange service for U.S. customers would cease operations, giving way to reports the cryptocurrency exchange could lose naming rights to the storied downtown Los Angeles arena formerly known as the Staples Center.
Tokens delisted, exchange closed following SEC crypto lawsuits
The popular stock trading app Robinhood announced on Friday that the company would be delisting all of the cryptocurrency tokens that trade on its platform that the SEC classified as unregistered securities. According to Robinhood, it will end support for the crypto tokens Cardano (ADA), Polygon (MATIC), and Solana (SOL) after June 27.
Binance.US tells customers to withdraw their cash from the exchange as the SEC pursues its ‘ideological’ attack on the crypto industry
"The SEC has taken to using extremely aggressive and intimidating tactics in its pursuit of an ideological campaign," Binance.US said in a statement.
Here’s What Two Crypto Bros Are Doing a Year After Their Company Went Bankrupt
Davies and Zhu, however, departed Singapore (where the company was based) and spent time in Bali. Zhu eventually returned to Singapore, where he lives in a $35 million luxury home, according to media reports.