B ritish chip designer Arm Ltd. is eyeing a target valuation between $50 billion and $55 billion for its blockbuster initial public offering, according to people familiar with the matter.
Dovish Bank of Japan policymaker warns against premature monetary tightening
Bank of Japan board member Toyoaki Nakamura said on Thursday it was premature to tighten monetary policy, as recent increases in inflation were mostly driven by higher import costs rather than wage ...
Don’t blame Uniswap for crypto scams, judge rules—and she’s right
T he crypto world dodged a bullet this week when a New York federal judge shot down claims that the Uniswap should compensate those who got fleeced buying scam tokens on the decentralized platform.
Japan’s Biggest Bank with $3.1 Trillion in Assets Under Management Embraces Crypto and Ripple’s XRP
Japan's largest bank, MUFG, partnered with Ginco to offer crypto asset trust services, marking its return to the cryptocurrency arena.
Instacart, Among the Biggest Beneficiaries of Covid Quarantines, Files for IPO
Michael Loccisano/Getty Images Grocery delivery app Instacart, among the biggest beneficiaries from Covid quarantines, filed an application for an Initial Public Offering (IPO) on Friday after ...
Here’s Why Anonymous NFT And Crypto Founders Continue To Gain Popularity
While journalists at the New York Times published warnings about pseudonymous crypto founders, they have also celebrated anonymous White House whistleblowers and authors.
Why Crypto Miner Stocks Rocketed Higher This Week
This week was generally a good one for cryptocurrencies, so it followed that crypto mining stocks also saw price increases. According to data compiled by S&P Global Market Intelligence, some of the ...
SoftBank-backed Arm targets $50bn-$55bn valuation range as it pitches IPO
Chip designer Arm is targeting a valuation range of $50bn-$55bn in its initial public offering, below the $64bn given by its owner SoftBank in a transaction less than a month ago, according to people ...
Japan’s Topix climbs 33-year peak on bargain hunting
Strong demand from foreign investors for heavyweight stocks had lifted the benchmark Nikkei to 33-year high in June, but they took a pause from buying recently, with data showing two consecutive weeks ...
Ripple Opposes SEC Appeal of Ruling That Crypto Isn’t a Security
Ripple Labs objected to the Securities and Exchange Commission’s request to appeal a federal judge’s ruling that cryptocurrency wasn’t a security when sold to the public.
Arm Looks to Target IPO at $50 Billion-$55 Billion Valuation
B ritish chip designer Arm Ltd. is eyeing a target valuation between $50 billion and $55 billion for its blockbuster initial public offering, according to people familiar with the matter.
Linkage Global Files for IPO
Linkage is a holding company incorporated in the Cayman Islands that conducts operations through operating entities in Japan, Hong Kong and mainland ... The company said it would size its IPO at 1.5 ...
Japan stocks higher at close of trade; Nikkei 225 up 0.41%
Japan stocks were higher after the close on Friday, as gains in the Precision Instruments, Shipbuilding and Banking sectors led shares higher. At the close in Tokyo, the Nikkei 225 rose 0.41% to hit a ...
Gary Gensler’s Crypto Approach Likely Won’t Be Slowed By The Courts
Gary Gensler has had high-profile defeats in court lately, but it will not lead to a change from his regulation-by-enforcement strategy.
How AI is making it easier for crypto firms to locate gig workers
Today, AI is accelerating the push toward gig work by making it easier for crypto firms to locate workers, according to Tyler Ashby, president of Agents Only, a "Gig 2.0" customer service platform. We ...
Q&A With Silicon Valley Prosecutor Taking Aim at Crypto ‘Pig-Butchering’ Scams
Erin West, a Santa Clara deputy district attorney, is known in crypto law-enforcement circles for raising awareness on the scams and helping victims get their money back.