The founder of the crypto exchange, until recently seen as a steady hand in the Wild West of digital assets, is now under investigation and his company filed for bankruptcy. HIs downfall cast a shadow ...
Washington turns up heat on crypto ‘darling’ Sam Bankman-Fried following FTX bankruptcy
The company's implosion has led the Biden White House and two powerful committee chairs to publicly criticize FTX and call for tighter industry oversight.
Op-ed: Crypto markets need regulation to avoid more washouts like FTX, says Coinbase CEO Brian Armstrong
The U.S. can take the lead by providing clear, business-forward regulation on crypto, writes Coinbase CEO Brian Armstrong ...
SoftBank reports Q2 profit but announces more Vision Fund pain with FTX writedown
Japan's SoftBank Group Corp reported its first quarterly profit in three quarters, buoyed by paring some of its stake in China's Alibaba even as its massive Vision Fund unit posted another heavy ...
Why Japan Hates Their Most Famous Artist, Takashi Murakami
S ANDY WARHOL Carlos is joined by famed Japanese artist, Takashi Murakami, known for his brightly colored, clip art flowers. Murakami opens up about his partnerships from Louis Vuitton to Kanye, and ... ( read original story ...)
Subscriber Picks: Business class to Tokyo for $1,956: Fly for less on alternative airlines | Is FTX’s fall the ‘Lehman moment’ for crypto?
Subscriber picks is a weekly curation of the best from The Straits Times - where we bring you exclusive reports, in-depth analyses, and the latest happenings in Singapore and beyond. Read more at ... ( read original story ...)
Yokohama posts double-digit gains in Q3 sales, profits
Buoyed by the impact of higher selling prices and increased sales volumes, Yokohama Rubber posted double-digit gains in operating income and sales for the three-month period ended Sept. 30, ... ( read original story ...)
Crypto CEO warns his industry faces 2008-style crisis, calls regulator scrutiny ‘a good thing’
The reeling crypto industry faces a 2008-style crisis that will lead to a much-needed regulatory crackdown, crypto CEO Changpeng Zhao warned on Friday.
Giants looking at hard-throwing pitcher Kodai Senga of Japan
The San Francisco Giants ’ well-chronicled pursuit of big-time hitters including Aaron Judge has overshadowed the fact they also need another high-end starting pitcher after Carlos Rodón opted out of ... ( read original story ...)
Lose big on crypto? Here’s how to reduce the sting
If you bought a cryptocurrency when it was on the rise and sold your holding this year -- or are considering doing so -- there are at least a couple of ways you may be able to reduce the sting of your ...
The fall of FTX: The stunning collapse of a massive crypto firm could send shockwaves through traditional financial markets
FTX, the world’s fourth-largest crypto exchange by volume has crumbled. Traditional pension funds and venture capitalists are among investors tangled up in the crisis.
FTX Collapse Drags Crypto Stocks to $5 Billion Valuation Wipeout
US stocks’ biggest rally in months wasn’t enough to ease the pain for holders of shares linked to the cryptocurrency space, some of which are headed for their steepest weekly losses in years amid FTX ...
What’s next for crypto as FTX collapse triggers ‘Lehman moment’?
The stunning downfall of the FTX exchange, one of the biggest and most reputable players in the market for digital assets, is sparking alarm among people who own cryptocurrencies as investors run for ...
Crypto Markets Buckle as FTX Bankruptcy Spurs Search for Casualties
It’s a really, really challenging backdrop.” The failure of Sam Bankman-Fried’s crypto empire -- a week ago arguably the industry’s highest-profile and best-respected company -- is shaking the ...
Before his epic fall, Sam Bankman-Fried was hailed as a crypto genius. Some clients saw smoke and mirrors.
Three people who did business with Bankman-Fried and his companies in recent years told NBC News that they lost money in what they contend were manipulative trading activities.
FTX’s fortunes fell off a cliff in a matter of days. Here’s what experts think the company’s fiasco could mean for the future of crypto.
Fried's crypto exchange, FTX, may spur action toward industry regulation and should be a warning to investors.