Tag: banking

The world cryptocurrency market is worth more than $3 trillion for the first time, according to calculations Monday, as mainstream investors increasingly jump on board. ( read original story ...)

The value of the global cryptocurrency market has nearly quadrupled this year. The world's global cryptocurrency market surpassed $3 trillion on Monday, reaching a new all-time high as the world's ... ( read original story ...)

Ether hit an all-time high above $4,760 on Monday, while bitcoin topped $66,000 as it headed towards October's record. ( read original story ...)

Huobi Group, a cryptocurrency-technology company founded in 2013, is moving its spot-trading operation to Gibraltar as it takes steps to leave China, where authorities are cracking down on the ... ( read original story ...)

Former Citigroup boss Vikram Pandit said the biggest banks will be seriously weighing up a leap into the crypto world. ( read original story ...)

"The integration of VGX into Coinify's crypto payment platform expands the functionality of the Voyager token well beyond the Voyager ecosystem," said Steve Ehrlich, CEO and Co-founder of Voyager. ( read original story ...)

The plunging value of some of its blockbuster IPOs and a tech sector crackdown by China has led to a record loss. ( read original story ...)

Prime Minister Fumio Kishida called for a shakeup of the initial public offering process to better serve startups as Japan’s new capitalism panel released its recommendations ahead of a stimulus ... ( read original story ...)

The cryptocurrency market is now worth more than $3 trillion. As of 7:38 a.m. in London, the overall market cap of cryptocurrencies hit $3.01 trillion, according to CoinGecko pricing. The third- and ... ( read original story ...)

Vikram Pandit believes every major financial institution will be considering trading crypto “in one to three years.” ... ( read original story ...)

Headquartered in Bahrain, fiat-to-crypto exchange CoinMENA has secured $9M in seed funding from BECO Capital, Kenetic Capital, Arab Bank Switzerland, Bunat Ventures, FTX investment arm Alameda ... ( read original story ...)

Overall, the Tokyo-based company had a net loss of ¥397.9 billion in ... its stock is down more than 70% from its peak and is trading below the IPO price. “The Chinese regulators have no incentive in ... ( read original story ...)

Masayoshi Son said his SoftBank Group Corp. will buy back as much as 1 trillion yen ($8.8 billion) of its stock after a decline in the value of its portfolio companies led to a record loss in its ... ( read original story ...)

Vision Fund unit as the value of public holdings like Coupang Inc. and Didi Global Inc. plunged. The unit’s loss in the three months ended Sept. 3O was 825.1 billion yen ($7.3 billion), exceeding the ... ( read original story ...)

SoftBank had first led a $1.4 billion round in Paytm in 2017, valuing it at $7 billion. It led subsequent rounds too, and its current holdings are worth over 2 times what it has invested. ( read original story ...)

The existing investors will sell shares worth Rs 10,000 crore, while fresh shares worth Rs 8,300 crore will be issued. ( read original story ...)